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Finance Associated Press, April 13 (Reporter Fu Jing) In the face of intensifying global trade frictions and high technical barriers, the Science and Technology Innovation Board adheres to the road of independent innovation and breaks through the dilemma of the international market. A number of companies on the STAR Market in the fields of chip design, biomedicine, high-end equipment, and new energy are breaking the trade blockade with technology output, diversifying risks with diversified strategies, and continuously improving their international discourse.
The reporter learned that as international competition shifts from product dumping to technological blockade, countries are competing fiercely in the field of cutting-edge science and technology. The company adheres to the strategy of "innovation-driven development", masters core technologies through independent research and development, promotes the "China plan" to the world, and seizes the commanding heights in international competition.
It is reported that VeriSilicon (688521. SH) is the only IP supplier in China to enter the top 10 in the world, and its world-leading neural network processor IP (NPU IP) has been adopted by 142 AI chips from 82 customers, and the shipment of AI chips integrating this IP has exceeded 100 million. At the same time, its graphics processor IP (GPU IP) is also widely used in data centers, automotive electronics, wearable devices, PCs and other fields, and the global shipment of customer chips with built-in VeriSilicon GPUs exceeds 2 billion.
In the medical device industry, medical imaging equipment is the market segment with the highest technical barriers. United Imaging Healthcare(688271. SH) in this field to break the "GPS" three giants of the market monopoly, for the domestic equipment labeled the industry's first, the first domestic model, the world's first label, some equipment has achieved and multinational giants running or leading, the company's development of the whole body 5.0T magnetic resonance uMR Jupiter has become the world's only with NMPA, FDA and CE licenses at the same time the whole body human clinical ultra-high field magnetic resonance equipment.
At the same time, China's intelligent manufacturing is also leading the transformation of the global manufacturing industry, such as the domestic industrial AI leader central control technology (688777.SH) to build a global network covering 50 countries, in Saudi Arabia won the bid for the world's largest seawater desalination project control system, for Holcim Switzerland to deliver the first wireless temperature and vibration monitoring system, in Sweden to achieve the first overseas breakthrough in the general control system Nyx, with China's intelligent manufacturing solutions to rewrite the international competition pattern.
In fact, the STAR Market not only breaks trade barriers with core technology breakthrough output, but also improves the resilience of the industrial chain through production capacity expansion, market diversification, capital integration and other ways to transform risks into opportunities in the face of geopolitical fluctuations.
Taking the photovoltaic field as an example, JinkoSolar (688223. SH), Trina Solar (688599. SH), Canadian Solar (688472. SH) ranked first, fourth and seventh in global PV module shipments in 2024. It is reported that one out of every eight photovoltaic modules in the world comes from JinkoSolar.
It is worth noting that photovoltaic going overseas has gradually changed from "global sales" to "global manufacturing". JinkoSolar said its customers have reached nearly 200 countries and regions around the world. In the face of the "reciprocal tariffs" of the United States, Trina Solar said that its joint venture TOPCon cell module factory in Indonesia is not affected by the "double reversal" of the four Southeast Asian countries, and among the proposed new tax rates announced this time, the Indonesian tax rate is relatively low, and the Indonesian factory has a relative competitive advantage.
At the same time, the merger and acquisition of overseas high-quality assets has also become one of the important ways for enterprises on the Science and Technology Innovation Board to achieve "corner overtaking". Since last year, a number of companies on the STAR Market have targeted mergers and acquisitions at listed companies or core assets of listed companies in developed markets such as the United Kingdom, the United States, and South Korea, and helped them overtake by integrating key resources such as advanced technologies, products and channels.
Among them, ZWSOFT (688083. SH) acquired CHAM, a UK-based commercial fluid simulation software developer, to officially release the first ZWTIC fluid simulation software in 2024 and initially commercialize it. Xi Diwei (688173. SH) acquired a 30.91% stake in Zinitix, a South Korean listed chip company, and successfully connected with more than 50 global customer relationships and 159 intellectual property rights of Zinitix, which is expected to achieve synergy in the field of mobile phones and smart wearables.
According to the reporter's observation, at present, globalization and technological competition are deepening, and the right to set standards has become the focus of contention for economic interests and the right to speak on rules. Based on this, the STAR Market is gradually transforming from a "follower" to a "leader" of international standards through the path of "technological breakthrough-standard output-industrial collaboration".
For example, in the field of integrated circuits, Montage Technology (688008. SH) took the lead in formulating international standards for DDR5 RCD and MDB chips in the field of memory interface chips, which has a high entry threshold, and promoted the accelerated rise of China's "chips"; In the field of advanced rail transit, Times Electric (688187. SH) has presided over and participated in the formulation of 50 international standards, consolidating the dominant position of advanced rail transit; In the field of electric power equipment, the West High Court (688334. SH) has participated in the formulation of more than 40 international standards, including 3 international standards in the field of insulator technology led by China for the first time, supporting China's power equipment industry to connect with international standards.
In addition, in the field of life and health, 10 pharmaceutical companies on the STAR Market have licensed product patents to overseas pharmaceutical companies in the form of license-out, with a total of 18 related transactions and a total disclosed transaction value of US$16.5 billion. Among them, Baili Tianheng (688506. SH) granted Bristol-Myers Squibb (BMS) the rights and interests of BL-B01D1, a new drug under development, with a potential total transaction value of up to US$8.4 billion, setting a new record for domestic ADC drug overseas transactions; Junshi Biosciences (688180.HK) SH) has been approved for nasopharyngeal carcinoma in the U.S. after its license to Coherus, filling the gap in the U.S. market.
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