Core Viewpoint - Chengdu Huami (688709.SH) has signed a strategic cooperation agreement with Suiruan Technology to collaborate in the fields of large models and high-performance GPU technology [1] Group 1: Strategic Cooperation - The partnership aims to leverage high computing power for applications in model training, space computing, and edge inference [1] - The company emphasizes strict adherence to information disclosure regulations regarding business progress [1] Group 2: Product Applications - The company's products are already utilized by clients such as the Aerospace Science and Technology Group and the Aerospace Industry Group [1] - Core products including FPGA, ADC/DAC, and TSN have potential applications in the commercial aerospace industry chain [1] Group 3: Technical Development - The company’s team has been invited as core experts to participate in the formulation of the "Arrowborne Time-Sensitive Network (TSN) Technical Specifications" [1] - The company is committed to advancing TSN technology in high-end equipment and is focused on technology research and market expansion [1] - The company is closely monitoring trends in cutting-edge technology and customer demands to explore potential application scenarios and develop forward-looking strategies [1]

Core Viewpoint - Chengdu Huami (688709.SH) has signed a strategic cooperation agreement with Suiruan Technology to collaborate in the fields of large models and high-performance GPU technology, which can be widely applied in model training, space computing, and edge inference [1] Group 1: Strategic Cooperation - The partnership with Suiruan Technology aims to leverage high computing power for various applications [1] - The company emphasizes strict adherence to information disclosure regulations regarding business progress [1] Group 2: Product Applications - The company's products have been applied in clients such as the Aerospace Science and Technology Group and the Aerospace Industry Group [1] - Core products including FPGA, ADC/DAC, and TSN have potential applications in the commercial aerospace industry chain [1] Group 3: Technical Development - The company is actively involved as core experts in the formulation of the "Arrowborne Time-Sensitive Network (TSN) Technical Specification" for commercial aerospace [1] - The company is committed to advancing technology research and market expansion while closely monitoring trends in cutting-edge technology and customer demands [1]

Core Viewpoint - Shanghai Jiyiwei Semiconductor Co., Ltd. has officially initiated its A-share IPO process after completing the listing guidance filing with the Shanghai Securities Regulatory Bureau, with Guotai Junan Securities as the guiding institution [1]. Group 1: Company Overview - Jiyiwei Semiconductor was established in August 2019 and is headquartered in Zhangjiang Microelectronics Port, Shanghai, with R&D centers in Hangzhou and Chengdu [2][3]. - The company has a registered capital of 151.9382 million yuan and a paid-in capital of 147.36185 million yuan, with no controlling shareholder [2]. Group 2: Business Focus - As a national high-tech enterprise, Jiyiwei aims to create a domestic, self-controlled high-end analog/digital mixed-signal IC design and industrialization platform, focusing on high-performance, low-power PLL, ADC/DAC, and SerDes products [3]. - The company specializes in high-speed SerDes technology, offering solutions for 56Gbps and 112Gbps PAM4 high-bandwidth interfaces, targeting the needs of high-speed wired communications, data centers, 5G, and optical communications [3]. Group 3: Intellectual Property and Funding - Jiyiwei has emphasized intellectual property development, accumulating multiple patents and software copyrights, enhancing its market competitiveness in the high-end chip sector through continuous technological innovation and commercialization [3]. - The company has completed five rounds of financing, attracting significant investments from national funds and notable industry capital, including the National Integrated Circuit Industry Investment Fund II and Tencent Investment, providing substantial financial support for its R&D and market expansion [3].

Core Viewpoint - Shanghai Jiyiwei Semiconductor Co., Ltd. has officially initiated its A-share IPO process after completing the listing guidance filing with the Shanghai Securities Regulatory Bureau, with Guotai Junan Securities as the guiding institution [1]. Group 1: Company Overview - Jiyiwei Semiconductor was established in August 2019 and is headquartered in Zhangjiang Microelectronics Port, Shanghai, with R&D centers in Hangzhou and Chengdu, forming a comprehensive R&D and industrial layout [2][3]. - The company has a registered capital of 151.9382 million yuan and a paid-in capital of 147.36185 million yuan, with no controlling shareholder [2]. Group 2: Business Focus and Technology - As a national high-tech enterprise, Jiyiwei Semiconductor aims to create a domestic, self-controllable high-end analog/digital mixed-signal IC design and industrialization platform, focusing on high-performance, low-power PLL, ADC/DAC, and SerDes core products [3]. - The company specializes in high-speed SerDes technology, offering solutions for high bandwidth interfaces such as 56Gbps and 112Gbps PAM4, targeting the needs of high-speed wired communications, data centers, 5G, and optical communications [3]. Group 3: Financial Backing and Growth - Jiyiwei Semiconductor has completed five rounds of financing, attracting a prestigious lineup of shareholders, including the National Integrated Circuit Industry Investment Fund II and Shanghai Integrated Circuit Industry Investment Fund, as well as industry capital from Tencent Investment and China Mobile Capital [3]. - The company emphasizes intellectual property development, having accumulated multiple patents and software copyrights, which supports its market competitiveness in the high-end chip sector [3].

Core Viewpoint - Chengdu Huamei (688709.SH) focuses on the research and development of special integrated circuits, with products widely used in electronics, communications, control, and measurement in specialized fields [1] Group 1: Product Focus - The company’s main products include special digital and analog integrated circuits [1] - The company has undertaken several national key research and development programs and major technological projects in areas such as FPGA, high-speed high-precision ADC, and intelligent SoC [1] Group 2: Technological Positioning - The overall technical reserves of the company are positioned in the first tier of the special integrated circuit design industry [1] - The company’s FPGA and ADC/DAC products possess the necessary parallelism, low latency, and reconfigurability required for quantum error correction applications [1] Group 3: Market Strategy - The company closely monitors the development trends of cutting-edge technologies and follows market and customer demands [1] - The company plans to expand potential application scenarios for its products and formulates forward-looking layouts and plans [1]

Core Insights - CT Group is celebrating its 33rd anniversary and has outlined significant plans for the next three years, including the launch of an IoT chip designed by Vietnamese engineers [1][3] - The company is establishing a chip design cluster focused on AI, IoT, UAV, defense, and 5G/6G applications, ensuring autonomy in chip development through proprietary IP technology [1][3] - CT Group aims to achieve full integration of the semiconductor industry chain by 2030, including design and testing, while proposing government investment in lithography equipment [3][4] Market Advantages - CT Group holds a strong market position in UAV, IoT, near-space economy, and defense sectors, with a smart city ecosystem that requires AI and IoT chips [4] - The company benefits from a diverse global network and has established partnerships with top universities to cultivate talent in semiconductor design [4][5] Infrastructure and Strategic Advantages - The project is supported by CT Group's ecosystem, which includes research centers, production bases, and training institutions, with existing capabilities in chip packaging and testing [5] - The company has made long-term investments in the semiconductor industry, aligning with government strategies for technology development in communication, AI, IoT, UAV, and 5G/6G [5] - CT Group has the capability to design complex chips using advanced 2nm CMOS technology, which is critical for various industries including healthcare, defense, smart agriculture, and smart devices [5] Additional Initiatives - CT Group has proposed April 30, 2025, to be recognized as Vietnam Semiconductor Day, symbolizing national unity in a new development phase [6]