啥，Adobe Animate被AI干没了？ 叮—— 就在今天，动画师收到一封邮件。点开一看，两眼一抹黑，差点没晕过去。 自己最常用的2D动画软件——Adobe Animate，要被Adobe关掉了。 听到这个消息，许多人第一反应是难以置信，吸了口气，再看第二眼—— 您猜怎么着？还真是官方通知。 全网直接炸锅。 最惨的莫过于刚入坑的小白：一学期的课白上了！！ 老用户则感觉像被挚友从背后捅了一刀，怒火中烧，疯狂输出Adobe。 他们打着「支持创意社区」的幌子摆摊获客，实际上一门心思都在计算ROI。 也有人早就心灰意冷，直言Adobe这些年对Animate用户的反馈一贯冷处理，如今被砍并不意外。 但问题是，Adobe为什么要突然关掉一个明明还有不少人在用的产品？ Adobe一直都以擅长毁掉优秀产品而闻名。 一切的一切，都是因为AI。 对，又是AI。 Adobe决定关停Animate 在官网发布的一份FAQ中，Adobe表示，将于3月1日，停止销售这款已有超过25年历史的2D动画软件。 过去这么多年，Animate虽有些许衰落，但仍然是不少网页动画师、游戏开发者和内容创作者的必备工具。 著名Flash游戏设计师Ty ...

公众号记得加星标⭐️，第一时间看推送不会错过。 晶相光在重讯中指出，力积电承接订单策略出现转变，主因在于其内部产能配置调整。不过，晶相光 目前已掌握的供应产能，仍可支应现阶段营运所需，并有能力达成公司对2026年度的销售目标。 晶相光进一步说明，力积电为公司主要晶圆供应商之一，最近一年度的进货金额占比高达58%。力积 电于29日下午正式通知，自今年第2季起将停止接单生产晶相光部分主要产品，公司随即启动相关因 应机制，以降低对营运的影响。 针对供应结构的变化，晶相光表示，已全面展开多项应变措施，包括与现有及潜在晶圆代工伙伴密切 洽谈，加速既有产品的制程转移与重新验证作业，同时推进中长期技术路线图布局。公司强调，将以 确保产品品质、交期稳定及客户权益为最高原则，并审慎评估供应链调整对整体营运可能带来的影 响。 DRAM需求强劲 力积电表示，为争取时效，董事会已于日前针对投资新设备提升DRAM 制程的规画通过增资案，配 合铜锣厂售予美光、双方策略合作的合约在第二季签订，待力积电今年度股东常会通过后，将根据经 营团队的规划尽速展开设备采购作业，将P3 厂现有月产逾三万片的DRAM 生产线升级。 力积电透露，根据双方已 ...

Core Viewpoint - The successful IPO of Zhaoyi Innovation marks a significant milestone for China's semiconductor industry, highlighting the company's growth and its founder's vision in the global chip market [1][2]. Company Overview - Zhaoyi Innovation, founded in 2005, has evolved from a startup to a key player in the global chip industry, offering a diverse range of products including Flash, niche DRAM, MCU, and analog sensors [3]. - The company is recognized as the only integrated circuit design firm globally that ranks in the top ten across four categories: NOR Flash, SLC NAND Flash, niche DRAM, and MCU [3][4]. Market Position - Zhaoyi Innovation's global rankings in product categories are as follows: - NOR Flash: 1st globally, 1st in China - SLC NAND Flash: 6th globally, 1st in China - Niche DRAM: 7th globally, 2nd in China - MCU: 8th globally, 1st in China [4]. Financial Performance - For the first three quarters of 2025, the company reported revenues of 6.832 billion yuan and a net profit of 1.083 billion yuan, reflecting year-on-year growth of 20.92% and 30.18%, respectively [6]. Future Plans - The company aims to capture at least one-third of the domestic niche DRAM market, valued between 3 billion to 4 billion USD, over the next five years [6]. - Zhaoyi Innovation is accelerating the mass production of chips for cutting-edge fields such as automotive cockpits, AIPC, and robotics to leverage the growth opportunities presented by AI [6]. IPO Details - The IPO raised approximately 4.610 billion HKD by issuing 28.916 million H-shares at an initial price of 162 HKD per share, with 40% of the funds allocated for R&D enhancement and 35% for strategic investments and acquisitions [2]. - The listing attracted significant interest from investors, with 18 cornerstone investors committing a total of 300 million USD [2]. Leadership and Vision - Founder Zhu Yiming, an alumnus of Tsinghua University, has played a pivotal role in establishing Zhaoyi Innovation and is also leading Changxin Technology, which is positioned to become a major player in DRAM manufacturing [5][6]. - Changxin Technology is currently pursuing an IPO on the Sci-Tech Innovation Board, aiming to raise 29.5 billion yuan with a pre-IPO valuation exceeding 150 billion yuan [6].

Core Insights - The successful listing of GigaDevice Semiconductor (stock code: 03986.HK; 603986.SH) on the Hong Kong Stock Exchange marks a significant milestone in the company's capital operations, indicating a new phase of internationalization and a qualitative leap in its global strategic layout [1][3] - The Hong Kong listing serves as a strategic pivot for GigaDevice to enhance its global operations, leveraging the dual capital platform to solidify its diverse chip product portfolio and seize structural opportunities in emerging fields such as AI, IoT, and smart vehicles [3] Company Overview - Since its establishment in 2005, GigaDevice has adhered to a "fabless" model, focusing on chip design and building a diversified product matrix that includes Flash, niche DRAM, MCU, analog chips, and sensor chips [1] - GigaDevice's products empower key terminal sectors such as consumer electronics, automotive electronics, industrial control, energy storage, IoT, PCs and servers, and communications, positioning the company as one of the few in China to achieve global technical benchmarks and competitive advantages in multiple core storage and control chip markets [1] Strategic Goals - The company aims to enhance its global capital raising and allocation capabilities through the Hong Kong listing, deepening collaboration with top international clients and industry partners to elevate its brand influence and voice in the global semiconductor market [1][3] - GigaDevice plans to build systematic core competitiveness through technological innovation, ecosystem collaboration, and global brand development, ultimately creating greater value for global customers and contributing to the high-quality development of China's semiconductor industry [3]

Group 1 - The core viewpoint of the news is that two companies under Zhongguancun Development Group have successfully listed on the Hong Kong Stock Exchange, achieving the construction of an "A+H" dual capital platform [1] - Haowei Group is the first company this year to achieve "A+H" listing and is the first in the domestic CMOS image sensor (CIS) field to do so, becoming the "first stock" of image sensors in Hong Kong [2] - Haowei Group is a global semiconductor design company that has received significant funding support from Zhongguancun Capital between 2013 and 2016, which has been crucial for its development [4] Group 2 - Zhaoyi Innovation, another leading semiconductor company, has focused on chip design under a waferless manufacturing model since its establishment in 2005 and has listed on the A-share main board since August 2016; its recent Hong Kong listing marks an important step in its international strategy [5] - Zhongguancun Development Group has provided multi-round funding support exceeding 100 million yuan to Zhaoyi Innovation during its early stages, helping to address financing challenges [7] - Zhaoyi Innovation's product system covers multiple areas including Flash, niche DRAM, MCU, analog chips, and sensor chips, widely applied in consumer electronics, automotive electronics, industrial control, energy storage devices, IoT, PCs and servers, and communications [7]

Core Viewpoint - The article discusses the successful listing of Zhaoyi Innovation Technology Group Co., Ltd. on the Hong Kong Stock Exchange, highlighting its significant market debut and strategic funding allocation for growth and development [1]. Group 1: Company Overview - Zhaoyi Innovation, established in 2005, is a diversified integrated circuit design company offering a range of chip products including Flash, DRAM, microcontrollers, analog chips, and sensor chips for various applications [2]. - The company is recognized as the leading brand in China for Arm-based MCUs and the second-largest global supplier of SPI NOR Flash, focusing on building an integrated chip ecosystem [2]. Group 2: Financial Performance - The revenue figures for Zhaoyi Innovation from 2022 to the first half of 2025 are as follows: 81.3 billion yuan in 2022, 57.61 billion yuan in 2023, 73.56 billion yuan in 2024, and 41.5 billion yuan in the first half of 2025 [2]. - The corresponding net profits for the same periods are 20.53 billion yuan, 1.61 billion yuan, 11.03 billion yuan, and 5.75 billion yuan, indicating a recovery in profitability in 2025 [2]. Group 3: Fundraising and Investment Strategy - Zhaoyi Innovation's global offering consists of 28,915,800 H-shares, with 10% allocated for public sale in Hong Kong and 90% for international investors, raising approximately 41.8 billion Hong Kong dollars at a midpoint price of 147 Hong Kong dollars per share [1]. - The company plans to allocate about 40% of the raised funds to enhance R&D capabilities, 35% for strategic industry acquisitions and investments, and 9% for building a global marketing network [1].

Group 1 - The core viewpoint of the article is that兆易创新科技集团股份有限公司 (兆易创新) successfully listed on the Hong Kong Stock Exchange, closing at 222.8 HKD with a rise of 37.53% [1] - The total number of shares offered globally by 兆易创新 was 28,915,800 H-shares, with 2,891,600 shares for public offering in Hong Kong and 26,024,200 shares for international offering [2] - The final offering price was set at 162.00 HKD, raising a total of 4,684.4 million HKD, with a net amount of 4,610.9 million HKD after deducting estimated listing expenses of 73.5 million HKD [3][4] Group 2 - The net proceeds from the global offering will be allocated as follows: approximately 40% for enhancing R&D capabilities, 35% for strategic industry-related investments and acquisitions, 9% for global strategic expansion, 6% for improving operational efficiency, and 10% for working capital and other general corporate purposes [4] - 兆易创新 is a diversified integrated circuit design company providing a variety of chip products including Flash, niche DRAM, MCU, analog chips, and sensor chips for various applications such as consumer electronics, automotive, industrial automation, and IoT [5]

港交所的敲锣声在两日之内接连响起，奏响了清华系半导体军团全球化的强音。1月12日，CMOS图像传感器（CIS） 龙头豪威集团率先登陆港股；时隔仅一天，1月13日，存储芯片龙头兆易创新紧随其后完成挂牌，两家均出身清华系 的A股半导体巨头，以"背靠背"的姿态完成"A+H"双资本平台布局， 这一波密集的上市动作并非偶然。在AI驱动存储与传感需求爆发、全球半导体行业迎来量价齐升"超级周期"的关键节 点，清华系双巨头的接连赴港，既是自身全球化战略的关键落子，更折射出中国半导体企业借助资本力量抢占产业高 地的集体诉求。 两日双响：清华系双巨头接连赴港挂牌 2026年1月12日，豪威集成电路（集团）股份有限公司正式在香港联合交易所主板挂牌上市，成为今年上市的第一 家"A+H"企业，同时也成为国内CIS领域首家实现"A+H"上市的企业，成就港股"图像传感器第一股"。截至12日收盘， 豪威集团在A股市值1616亿元，在港股开盘价为108港元，较发行价上涨3.1%；收盘价为121.8港元，较发行价上涨 16%；以收盘价计算，公司市值为1529亿港元。 1月13日，国内存储芯片龙头兆易创新正式登陆港交所，完成"A+H"双资本平台布 ...

Core Viewpoint - 兆易创新 successfully completed its IPO on the Hong Kong Stock Exchange, marking a significant milestone in establishing its "A+H" dual capital platform, highlighting its rapid growth and global competitiveness in the semiconductor industry [1][4][9]. Company Overview - 兆易创新 is a leading global chip design company in China, specializing in various core storage and control chips, and has achieved global benchmarks in multiple sectors [1][9]. - The company operates a fabless business model, focusing on integrated circuit design and R&D while outsourcing manufacturing to external foundries [2][11]. Financial Performance - For the fiscal years ending June 30, 2022, 2023, 2024, and the first half of 2025, 兆易创新 reported revenues of approximately 8.13 billion, 5.76 billion, 7.36 billion, and 4.15 billion RMB, respectively, with corresponding profits of 2.05 billion, 0.16 billion, 1.10 billion, and 0.59 billion RMB [3][12]. - In Q3 2025, the company achieved a revenue of 2.68 billion RMB, a year-on-year increase of 31.40%, and a net profit of 0.51 billion RMB, up 61.13% [6][14]. Market Position - According to Frost & Sullivan, by 2024, 兆易创新 ranks second globally and first in mainland China for NOR Flash with an 18.5% market share, sixth globally and first in mainland China for SLC NAND Flash with a 2.2% market share, seventh globally and second in mainland China for niche DRAM with a 1.7% market share, and eighth globally and first in mainland China for MCU with a 1.2% market share [2][11]. - The company is positioned to benefit from the rapid growth of edge AI, which is expected to drive demand for its products that enable real-time, low-power, and reliable AI inference [6][14]. IPO and Investment Strategy - The IPO raised funds with approximately 40% allocated to enhancing R&D capabilities, 35% for strategic industry-related investments and acquisitions, 9% for global strategic expansion, 6% for improving operational efficiency, and 10% for working capital and other general corporate purposes [7][15]. - The stock opened at 235.00 HKD per share, reflecting a 45.06% increase, with a market capitalization of 163.74 billion HKD [1][10].

Core Viewpoint - The article highlights the successful IPO of Zhaoyi Innovation, a semiconductor company, on the Hong Kong Stock Exchange, emphasizing its potential in the semiconductor industry and its diverse product offerings [1][3]. Group 1: IPO Details - Zhaoyi Innovation launched its IPO on January 13, issuing 28.92 million H-shares, with approximately 10% allocated for public offering and the remainder for international placement [3]. - The IPO was priced at 162 HKD per share, aiming to raise up to 4.684 billion HKD [3]. - On its first trading day, the stock opened at 235 HKD, marking a 45.06% increase, and peaked with a gain of over 50% during the day [1]. Group 2: Company Overview - Zhaoyi Innovation is an integrated circuit design company that offers a variety of chip products, including Flash, DRAM, microcontrollers (MCU), analog chips, and sensor chips, catering to sectors such as consumer electronics, automotive, industrial applications, personal computers, and IoT [3]. - The company reported projected revenues of 8.13 billion CNY, 5.761 billion CNY, and 7.356 billion CNY for the years 2022 to 2024, respectively, with net profits of 2.053 billion CNY, 161 million CNY, and 1.103 billion CNY for the same period [3]. Group 3: Leadership - The company was founded in April 2005 by Zhu Yiming, who has served as the executive director and chairman since its inception [4]. - Zhu Yiming, aged 53, has a strong educational background with degrees from Tsinghua University and Stony Brook University, and he has held significant positions in the semiconductor industry, including chairman and CEO roles at Changxin Technology [4].