Group 1: Federal Reserve Insights - The Federal Reserve Chairman's dovish remarks may strengthen interest rate cut expectations, emphasizing the importance of asset direction sustainability [6][8] - The global stock markets mostly rose, with A-shares leading, while major commodity futures such as oil, gold, copper, and aluminum also increased [6][8] - The U.S. labor market appears balanced but carries rising hidden risks, with Powell indicating that the unemployment rate, although slightly up to 4.2%, remains at a historically low level [11][12] Group 2: Company Reports - Zhongsheng Pharmaceutical (002317) is experiencing steady growth in its core traditional Chinese medicine business, with successful procurement outcomes for its flagship products [17][20] - Lingrui Pharmaceutical (600285) reported a revenue of 2.099 billion yuan in the first half of 2025, a year-on-year increase of 10.14%, driven by both internal development and external expansion [21][24] - Yangjie Technology (300373) achieved a revenue of 3.455 billion yuan in the first half of 2025, reflecting a year-on-year growth of 20.58%, with significant contributions from automotive electronics and AI server sectors [26][30] Group 3: Market Trends - The domestic equity market showed a strong performance, with a daily average trading volume of 25.477 billion yuan, indicating a positive market sentiment [7][33] - The semiconductor sector led the market with a 7.66% increase, while defensive sectors like agriculture and consumer goods faced declines [37] - The overall market is expected to maintain upward momentum, with significant inflows of large capital into growth sectors [33][34]

Core Viewpoint - The article highlights recent developments in the silicon carbide (SiC) semiconductor industry, focusing on new projects and advancements by companies such as Yangjie Technology and EYEQ Lab, which are significant for the growth and innovation in the sector [2][4][6]. Group 1: Yangjie Technology - Yangjie Technology announced the commencement of its SiC automotive-grade power semiconductor module packaging project, with a total investment of 1 billion yuan, covering an area of 62 acres and a planned construction area of approximately 112,000 square meters [4]. - The project aims to produce automotive-grade IGBT modules and SiC MOSFET modules, targeting international benchmarks and achieving import substitution. Once fully operational, it is expected to generate annual sales of 1 billion yuan and tax revenue of 30 million yuan [4]. - Yangjie Technology plans to conduct process and reliability verification for domestically produced SiC modules by Q4 2025 [4]. Group 2: EYEQ Lab - EYEQ Lab is set to complete its first 8-inch SiC power semiconductor manufacturing plant in Busan by September this year, with an annual production capacity of 144,000 wafers [6]. - The company has developed 8-inch SiC power semiconductor devices using trench technology, which enhances electrical stability and durability while reducing chip size [6]. - The initial investment for the 8-inch plant is approximately 100 billion Korean won (around 544 million yuan), with production expected to commence in September 2025 [6].

Market Performance - The main board saw significant gains with Wuhan Fanggu rising by 10.04%, Aopu Optoelectronics by 10.01%, and Tianjian Technology by 10.00% [1] - The ChiNext board led with Kela Software increasing by 13.98%, Hanbang High-tech by 6.55%, and Shuo Beid by 5.97% [1] - The Sci-Tech Innovation board was also up, with Aerospace Nanhu gaining 11.11%, Holaiwo by 8.77%, and Guobo Electronics by 5.66% [1] Domestic News - Yangjie Technology has initiated a 1 billion yuan project for SiC automotive-grade power semiconductor module packaging, focusing on IGBT modules and SiC MOSFETs, aiming for import substitution and international competitiveness [1] - Rockchip announced the launch of the new AI vision chip RV1126B, which has passed mass production testing and will begin bulk supply this month, featuring a 4-core Arm Cortex-A53 CPU and a self-developed 3TOPS NPU [1] - TCL Huaxing is supplying Lenovo's Moto Razr 60 series with the latest generation of display materials, achieving a 13% reduction in power consumption compared to the previous generation [1] - Nanchip Technology has launched a vehicle-grade high-speed CAN/CAN FD transceiver SC25042Q, entering the CAN transceiver market with strong anti-electromagnetic interference capabilities [1] Company Announcements - Changguang Huaxin announced it has received government subsidies totaling 10.3997 million yuan, with 8.1775 million yuan related to revenue [2] - Hongsoft Technology is planning a share transfer of 8,023,408 shares, representing 2.00% of its total equity, by HomeRun Capital Management Limited [2] - Dahua Technology has signed a maximum guarantee contract with ICBC for 10 million yuan to provide joint liability guarantees for its subsidiary Zhejiang Huayi Technology [2] - Weston reported a reduction in shareholding by a major shareholder, with a decrease from 7.00% to 5.79% after selling 1,066,500 shares [2] Overseas News - Intel is in discussions with NVIDIA, Microsoft, and Google regarding its 18A process, which may serve as a strong alternative to TSMC's N2 process [3] - OpenAI has agreed to acquire the AI coding tool Windsurf for approximately 3 billion USD, which allows developers to navigate and modify code using AI [3] - Apple's silicon design team is developing new chips for future devices, including its first smart glasses and more powerful Macs [3] - Infineon has released a new generation of 750V silicon carbide MOSFETs for automotive and industrial applications, with a conduction resistance range of 7mΩ to 140mΩ [3]