Naxinwei: Multiple cockpit field chips are planned for mass production and release next year, with acquisitions targeting the autos electronics and broader energy sectors | Directly covering the earnings conference.
Naxin Micro announced that it will focus on cabin area layout next year, expecting to mass produce and release multiple cabin area chips. Naxin Micro director and board secretary Jiang Chaoshang stated that the company's future investment and mergers will continue to focus on the main businesses of auto electronics and general energy tracks.
"No hope for any restart"? sai microelectronics inc. Super 5 billion semiconductor project suspended, major funds and actual controllers successively reduce shareholding within the year.
1. Sai Microelectronics Inc. has halted the progress of the 12-inch MEMS manufacturing line project in Hefei High-tech Zone with a total investment of 5.44 billion; 2. Starting in November this year, the first and second largest shareholders of Sai Microelectronics have successively announced their shareholding reduction plans.
Jiangsu has included mobile phones in the old-for-new exchange policy, which is expected to stimulate demand in consumer electronics.
① According to media reports, recently, the Jiangsu consumer subsidy was further expanded, adding 7 types of 3C products and 20 types of household appliances, which can subsidize 15% of the transaction price of the product. After the policy was released, citizens lined up for two hours to buy phones. ② According to the Tianfeng Securities Research Report, policies continue to stimulate, and the trade-in of consumer electronics products is expected to drive the release of consumer electronics demand.
Zhejiang Jinggong Integration Technology signed a contract worth over 100 million USD with GIM company in Saudi Arabia for carbon fiber equipment export to seek new opportunities.| Brief announcement
1. zhejiang jinggong integration technology signed a contract with a Saudi company for a total purchase amount of 0.5 billion US dollars; 2. Market sources indicate that the production line referred to in this contract is most likely a carbon fiber equipment production line; 3. With the domestic oversupply of carbon fiber and capital expenditure contraction, zhejiang jinggong integration technology is seeking development opportunities overseas.
[Data Analysis] Siasun Robot&Automation ETF trading volume continues to surge, as speculative capital and algo work together to grab shares of Gosuncn Technology Group.
① The siasun robot&automation ETF (562500) trading volume increased by 49% compared to last Friday, and the ETF's trading volume has significantly increased for two consecutive trading days. ② asia vets concept stock gosuncn technology group received buy orders totaling nearly 0.3 billion from four top-tier institutional investors and buy orders exceeding 70 million from one algo trading seat.
Autel intelligent technology corp.,ltd.: The overseas market is the main force for the digital energy business, and the siasun robot&automation business may land very soon | Directly covering the earnings conference.
In the second to third quarter of 2024, the company's digital energy business has made significant progress in the usa market's self-operated e-commerce and major client expansion, with a relatively stable gross margin. The subsidiary focuses on smart inspection, smart security, and other application scenarios, using generative AI 'brain' (Digital AI) as the core, with drones, anti-counteraction systems, and various ground siasun robot&automation (Physical AI) as executors.