Science and Technology Innovation Board Evening News, AMEC's net profit in 2024 fell year-on-year, and Fangyuan Co., Ltd. terminated the battery-grade lithium carbonate production project
DATE:  Apr 17 2025

Science and Technology Innovation Board Daily

(1) Guobo Electronics' net profit in the first quarter decreased by 52.37% year-on-year;

(2) Dingtong Technology's net profit in the first quarter increased by 190.12% year-on-year;

(3) Borui Pharmaceutical's net profit in the first quarter decreased by 79.77% year-on-year.

"Science and Technology Innovation Board Daily" on April 17 - The main contents of today's Science and Technology Innovation Board Evening News include: Guobo Electronics' net profit in the first quarter fell by 52.37% year-on-year; Dingtong Technology's net profit in the first quarter increased by 190.12% year-on-year; Borui Pharmaceutical's net profit in the first quarter fell by 79.77% year-on-year.

[Hot Spotlight].

News-in-brief:

Li Qiang: In some critical time windows, we will promote policies and measures in all aspects to act early and quickly, grasp the strength of policies, and dare to break the routine when necessary

The State Council conducted the thirteenth special study with the theme of "Strengthening Expectation Management, Coordinating Policy Implementation and Expectation Guidance". Premier Li Qiang pointed out that to do a good job in expectation management, it is necessary to have a sense of stabilizing expectations in all aspects of policy formulation and implementation and government work, especially in combination with changes in the situation, to improve the pertinence and effectiveness of policies. It is necessary to identify the key points of policy, be good at grasping the problems that have the role of a weather vane, prescribe the right medicine, concentrate on implementing policies, and launch effective policy measures in a timely manner. It is necessary to pay attention to the timing of policies, and in some key time windows, promote all aspects of policy measures to be taken early and quickly, so as to have a positive impact on expectations. It is necessary to grasp the strength of the policy, dare to break the routine when necessary, and play a good "combination punch", so that the market can truly have a sense of gain. It is necessary to strengthen the publicity and interpretation of policies, do a good job in the active and accurate delivery of policies, strengthen interaction and exchanges with the market, so that the market can fully understand and make good use of policies, so that policies can truly benefit the masses and enterprises.

The Ministry of Public Security's Dao Research Center issued a long article on law popularization: Be wary of the trap of "high-level intelligent driving" and falsely advertise autonomous driving can face up to 2 years in prison

The official public account of the Road Traffic Safety Research Center of the Ministry of Public Security, "Traffic Speech Society", recently published an article "Smart Pilot, Safe Escort - The Use of Assisted Driving Functions of Intelligent Networked Vehicles Must Be Cautious", mentioning the recent traffic accidents caused by the driver's wrong use of assisted driving, and revealing the reasons - some drivers do not have a good understanding of assisted driving, and mistakenly think that "assisted driving = automatic driving". The article points out that some drivers engage in dangerous behaviors such as playing with mobile phones, sleeping, chatting, and eating after turning on the assisted driving function, which not only violates road traffic safety laws and regulations, but also poses a serious threat to the safety of other road users. According to Article 28 of the Advertising Law of the People's Republic of China, if an automobile company misleads consumers into purchasing by fabricating or exaggerating driver assistance functions (such as describing Level 2 assisted driving as "autonomous driving") through advertising or promotional materials, the market regulation authority may impose a fine of 5-10 times the advertising cost on the false advertising in accordance with the Advertising Law of the People's Republic of China, and revoke the business license in serious cases. If false propaganda causes serious consequences (such as causing a traffic accident resulting in death or injury), it may violate Article 222 of the Criminal Law of the People's Republic of China, and the responsible person may be sentenced to fixed-term imprisonment of not more than 2 years or short-term detention and/or a fine.

Shanghai: Strive to achieve a commercial aerospace industry of more than 100 billion yuan by 2027

Shanghai has formulated the "143" plan for the development of the aerospace industry. Overall goal: By 2027, the scale of Shanghai's commercial aerospace industry will reach more than 100 billion yuan, with an annual output of 100 commercial rockets and 1,000 commercial satellites, and an all-round construction of a reusable rocket innovation highland, a low-cost commercial satellite manufacturing highland, and an industrial application service highland.

State Administration for Market Regulation: Crack down on violations of laws and regulations in the field of live-streaming e-commerce Formulate and issue the "Measures for the Supervision and Administration of Live-streaming E-commerce".

The State Administration for Market Regulation convened a symposium on live-streaming e-commerce operators to promote the healthy development of the live-streaming e-commerce industry. The meeting pointed out that the Party Central Committee and the State Council attach great importance to promoting the healthy development of the platform economy, and live broadcast e-commerce is an important part of the platform economy. The meeting emphasized that in recent years, China's live broadcast e-commerce industry has developed rapidly, and is becoming an important force to promote consumption growth, promote entrepreneurship and employment, and stimulate the vitality of business entities, but there are also problems such as counterfeit and shoddy products are more prominent, and false marketing has been repeatedly banned. In the next step, the market supervision department will thoroughly implement the decisions and arrangements of the Party Central Committee and the State Council, strengthen active governance, increase supervision and law enforcement, severely crack down on violations of laws and regulations in the field of live broadcast e-commerce, maintain the order of fair competition, promote the improvement of online sales product quality, and continuously improve the sense of gain and satisfaction of consumers. Accelerate the establishment of a long-term regulatory mechanism, formulate and issue the Measures for the Supervision and Administration of Live Streaming E-commerce, clarify the main responsibilities of all parties, and promote the standardized and healthy development of the live broadcast industry.

Jensen Huang: NVIDIA is committed to serving the Chinese market AI will spark disruptive change in every industry

Ren Hongbin, president of the China Council for the Promotion of International Trade, held talks with Nvidia CEO Jensen Huang in Beijing, marking Huang's second visit to Beijing in three months. In response to the U.S. government's decision to export H20 chips to Nvidia to China, Huang said that the U.S. government's tightening of chip export controls has had a significant impact on Nvidia's business, as a company that has been deeply involved in the Chinese market for 30 years, Nvidia and the Chinese market have grown together and achieved each other, China is not only one of the world's largest consumer markets, but also an important driving force for their continuous innovation with its booming industrial ecology and leading software strength. NVIDIA will continue to spare no effort to optimize the product system that meets regulatory requirements and unswervingly serve the Chinese market. Huang also said that AI is profoundly changing the landscape of many industries, but this is just the beginning, and every industry, whether it's healthcare, financial services, climate tech, or manufacturing, will usher in AI-induced disruption.

Depth:

[Science and Technology Innovation Board Company].

China Micro Corporation: Net profit in 2024 will decrease by 9.53% year-on-year to 10 distributions of 3 yuan

China Micro Corporation (688012.SH) announced that its operating income in 2024 will be 9.065 billion yuan, a year-on-year increase of 44.73%. net profit attributable to shareholders of listed companies was 1.616 billion yuan, down 9.53% year-on-year. It is proposed to distribute a cash dividend of 3 yuan (tax included) to all shareholders for every 10 shares. The company has made great breakthroughs and progress in the research and development, market layout, new business investment and expansion of etching equipment, thin film equipment, MOCVD equipment and other equipment products, and its products have been continuously recognized by customers at home and abroad, providing strong support for the company's sustainable and healthy development.

Jingchen shares: net profit in the first quarter increased by 47.53% year-on-year

Jingchen Co., Ltd. (688099.SH) announced that in the first quarter of 2025, it will achieve revenue of 1.53 billion yuan, a year-on-year increase of 10.98%, and the revenue will hit a record high in the same period in history; The net profit attributable to the owners of the parent company was 188 million yuan, a year-on-year increase of 47.53%. The company's smart home chip sales increased by more than 50% year-on-year, with shipments exceeding 10 million units in a single quarter. In addition, the company expects further year-on-year growth in operating results for the second quarter of 2025 and maintains the judgment of further year-on-year growth in full-year operating results.

Fangyuan Co., Ltd.: terminated the production of battery-grade lithium carbonate and the comprehensive utilization project of waste lithium iron phosphate batteries

Fangyuan Co., Ltd. announced that due to changes in the market environment and the company's business development strategy, the company decided to terminate the "battery-grade lithium carbonate production and waste lithium iron phosphate battery comprehensive utilization project" with an investment of no more than 3 billion yuan. The project was originally planned to be constructed in two phases, the first phase included an annual output of 30,000 tons of battery-grade lithium carbonate and 46,000 tons of iron phosphate precursor project, and the second phase included an annual output of 40,000 tons of lithium iron phosphate cathode material project. The company has actually invested 97 million yuan in the project, and has returned the project land for storage. The company will handle the cancellation of Fangyuan Lithium and other follow-up matters. The decision aims to optimize resource allocation, reduce operational risks, and improve the company's operational efficiency, which will not adversely affect the company's business development.

Guobo Electronics: The net profit in the first quarter was 57.53 million yuan, a year-on-year decrease of 52.37%.

Guobo Electronics (688375.SH) announced that the company's operating income in the first quarter of 2025 will be 350 million yuan, a year-on-year decrease of 49.51%; The net profit attributable to shareholders of listed companies was 57.5314 million yuan, a year-on-year decrease of 52.37%. This was mainly due to the decrease in revenue from T/R components and RF modules during the reporting period.

Dingtong Technology: net profit in the first quarter increased by 190.12% year-on-year

Dingtong Technology (688668.SH) announced that Dingtong Technology released the first quarter report of 2025, with an operating income of 379 million yuan, a year-on-year increase of 95.25%; The net profit attributable to shareholders of listed companies was 52.8963 million yuan, a year-on-year increase of 190.12%. This was mainly due to the increase in revenue and profit due to increased business demand such as communication connectors.

Borui Pharmaceutical: Net profit in the first quarter decreased by 79.77% year-on-year

Borui Pharmaceutical (688166.SH) announced that the company's operating income in the first quarter of 2025 will be 249 million yuan, a year-on-year decrease of 26.81%; The net profit attributable to shareholders of listed companies was 12.9598 million yuan, a year-on-year decrease of 79.77%.

Telink Micro: Net profit in 2024 will increase by 95.71% year-on-year

Telink Micro (688591.SH) released its annual report, with an operating income of 844 million yuan in 2024, a year-on-year increase of 32.69%, and a net profit of 97.4103 million yuan, a year-on-year increase of 95.71%. It is proposed to distribute a cash dividend of 2.05 yuan (tax included) for every 10 shares.

Lingzhi Software: Net profit in 2024 will increase by 43.65% year-on-year, and it is planned to distribute 2 yuan for 10 distributions

Lexus Software (688588.SH) announced that its operating income in 2024 will be 1.114 billion yuan, a year-on-year increase of 59.99%. net profit attributable to shareholders of listed companies was 124 million yuan, a year-on-year increase of 43.65%. The company intends to distribute a cash dividend of RMB 2 (tax included) for every 10 shares.

[Venture capital vane].

Beijing Artificial Intelligence Industry Investment Fund invested an additional 200 million yuan in Zhipu

The reporter was informed that the Beijing Artificial Intelligence Industry Investment Fund invested an additional 200 million yuan in Beijing Zhipu Huazhang Technology Co., Ltd. Beijing Artificial Intelligence Industry Investment Fund said that Zhipu is the first AI large-scale model enterprise invested in since the establishment of the fund, and it is also the fastest growing enterprise at present. Zhipu has a deep accumulation of comprehensive model capabilities including text, inference, speech, images, videos, codes, etc. In addition, Zhipu has a complete commercial layout, with more than one million developer communities and enterprise users. It is hoped that through this investment, we will further promote the capacity building of Zhipu in open source model and algorithm innovation.

Fengfei Airlines received 1 billion yuan of eVTOL financial leasing support

Fengfei Aviation Technology Co., Ltd. and SPDB Financial Leasing Co., Ltd. officially signed a strategic cooperation agreement. According to the agreement, SPDB Financial Leasing will provide Fengfei Airlines with a full range of financial leasing services for orders of 100 eVTOL electric vertical take-off and landing aircraft, with a total amount of more than RMB1 billion. It is reported that SPDB Financial Leasing is the only financial leasing company in China with a background in civil aviation manufacturing and service industry.

Chengtian Technology invested 150 million yuan to build an intelligent exoskeleton robot industrialization base

Recently, Hangzhou Chengtian Science and Technology Development Co., Ltd. officially signed a contract to settle in Wuxi (Huishan) Humanoid Robot Industrial Park, investing 150 million yuan to build the first intelligent exoskeleton robot industrialization base in China that integrates R&D, production and testing. At present, Chengtian Technology has completed nearly 100 million yuan in Series B financing, this round of financing is led by Xihui Guochuang Fund invested by Huishan State Holding Group, and the funds will focus on the iteration of embodied intelligent exoskeleton technology, the R&D and registration of new brain-computer products, the expansion of production bases and global market expansion, etc., to accelerate the application of embodied intelligent exoskeleton wearable robots in the rehabilitation and consumer markets. Collection

Read 2517

I want to comment

image

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

Follow Yicai Global on

star50stocks

Ticker Name

Percentage Change

Inclusion Date