Core Viewpoint - Longxin Zhongke has released an investor relations activity record, highlighting the capabilities of its first GPGPU product, the 9A1000, which is comparable to AMD's RX550 and boasts tens of teraflops of computing power, aiming for a high cost-performance ratio in entry-level discrete graphics cards [2] Group 1 - The 9A1000 GPGPU product is designed to complement Longxin CPUs, enhancing system compatibility and performance [2] - The company is working on developing Windows drivers for the 9A1000 to ensure compatibility with Windows computers [2] - The 9A1000 has already been delivered for tape-out, with future development plans for the 9A2000 and 9A3000 products [2]

Core Viewpoint - Longxin Zhongke has delivered the 9A1000 chip in September this year and expects to receive the chips back next year for further testing and productization before market launch [1] Group 1 - The 9A1000 chip was delivered in September 2023 [1] - The company anticipates receiving the chips back in 2024 for testing and productization [1] - Specific performance parameters will be announced upon the product's market launch [1]

Core Viewpoint - Longxin Zhongke's GPGPU product 9A1000 has completed its tape-out by the end of September 2025, with expectations for public performance parameters and scores to be released upon product launch [1] Group 1 - Longxin Zhongke confirmed that the 9A1000 was delivered for tape-out in September of this year [1] - The company anticipates receiving the chips back in the following year, with further testing and productization required before market launch [1] - Specific performance parameters will be disclosed once the product is officially launched [1]

Core Viewpoint - Longxin Zhongke has successfully delivered the 9A1000 chip for tape-out by the end of September, and the development of the 3B6600 chip is progressing normally [2] Group 1 - Longxin Zhongke confirmed the delivery of the 9A1000 chip on September 30 [2] - The research and development of the 3B6600 chip is ongoing and proceeding as planned [2]

Group 1 - The company has confirmed that the new GPU 9A1000 has been delivered for tape-out at the end of September [1] - The development of the 3B6600 is proceeding normally according to the company's response [1]

Core Viewpoint - Longxin Zhongke (688047) reported a revenue of 244 million yuan for the first half of 2025, marking a year-on-year increase of 10.90%, while the net profit attributable to shareholders was -294 million yuan, compared to -238 million yuan in the same period last year [1][2] Financial Performance - The company's revenue from industrial control chips increased by 61.09% year-on-year, driven by the recovery in the security application industrial control market and contributions from new products [1] - Revenue from information technology chips grew by 5.01% year-on-year, benefiting from the high cost-performance ratio of the 3A6000 chip and the recovery of the domestic e-government market [1] - Revenue from solution services decreased by 25.93% year-on-year as the company continued to adjust its product structure [1] - The gross profit margin for the first half of the year was 42.44%, an increase of 12.77 percentage points year-on-year, with industrial control chips achieving a gross profit margin of 65.45%, up 12.98 percentage points from the previous year [1] Operational Insights - The company is transitioning from a focus on product development to market sales, indicating a new growth cycle for revenue [3] - Longxin Zhongke is implementing a sales strategy that emphasizes market-oriented pricing and product structure optimization, while actively reducing the proportion of solution services [3] - Significant progress has been made in the development of new CPU products, including the "Three Swordsmen" and "Three Elite" series, with many chips entering the market [3][4] Product Development - The 3C6000 series server CPU is being commercialized, showcasing significant improvements in performance and cost-effectiveness compared to previous generations [4] - The new desktop CPU, 3B6600, is in the physical design phase after completing code development and basic freezing [4] - The embedded CPU, 2K3000, has successfully completed the tape-out process and is entering productization, offering strong general and AI computing performance [4] - The specialized CPU, 2P0300, has also completed tape-out and is undergoing productization, further enhancing its cost-performance ratio [4] Software Development - By June 2025, the company has achieved native support for its architecture in various open-source software communities, including Linux kernel and GCC toolchain [5] - The company holds a total of 820 authorized patents, including 643 invention patents, and has developed numerous software copyrights and integrated circuit layout design rights [5]