而热电半导体技术（TEC），以其体积小、寿命长、结构简单、稳定性高、无需制冷剂、绿色环保且控制精准（精确到0.01℃）等优势，成为了小型器件主 动温控管理技术路线的不二选择。该技术门槛贯穿材料制备、器件设计及制备、模组集成三个环节，其中材料制备更是源头核心环节，最大的难点在于高性 能热电半导体材料的集成制备以及高精度、高可靠性器件的开发。 成果转化于中国科学院上海硅酸盐研究所的中科玻声具备从热电半导体材料碲化铋晶粒与厚膜制备、热电臂集成制备，到微型器件结构设计、焊接连接、封 装切割和仿真测试的全链条技术能力。 凭借优秀的技术实力，中科玻声在汽车、医疗等领域商业化进展迅速，公司的车规级产品已进入吉利、零跑、红旗、广汽等主机厂供应链，医疗产品也进入 PCR测试仪等核心产品供应链。 投资界5月15日消息，近日，热电半导体Micro TEC材料及器件制备商中科玻声宣布完成近亿元A轮融资，由道禾长期投资、格致资本领投，老股东中科创 星、溧阳创投跟投，融资资金主要用于Micro TEC批量生产的产线搭建，完善从研发、工艺测试到质量管控的全流程设备体系。 随着车规级、光通讯光模块、医疗器械、微处理器等电子器件的快速发展，器 ...

Core Viewpoint - Blue Arrow Electronics reported a decline in both revenue and net profit for the year 2024, attributed to weak demand in the consumer electronics market and prolonged customer inventory adjustments [2][3]. Financial Performance - The company achieved an operating revenue of 713.06 million yuan in 2024, a decrease of 3.19% compared to 736.58 million yuan in 2023 [3]. - The net profit attributable to shareholders was 15.11 million yuan, down 74.11% from 58.37 million yuan in the previous year [3]. - The net profit after deducting non-recurring gains and losses was 10.89 million yuan, reflecting a 74.31% decline from 42.40 million yuan in 2023 [3]. - The net cash flow from operating activities increased by 50.14% to 139.04 million yuan, compared to 92.61 million yuan in 2023 [3]. - Basic and diluted earnings per share were both 0.08 yuan, down 77.14% from 0.35 yuan in 2023 [3]. - The total assets at the end of 2024 were 1.87 billion yuan, a decrease of 2.24% from 1.92 billion yuan in 2023 [3]. - The net assets attributable to shareholders were 1.53 billion yuan, down 2.61% from 1.57 billion yuan in 2023 [3]. Operational Insights - The company faced pressure on product prices due to a decline in gross margin, which fell by 7.66% to 7.97% [2][3]. - Increased investment in research and development and smart manufacturing was noted, impacting short-term profits [2]. - The company optimized its period expenses, resulting in a decrease in the expense ratio by 1.1% to 6.82% [2]. Strategic Focus - Blue Arrow Electronics is committed to deepening its focus on the semiconductor discrete devices and integrated circuit packaging sectors, particularly in third-generation semiconductor power devices and automotive-grade products [2][4]. - The company has successfully established a digital, intelligent, and automated production system throughout the packaging process, enhancing its capabilities from 4-inch to 12-inch wafer packaging [4]. - The company aims to develop high-end products and expand its high-end customer base, striving to become a leading packaging enterprise in the industry [5]. Recent Developments - In the first quarter of 2025, the company reported an operating revenue of 139 million yuan, a year-on-year increase of 0.8%, while the net loss attributable to shareholders narrowed to 7.29 million yuan, a 12.23% improvement [4].

小慕有话说 在全球宏观经济面临下行压力、国际贸易摩擦持续升级、产业链区域流动等背景下，2024年全球电 子半导体产业呈现出需求结构性复苏与供应链深度调整的双重特征。在人工智能、消费电子与电动 汽车和新能源等需求推动下，全球半导体销售额首次突破6000亿美元，增长明显。但市场对电子元 器件的需求冷热不均，因各类人工智能应用火爆，AI芯片与HBM存储火爆异常，但汽车与工业市场 尚处于去库存阶段，价格下降明显，而手机与消费电子因为更早完成了去库存周期，其应用到的各 类芯片与元器件交期恢复正常，价格明显修复，供需较为平衡。 而来到2025年，新的变化已经出现：关税战频发， AI与具身机器人等应用持续火爆，"国补"力度加 大、范围扩张，10万元以下的车型也开始普及智驾…… 以下是我们对2025年电子半导体产业做出的四个猜想，期待您在 4月15-17日 到 慕尼黑上海电子展 现场，与相关厂商进行交流实证。 0 1 猜想一 "国补"首次覆盖数码产品，有助提升消费电子市场活跃度。 新年伊始，"国补"发力。根据国家发展改革 委、财政部印发《关于2025年加力扩围实施大规模设备更新和消费品以旧换新政策的通知》，"国补"范围 大幅 ...