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Loongson Technology's Shareholders to Divest Stake
20CM's limit up was quickly followed by a rapid reduction in shareholding. Longsys Microelectronics (688047.SH): Some shareholders plan to collectively reduce their shareholding by no more than 1.5%.
Loongson Technology Corporation Limited (688047.SH) issued an announcement, Lingzhi Dingfu Entrepreneurship Investment Management Co., Ltd. - Ningbo Zhongke Baifu...
Loongson Technology (688047.SH): The company plans to launch an independent programming framework in the future to develop independent applications.
Loongson Technology (688047.SH) stated on its interactive platform on September 19th that its information chip business was mainly driven by the sales growth of its new product, the quad-core desktop CPU 3A6000. The company follows the policy of "stable employment and increasing efficiency" to improve the efficiency of research and development investment. The company has always attached importance to software ecosystem construction and has built a Linux-based software system that is on par with X86 and ARM architectures and is in a normal maintenance stage. Currently, the focus of the ecosystem work is wide compatibility, which means running X86/Linux applications and X86/Windows applications on the LoongArch platform through binary translation. Additionally, the company continues to enhance its computing power and AI software.
Loongson Technology (688047.SH): The latest server product 3C6000 series has completed basic function testing and preliminary performance testing.
Loongson Technology (688047.SH) stated on the interactive platform on September 19 that its latest server product, the 3C6000 series, has completed basic functionality testing and preliminary performance testing, meeting the designed expectations. It is expected to be released next year. The development of the 3B6600 is currently in the microstructural optimization stage and progressing smoothly.
Loongson: The first independent graphics card chip will complete code freeze at the end of the year, and will accelerate its development through mergers and acquisitions, etc. | Earnings conference
① The director of the company revealed that it is expected to enter a new round of growth in the second half of 2024 and enter a new round of expansion in 2025. ② The display performance of 9A1000 is overall on par with the RX550 graphics card, with an additional 32TOPS AI computing power. The company strives to complete the physical design by the end of the year. ③ It is expected that within 2 to 3 years, more than 10 companies will launch SoC chip products based on the Dragon architecture.
Full text of Longxin Zhongke\'s 2024 semi-annual report
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