Market Overview - Federal Reserve Chairman Jerome Powell anticipates significant inflationary pressures, overshadowing optimistic sentiments from Trump's comments on Iran negotiations, leading to a slight decline in major U.S. stock indices [1] - The S&P 500 index closed down 0.03%, the Dow Jones down 0.10%, while the Nasdaq rose 0.13% [1] - Technology stocks led the gains in the U.S. market, with banks benefiting from proposed easing of capital regulations on U.S. Treasury transactions [1] - Circle, the first stablecoin company, surged over 34% following the U.S. Senate's passage of a stablecoin regulatory framework [1] Commodity and Financial Markets - Gold prices fell over 1% from intraday highs, while platinum reached an eleven-year high [3] - Oil prices experienced volatility, declining after Trump expressed a desire to avoid U.S. involvement in Middle Eastern conflicts [3] AI and Technology Developments - OpenAI has initiated a price war by discounting its ChatGPT enterprise version, putting Microsoft in a reactive position [4] - Sam Altman, in a recent interview, discussed the potential of AI to discover new sciences and the future prevalence of AI companions and humanoid robots [5] Regulatory and Policy Updates - The Central Financial Committee of China issued opinions to support the development of Shanghai as an international financial center, emphasizing the use of blockchain in supply chain finance [8] - The China Securities Regulatory Commission released guidelines to enhance the inclusivity of the Sci-Tech Innovation Board [8] Industry Insights - Goldman Sachs predicts a boom in China's AI/AR glasses market, projecting sales to reach 7 million units by 2030 [7] - The Ministry of Industry and Information Technology of China aims for over 70% digitalization in key business processes of large textile enterprises by 2027 [9] Stock Market Highlights - Circle's market capitalization reached approximately $44.4 billion (around 320 billion RMB) after a significant price increase [15] - The price of platinum has risen over 60 CNY per gram in the past month, with a nearly 30% increase [16][17] - DRAM prices saw a significant increase, with DDR4 experiencing a 53% rise in May, the largest increase since 2017 [18][19]

Group 1 - Huate Dain received a stake increase from Guo Weisong, reaching 5% ownership, with potential for further increases in the next 12 months [3] - Shandong Molong confirmed normal operations and no undisclosed significant matters [4] - New Fengming's wholly-owned subsidiary plans to acquire 36% stake in Jinlian Port for 70.08 million yuan [5] Group 2 - Juchip Technology announced successful promotion of new AI audio chips, enhancing market competitiveness [6] - ST Bailing applied to revoke other risk warnings after completing internal control rectifications [7] - Wolong Electric Drive is planning to list H-shares in Hong Kong to enhance global strategy and competitiveness [8] Group 3 - China Chemical signed contracts totaling 150.825 billion yuan from January to May, with 131.024 billion yuan domestically and 19.801 billion yuan internationally [10] Group 4 - Shanghai Yanpu's actual controller plans to reduce holdings by up to 3% due to personal financial needs [12][13] Group 5 - Qizhong Technology intends to repurchase shares worth 75 million to 150 million yuan, using various funding sources [15] Group 6 - Taiji Industry's subsidiary is set to sign a five-year service contract with SK Hynix, expected to provide stable profits and cash flow [17]

Core Viewpoint - The company has launched new edge AI audio chip products based on in-memory computing technology, indicating a successful phase in promoting edge AI products and validating its strategic direction in the AIoT sector [1] Product Launch - The company introduced the ATS323X, ATS286X, and ATS362X product series, with the ATS323X series experiencing rapid growth shortly after the first terminal product from a customer went into mass production [1] - The ATS286X and ATS362X have been initiated for project development with several leading brand customers, suggesting strong future potential [1] Market Positioning - The rapid adoption of edge AI new products confirms the company's judgment on the upgrade trend of AIoT products and its chosen technological route [1] - This development is expected to enhance the company's core competitiveness and solidify its market position in the edge AI audio sector, ultimately increasing market share [1]