Core Viewpoint - The commitment from the largest cornerstone investor, STMicroelectronics, not to reduce its stake in Innoscience Technology (英诺赛科) for the next 12 months, reflects strong confidence in the company's long-term development [1] - Multiple brokerage firms have issued positive ratings for Innoscience Technology, indicating a favorable outlook for the company's growth in the semiconductor industry [1][2] Group 1: Investor Confidence - STMicroelectronics holds 12,592,100 H-shares of Innoscience Technology, representing approximately 2.56% of the total issued H-shares and about 27% of the current tradable H-shares [1] - Several brokerage firms, including CICC, Zhaoshang International, and Guotai Junan, have issued buy ratings, with target prices ranging from 49 HKD to 52.55 HKD [1] Group 2: Growth Projections - Zhaoshang International forecasts a compound annual growth rate (CAGR) of 55.2% for the company's revenue from 2024 to 2027, with a projected gross margin turnaround in 2025 [1] - Guotai Junan anticipates revenue growth rates of 59%, 67%, and 56% for 2025 to 2027, respectively, with a projected net profit of 238 million yuan in 2027, representing a year-on-year increase of 265% [1] Group 3: Technological Advancements - Innoscience Technology has made significant strides in emerging fields such as AI data centers and automotive electronics, achieving nearly a tenfold increase in the delivery of automotive-grade chips in 2024 [1] - The company launched the world's first mass-produced 100V GaN solution, enhancing energy conversion efficiency for AI servers and competing strongly in solar MPPT applications [1] - In the humanoid robotics sector, the company's 150V/100V GaN products are widely used in joint drives, with its 100W joint motor driver products already in mass production [1]