Group 1 - The A-share market is experiencing fluctuations, with a notable rise in semiconductor equipment and materials, as well as strong performance in AI infrastructure sectors such as computing power, storage, and PCB [1] - The largest AI ETF in the Shanghai market, AI ETF (515070), saw its holdings, including Guangxun Technology, rise over 3%, while other stocks like Zhongji Xuchuang, Lankai Technology, and Xiechuang Data also increased [1] - Huolong Securities believes that the market is in a "slow bull" phase, with potential for upward breakthroughs due to ongoing supportive fiscal and monetary policies, as well as improving economic fundamentals [1] Group 2 - The AI ETF (515070) tracks the CS Artificial Intelligence Theme Index (930713), focusing on companies that provide technology, basic resources, and applications in the AI sector, representing the midstream and upstream of the AI industry chain [1] - The top ten weighted stocks in the AI ETF include leading domestic technology firms such as Zhongji Xuchuang, Xinyi Sheng, and Hanwha Technology, among others [1] - Related products include the AI ETF (515070), Huaxia CSI Artificial Intelligence Theme ETF Link A (008585), and Huaxia CSI Artificial Intelligence Theme ETF Link C (008586) [1]

Group 1: Technology Developments - Amazon launched a new AI chatbot website, Alexa.com, available to all Alexa+ early experience users, allowing online use similar to other AI chatbots like ChatGPT and Google's Gemini [2] - ZhiYuan introduced the SOP (Scalable Online Post-training) system aimed at achieving scalable deployment and intelligent operation of general-purpose robots in real-world environments [4] - iFlytek reported that its Starfire model training efficiency has been optimized to 85%-95% compared to NVIDIA's A100, following significant investments in domestic computing power solutions [5] Group 2: Corporate Actions and Partnerships - RoboTech's subsidiary ficonTEC signed a significant contract worth approximately €770,000 (about 63.08 million RMB) with a Swiss client for an automated optical switch packaging line, which will positively impact the company's operations [6] - Blue Glass Technology confirmed its strategic investment in Strong Brain Technology, exclusively undertaking the mass production of core hardware modules [8] - Aihua Long signed a strategic cooperation framework agreement with Shenzhen Brain Machine Star Chain Technology, focusing on market expansion and sales of brain-machine interface products [10] Group 3: Product Launches and Innovations - Hisense unveiled its new RGB Mini LED display technology at CES 2026, featuring a four-color chip architecture to enhance color performance [9] - AMD introduced the MI455X GPU and a 72-card server named "Helios," anticipating a significant increase in active AI users from 1 billion to 5 billion by 2030 [12] - Intel launched its third-generation Core Ultra series processors, marking a new era for AI PCs with edge AI computing power reaching 180 TOPS [13][14] Group 4: Financing and Market Movements - MiniMax's IPO was oversubscribed by over 1,200 times, raising more than 253.3 billion HKD, indicating strong market interest [17] - Strong Brain Technology completed approximately 2 billion RMB in financing, becoming the second-largest financing in the brain-machine interface sector after Neuralink [18] - ZhiZhan Technology successfully raised nearly 300 million RMB in its C round of financing, focusing on silicon carbide power modules and advanced electric drive systems [18] Group 5: Mergers and Acquisitions - Guanshang Technology announced plans to acquire 100% of Liao Jing Electronics, a key player in the defense technology sector, aiming for complementary and synergistic effects [19]

Important Matters - Chengjian Development has achieved a three-day stock increase and holds 18.91 million shares of Century Space, making it the fourth largest shareholder [1] - Lens Technology is a strategic investor in Strong Brain Technology and has exclusively undertaken the mass production of core hardware [1] - Shiyun Circuit is collaborating with brain-machine clients to advance the development of new material numbers [1] - Xinyada has indirectly held shares in Zhongke Aerospace through Xi'an Qingchuan [1] - Chipone Technology has completed the acquisition of Zhudian Semiconductor [1] - Suoling Co., Ltd. has seen a three-day stock increase, with its controlling shareholder's concerted action partner, Tanghe Holdings, successfully bidding for 37.5 million shares of the company [1] - iFlytek's robot super brain platform has achieved multiple technological breakthroughs in multi-modal noise reduction and has formed extensive collaborations with Yushu and Zhiyuan [1] Investment Operations - ZTE Corporation has conducted NTN technology trials and achieved breakthroughs, providing comprehensive satellite payload products [1] - Chaojie Co., Ltd. expects rapid growth in revenue from commercial aerospace-related businesses by 2026 [1] - Xinyi Chang plans to launch its second-generation wheeled robot before the 2026 Spring Festival, with three robot products expected to enter mass production in the second half of 2026 [1] - Zhejiang Xiantong is collaborating with Haohai Starry Sky and Qiteng Robotics, with robots expected to roll off the production line by the end of March [1] - Fengzhushou is placing significant emphasis on opportunities in commercial aerospace and aviation internet development, clearly positioning it as a fourth growth curve [1] - Chaoying Electronics has adjusted the investment amount for its AI computing high-end printed circuit board expansion project from 1.468 billion to 3.315 billion yuan [1] Contracts and Collaborations - Guoji Jinggong is focusing on new business areas, particularly in commercial aerospace bearings and humanoid robot bearings [1] - iFlytek's robot super brain platform has achieved multiple technological breakthroughs and has formed extensive collaborations with Yushu and Zhiyuan [1] - Desay SV Automotive has established strategic partnerships with several well-known robotics companies [1] - Tuobang Co., Ltd. has deepened cooperation with UBTECH in related business areas [1] - Fushite has signed a strategic cooperation agreement with Jiangxi Copper [1] - Robotech's subsidiary ficonTEC has signed a full automatic OCS packaging line order with a Swiss client [1] - Times New Materials has signed a sales contract for wind turbine blades worth approximately 3.32 billion yuan [1]

Group 1 - The Ministry of Commerce announced that the "old-for-new" policy will drive consumer goods sales to reach 3.92 trillion yuan, benefiting 494 million consumers [3] - The policy will include support for the update of commercial facilities and energy-saving equipment, encouraging local governments to provide policy support for sorting center construction [3] - The "14th Five-Year Plan" aims to promote the construction of approximately 200 "waste-free cities" and increase the supply of high-quality green agricultural products [3] Group 2 - The People's Bank of China emphasized the importance of promoting high-quality economic development and reasonable price recovery in its monetary policy considerations [3] - The central bank plans to maintain ample liquidity and relatively loose social financing conditions to align monetary supply growth with economic growth and price level expectations [3] Group 3 - China Satcom issued a risk warning regarding its stock, which has increased by 108.64% since December 3, 2025, significantly outpacing the industry and market indices [5] - The company’s current price-to-earnings ratio stands at 704.09, far exceeding the industry average, indicating a potential risk of a significant price drop [5] Group 4 - Chipsource announced an investment in TianSui Chip Technology, acquiring control of ZhiDian Semiconductor, with a capital increase of 940 million yuan [6] - The company will hold a 40% stake in TianSui Chip Technology, becoming its largest shareholder [6] Group 5 - Aerospace Electronics reported a stock price increase of 123.23% since November 27, 2025, indicating a potential market overheating situation [7] - The stock's trading volume has been significant, raising concerns about the sustainability of its current price level [7] Group 6 - Keda Xunfei is collaborating with over 500 intelligent robot manufacturers, providing AI services based on its multi-modal perception and large model capabilities [7] - The company is positioned as a key player in the robotics industry, partnering with leading firms [7] Group 7 - Zhongtai Co. expects a net profit of 420 million to 480 million yuan for 2025, indicating a turnaround from losses [9] - Lier Chemical anticipates a net profit of 460 million to 500 million yuan, representing a year-on-year growth of 113.62% to 132.19% [9]

Core Viewpoint - The company Keda Xunfei (002230) is enhancing its AI services through the Xunfei Robot Super Brain platform, which is based on the Xunfei Super Brain 2030 technology, aimed at providing multi-modal perception and interaction capabilities to robot manufacturers [1] Group 1: Technology and Services - The Xunfei Robot Super Brain platform offers AI services that enable robots to listen, speak, understand, and act, facilitating rapid integration for manufacturers [1] - The platform will undergo a significant upgrade on October 28, 2025, focusing on addressing real-world interaction challenges and industry development needs [1] - Key technological breakthroughs include multi-person multi-modal noise reduction, high emotional intelligence dialogue experience, precise response to continuous commands, and a comprehensive solution for embodied intelligence [1] Group 2: Industry Collaboration - The company has established partnerships with over 500 intelligent robot manufacturers, including leading firms such as Yushu, Zhiyuan, Yinhe General, and Songyan Power [1] - The collaboration spans various types of robots, including humanoid robots, quadruped robots, and public service robots [1]

Core Viewpoint - The company has made significant investments in optimizing the training and inference cost efficiency of its large models under limited computing resources, achieving substantial improvements in performance metrics compared to industry standards [1] Group 1: Technological Advancements - Since May 2023, the company has collaborated with Huawei to overcome various technical challenges, including high-speed interconnection, hidden computation communication, and optimization of training and inference efficiency [1] - The training efficiency of general large models and deep inference models has improved from an initial 30%-50% to over 85%-95% when benchmarked against NVIDIA's A100 [1] Group 2: Breakthroughs in Domestic Computing Power - In 2025, the company achieved significant breakthroughs in two areas: enhancing the training efficiency of long-thought chain reinforcement learning from 30% to over 84% against the A800 benchmark, and improving the full-link training efficiency of MoE models from 30% to 93% [1] - These advancements represent a major leap from 0 to 1 in the domestic computing power sector, indicating a strong potential for further cost reductions in training [1]

Core Viewpoint - The company is enhancing its AI services through the upgraded iFlytek Robot Super Brain platform, which focuses on multi-modal perception and interaction capabilities, aiming to assist robot manufacturers in rapid integration and development [1] Group 1: Technology and Features - The iFlytek Robot Super Brain platform is built on the iFlytek Super Brain 2030 technology foundation, providing core AI services to robot manufacturers [1] - The platform's upgrade, scheduled for October 28, 2025, addresses real-world interaction challenges and industry development needs, featuring breakthroughs in multi-person multi-modal noise reduction technology, high emotional intelligence dialogue experience, precise response to continuous commands, and a comprehensive solution for embodied intelligence [1] - The platform allows for low-threshold access through an integrated hardware and software approach, facilitating quick adoption by manufacturers [1] Group 2: Industry Collaboration - The company has established partnerships with over 500 intelligent robot manufacturers, including leading firms such as Yushu, Zhiyuan, Galaxy General, and Songyan Power [1] - The collaboration spans various types of robots, including humanoid robots, quadruped robots, and public service robots, indicating a broad industry reach [1]

（编辑 丛可心） 证券日报网讯 1月6日，科大讯飞在互动平台回答投资者提问时表示，在人工智能产业爆发的关键窗口 期和重大机遇期，科大讯飞会保持对科技创新的定力和在关键战略方向上的投入，通过保持单点核心技 术的持续创新和领先，不断拓展科技树的广度和深度进行系统性创新，深入教育、医疗、城市等国家重 大民生需求，汽车、金融、消费品等国民经济重要场景，持续落地规模化应用推广人工智能产品和方 案，提高可持续发展和长期盈利能力。具体业绩情况敬请关注公司定期报告。 ...

证券日报网讯1月6日，科大讯飞（002230）在互动平台回答投资者提问时表示，2025年12月16日，科大 讯飞与中国进出口银行签署战略合作协议，未来双方将在技术攻关、海外布局、新型政策性金融工具运 用等方面进一步深化合作，实现互利共赢，共同助力推进落实《全球发展倡议数字普惠行动倡议》和 《人工智能全球治理行动计划》；12月19日，科大讯飞与中国银联签署创新业务合作协议，未来双方将 围绕"人工智能+金融支付"，重点推进国家人工智能应用中试基地共建、金融支付垂域大模型研发、场 景示范应用开发等联合创新，为支付产业发展注入新动力。 ...

证券日报网讯1月6日，科大讯飞（002230）在互动平台回答投资者提问时表示，科大讯飞多年来一以贯 之的脚踏实地推进人工智能技术与产业进步，未来会继续保持"1+N"的战略投入定力即"1个底座大模型 +N个行业大模型"的整体布局，底座大模型持续对标国内外最高水平，同时围绕赋能教育、医疗等关键 领域构建N个重点行业大模型，积极追求用最先进和安全的人工智能赋能国计民生和国家战略领域。 ...