Loongson Technology(688047)2024-12-16 08:10Group 1: Investor Relations Activities - The investor relations activity included a site visit on December 12, 2024, at the Longxin Industrial Park in Beijing [2] - Participating units included various funds and securities companies [2] Group 2: Technology Licensing and IP - Longxin has developed its own instruction architecture and IP, focusing on external technology licensing to meet ecosystem demands [2] - As of November 2023, multiple companies signed cooperation agreements to use Longxin's architecture for chip design, with two companies already selling chips based on this architecture [2] - The revenue from IP licensing is currently small and will require time for scalable development [2] Group 3: Product Development Progress - The next-generation desktop CPU, 3B6600, is in the design phase and is expected to be delivered in the first half of next year [5] - The server CPU, 3C6000, is in the sample stage, with productization expected by Q2 2025, showing performance benchmarks against Intel's Xeon series [5] - The GPGPU chip, 9A1000, is being developed for entry-level graphics and AI inference acceleration, with performance targeting AMD RX550 [5] Group 4: Cost-Performance Advantages - Longxin's fourth-generation products, represented by the "Three Musketeers" and "Three Sharp Soldiers," focus on improving cost-performance ratio and software ecosystem [5] - The 3A6000 desktop chip has a 20% smaller silicon area, 60% single-core performance improvement, and 100% multi-core performance improvement compared to its predecessor [5] - The 3C6000 server chip shows a performance doubling and cost halving compared to the 3C5000, currently in the sample stage [5] - Longxin's self-developed core IP and components contribute to long-term cost advantages and rapid technological iteration [5]