Science and Technology Innovation Board Daily

(1) The Ministry of Commerce responded to the U.S. issue of TikTok's postponement executive order;

(2) the EU is betting on "gigafactories" in the hope of catching up with China and the United States in the AI race;

(3) Torch Core Technology expects net profit in the first quarter to increase by 384% year-on-year.

"Science and Technology Innovation Board Daily" on April 9 - The main contents of today's Science and Technology Innovation Board Evening News include: the Ministry of Commerce responded to the U.S. side's issuance of TikTok's postponement executive order; The EU bets on "gigafactories" in the hope of catching up with China and the United States in the AI race; Torch Core Technology expects net profit in the first quarter to increase by 384% year-on-year.

[Hot Spotlight].

News-in-brief:

China's tariffs on the United States have been raised to 84%.

The Customs Tariff Commission of the State Council announced today that from 12:01 on April 10, the additional tariff rates stipulated in the Announcement of the Customs Tariff Commission of the State Council on Imposing Additional Tariffs on Imported Goods Originating in the United States (Tariff Commission Announcement No. 4 [2025]) will be adjusted, and the additional tariff rates for all imported goods originating in the United States will be increased from 34% to 84%.

The Ministry of Commerce responded to the US side's issuance of TikTok's postponement executive order: it opposes the practice of ignoring the laws of the market economy, forcibly seizing and harming the legitimate rights and interests of enterprises

A reporter asked: It is reported that the US side issued an executive order on the extension of TikTok for 75 days, and the relevant US laws will not be implemented for the time being. Do you have any comment? A: China has taken note of the relevant situation. The Chinese side reiterates that the Chinese government has always respected and upheld the legitimate rights and interests of enterprises, created a first-class business environment that is market-oriented, law-based and internationalized, and opposes practices that ignore the laws of the market economy, take advantage of enterprises and undermine their legitimate rights and interests. China respects equal, voluntary and fair business practices among enterprises. The specific business arrangements must comply with Chinese law, including the export of technology, which must be approved by the Chinese government in accordance with the law.

Beijing State-owned Assets Supervision and Administration Commission: State-owned shareholders increase their holdings of shares in a timely manner according to the principle of marketization Qualified listed companies have plans to implement share repurchases

Recently, the Beijing State-owned Assets Supervision and Administration Commission held a symposium on listed companies controlled by municipal enterprises to firmly maintain the stability of the capital market and make every effort to promote the high-quality development of listed companies. The meeting pointed out that all enterprises should strengthen the assessment, screening and cultivation of listed resources, focus on the deep coupling of the capital market and scientific and technological innovation, and focus on supporting high-tech enterprises and specialized and special new enterprises with high scientific and technological content and strong innovation ability to choose the appropriate time to land in the capital market; Support high-quality listed companies to implement industrial chain integration, and support the further convergence of high-quality resources of municipal state-owned enterprises to holding listed companies; Strengthen the research and judgment of capital market policies, promote the holding of listed companies to raise funds through share allotment, non-private placement and issuance of convertible bonds to support the development of their main business and the implementation of high-tech projects, rationally use the bond market for financing, and encourage the issuance of REITs to revitalize existing assets. The meeting required that all enterprises should take market value management as a long-term strategic management behavior, clarify the organizational leadership and responsibility implementation mechanism, and continue to improve the ability to cope with the complex situation of the capital market; Guide and promote the holding listed companies to firmly establish the awareness of investor returns, formulate reasonable and sustainable profit distribution policies, and enhance the stability, sustainability and predictability of cash dividends; Establish the image of a responsible major shareholder, actively release positive signals to the capital market, state-owned shareholders increase their holdings of shares in a timely manner in accordance with the principle of marketization, and qualified listed companies have plans to implement share repurchases to effectively maintain the market value of listed companies.

Trump said the U.S. would impose tariffs on medicines

U.S. President Trump said in a speech on April 8 local time that the United States will impose tariffs on drugs. Trump said the United States does not make its own medicines and other health-improving products. The price paid for drugs in the United States is often many times higher than in countries where drugs are produced. Trump believes that once tariffs are imposed on drugs, pharmaceutical companies will open factories in the United States, because the United States is the "largest market."

The EU is betting on "gigafactories" in the hope of catching up with China and the United States in the AI race

The EU said it would focus on building AI data and computing infrastructure and making it easier for businesses to comply with regulations in order to catch up with the US and China in the AI race. The European Commission has said it wants to develop a network of so-called AI gigafactories to help companies train the most sophisticated models. The factories will be equipped with about 100,000 of the latest AI chips, roughly four times the number of AI factory installations currently being built.

Depth:

[Announcement of the Science and Technology Innovation Board].

Cambrian: The additional tariffs will not have a substantial impact on the company's operation and management

Cambrian (688256.SH) announced that the company's revenue mainly comes from domestic customers, and the proportion of overseas revenue is relatively low, and the company's overseas customer revenue will not exceed 1% in 2023 and 2024. In December 2022, the U.S. Department of Commerce's Bureau of Industry and Security added the company to the Entity List, restricting the company's procurement of U.S.-related products and technologies. The additional tariffs will not have a substantial impact on the company's operation and management. The company will actively track the dynamic trend of international and domestic policies, carry out active communication with the upstream and downstream of the industrial chain, and promote the sustainable development of the company's business.

Loongson Zhongke: The company does not rely on foreign technology authorization to improve the degree of autonomy and controllability from chip research and development, production to software ecology

Loongson Zhongke (688047.SH) announced that the company continues to pay attention to global trade policies and preliminarily assesses that the US tariffs have no negative impact on the company. The company adheres to the independent command system LoongArch, does not rely on foreign technology authorization, and improves the degree of autonomy and controllability from chip research and development, production to software ecology. At present, the company has no revenue from the United States, and its various businesses are progressing steadily, and its operating and financial conditions are normal. The Company will continue to monitor the development of the incident, analyze the potential impact, and fulfill its information disclosure obligations in a timely manner.

Lihewei: The company's business and operations are not affected by the "reciprocal tariffs" of the United States

Lihe Micro (688589.SH) announced that most of the company's raw materials are provided by domestic suppliers, and its operating income comes from the domestic market, including smart grids, photovoltaic new energy and other application fields, and there is no export business to North America. As a result, the company's business and operations are not affected by the U.S. "reciprocal tariffs." The company will continue to pay attention to the dynamics of international trade policies and take measures to ensure sound operation and sustainable development.

Xunjiexing: It is planned to acquire 100% of the shares of Jiazhihong, and the shares will resume trading tomorrow

Xunjiexing (688655.SH) disclosed the restructuring plan, the company intends to purchase 100% of the shares of Shenzhen Jiazhihong Electronics Co., Ltd. (hereinafter referred to as "Jiazhihong") from 11 counterparties such as Wu Wenyi, Gao Peiwu and Cheng Xiaochen by issuing shares and paying cash, and raise matching funds, the current asset transaction price has not yet been determined. Jiazhihong is mainly engaged in the research and development, production and sales of flexible printed circuit boards (FPC) and surface mount (SMT) of printed circuit boards, all of which are flexible circuit boards and related products, mainly used in display modules and new energy batteries. After this transaction, the company will quickly strengthen its business layout in the field of flexible circuit boards. The company's shares resumed trading on April 10.

Torch Core Technology: Net profit is expected to increase by 384% year-on-year in the first quarter

Torch Core Technology (688049.SH) announced that it is expected to achieve operating income of about 191 million yuan in the first quarter of 2025, a year-on-year increase of 61.23%; The net profit attributable to the owners of the parent company was about 41.3 million yuan, a year-on-year increase of 383.91%. The performance growth is mainly due to the company's active embrace of the AI process of end-side products, continuous investment in technology research and development, continuous iteration of new products, and exploration of new markets and new customers, and the operating performance is extremely bright.

Jiayuan Technology: It is expected that the net profit in the first quarter will be 22 million yuan to 30 million yuan year-on-year

Jiayuan Technology (688388.SH) announced that it is expected to achieve a net profit attributable to the owners of the parent company of 22 million yuan to 30 million yuan in the first quarter of 2025, compared with the same period last year. The change in performance was mainly due to higher sales orders in the first quarter, higher capacity utilization and lower unit production costs, resulting in higher gross margin.

Guoxin Technology: The new ultra-high-performance cloud security chip developed based on the RISC-V architecture multi-core CPU has been successfully tested internally

Guoxin Technology (688262.SH) announced that the company's self-developed ultra-high-performance cloud security chip based on RISC-V architecture multi-core CPU CCP917T new products have recently been successfully tested in the company's internal tests. The chip has ultra-high performance, high security, high reliability and high scalability, and is suitable for cloud computing, 5G networks, financial systems, government systems, data centers, high-performance computing and network security equipment. The successful research and development of new products has enriched the company's security chip product line, which is expected to have a positive impact on the company's future market expansion and performance growth. However, it should be noted that the product is still in the early stage of market introduction, and there are risks such as marketing promotion and customer development falling short of expectations.

Nuotai Biotech: Reached a strategic cooperation with Julphar, a pharmaceutical company in the Middle East, to supply semaglutide APIs

Nuotai Biotech (688076.SH) announced that the company has reached a strategic cooperation with Gulf Pharmaceutical Industries (Julphar PSC), a well-known pharmaceutical company in the Middle East, and will reach relevant agreements with Julphar on the supply of semaglutide APIs in 22 countries in the Middle East and Africa, including the United Arab Emirates, Qatar, Saudi Arabia, Egypt and Morocco. This cooperation marks the company's GLP-1 strength and R&D capabilities have been internationally recognized again, and is a milestone for the company's business development achievements outside Europe and the United States. This strategic cooperation will not have a significant impact on the company's operating results in the current year, and the impact on the company's operating results in the future years will be determined depending on the specific project agreements signed and the implementation of the subsequent agreement.

Trina Solar: Reached an exclusive patent license agreement with Oxford Solar for perovskite cells

Trina Solar (688599.SH) announced that it recently reached an exclusive patent license agreement with Oxford Photovoltaics Ltd., a global leader in perovskite/crystalline silicon solar cell technology. Through this cooperation, the Company has obtained an exclusive license to develop, manufacture, sell, offer to sell, use and distribute photovoltaic products based on Oxford PV perovskite cell technology and perovskite/perovskite tandem technology and perovskite/crystalline silicon tandem cell technology in Chinese mainland, as well as the exclusive right to sublicense to local manufacturers. As a global technology leader in the field of perovskite solar cells, Oxford PV is a spin-off company of the University of Oxford, and is the first enterprise to focus on the R&D and mass production of perovskite/crystalline silicon tandem cells, and has taken the lead in creating world records of 27.3%, 28% and 29.5% efficiency of small-area tandem cells in the world in 2018, 2019 and 2020, and the first to prepare tandem cells on 158.75mm industrial silicon wafers. In 2024, the 1.7m2 laminated modules it manufactures will have a certified efficiency of 26.9%. At the same time, Oxford PV has laid out core patents in the field of perovskite.

Tiancheng Technology: Net profit in 2024 will increase by 27.5% year-on-year, and it is planned to transfer 10 to 4.9 and distribute 3 yuan

Tiancheng Technology (688603.SH) released its 2024 annual report, and during the reporting period, the company achieved operating income of 381 million yuan, an increase of 12.32% year-on-year; The net profit was 74.6799 million yuan, an increase of 27.5% year-on-year. The company plans to increase 4.9 shares for every 10 shares and distribute a cash dividend of 3 yuan (tax included).

Aohua Endoscopy: Net profit in 2024 will decrease by 63.68% year-on-year, and 10 distributions of 0.8 yuan are planned

Aohua Endoscopy (688212.SH) announced that in 2024, the company will achieve operating income of 750 million yuan, an increase of 10.54% year-on-year; The net profit was 21.0122 million yuan, a year-on-year decrease of 63.68%. The company intends to distribute a cash dividend of 0.8 yuan (tax included) to all shareholders for every 10 shares.

Jinguan Electric: The chairman of the company proposed to repurchase the company's shares for 25 million yuan to 50 million yuan

Jinguan Electric (688517.SH) announced that the company's board of directors received a proposal to repurchase the company's shares submitted by Fan Chong, the actual controller, chairman and general manager on April 8, 2025. The purpose of the proposed repurchase of shares is to be used for equity incentives or employee stock ownership plans at an appropriate time in the future, and the total amount of repurchase funds shall not be less than 25 million yuan (inclusive) and not more than 50 million yuan (inclusive). The repurchase period is 12 months from the date of approval of the repurchase plan by the board of directors. Fan Chong received 90,000 shares of the company due to the vesting of the equity incentive plan within 6 months before the proposal. The proposer has no plan to increase or decrease his holdings during the repurchase period.

[Venture capital vane].

Lingyun Intelligent Mine received a seed round of financing

Lingyun Intelligent Mine completed the seed round of financing, and the investor is Light Source Capital. Founded in March 2025, Lingyun Intelligent Mine is committed to building a world-class mining intelligent knowledge graph system and multi-modal geological database. The platform integrates ore deposit archives, metallogenic model data and multi-modal geological data to form a data asset matrix covering the entire chain of geological exploration, achieving a technological breakthrough of 3 times the target identification efficiency and 50% reduction of exploration costs. At present, Lingyun Zhikuang's AI exploration solution has been deeply applied to important metallogenic areas around the world, and has completed technical verification in a number of strategic mineral projects.

Aixin Yuanzhi completed the C round of strategic financing of over one billion

Aixin Yuanzhi, a leader in the field of artificial intelligence perception and edge computing chips, announced that it has successfully completed the C round of financing recently, with a financing amount of more than one billion yuan, which is one of the largest financing events in the domestic chip field in 2024. Investors in this round of financing include well-known investment institutions such as Ningbo Commerce Fund, Zhenhai Industry Investment, Chongqing Industrial Investment Fund of Funds, Chongqing Liangjiang Fund, Oriza Puhua, and Weihao Chuangxin. Collection

Read 1700

I want to comment

You are welcome to post valuable comments, advertisements and discord comments will be deleted, and comments will be banned from your account.