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The main content of today's Science and Technology Innovation Board Morning Post includes: Shanghai: Land use indicators are tilted towards major science and technology innovation industry projects; Huawei releases Xuanji Perception System; OpenAI is reportedly in talks to raise funds at a valuation of over $100 billion for Microsoft to continue its investment.
Xiao K, the anchor of the Science and Technology Innovation Board Daily, will report for you.
Market Trends
Ministry of Industry and Information Technology: Developing and strengthening basic software and industrial software to fully promote high-quality development of the software industry
Minister of Industry and Information Technology Jin Zhuanglong presided over the sixth roundtable meeting for small and medium-sized enterprises, focusing on supporting the development of specialized, refined, unique and new small and medium-sized enterprises, expanding and strengthening the software industry, and listening to introductions and suggestions from enterprises. Jin Zhuanglong stated that the Ministry of Industry and Information Technology will improve the policy system, strengthen public services, establish application scenarios, optimize the industrial ecosystem, develop and strengthen basic software and industrial software, promote the construction of open source systems, and fully promote the high-quality development of the software industry. Adhere to the "two unwavering" principle, emphasize both service and management, and develop and assist simultaneously, accelerate the construction of a mechanism to promote the development and growth of specialized, refined, unique, and new small and medium-sized enterprises, strengthen regular communication with enterprises, help enterprises solve practical difficulties, and continuously enhance core competitiveness.
Shanghai: Land use indicators tilt towards major science and technology innovation industry projects
The Shanghai Municipal Bureau of Planning and Natural Resources has issued the "Several Opinions on Strengthening the Innovation and Integration of Planning and Resource Policies and Accelerating the Construction of Major Science and Technology Innovation Industry Projects". Strengthen the guarantee of land use indicators for science and technology innovation industry projects. Effectively promote the reduction of construction land, make good use of the quota for increasing land use, and fully guarantee the land demand for science and technology innovation projects in the city and district. At the beginning of the year, the city will issue an annual construction land plan, with priority given to major science and technology innovation industry projects in each district, achieving "indicators and other projects" and effectively improving the efficiency of factor supply. The land use indicators are tilted towards major science and technology innovation industry projects. For those that urgently need to be implemented, quick response to project needs can be made through methods such as turnover and temporary borrowing to ensure timely processing of project land use procedures.
China Academy of Information and Communications Technology: In July, domestic brand mobile phone shipments increased by 34.4% year-on-year, accounting for 90.2% of the same period's mobile phone shipments
According to data released by the China Academy of Information and Communications Technology, in July 2024, the shipment of domestic brand mobile phones was 21.827 million units, a year-on-year increase of 34.4%, accounting for 90.2% of the total mobile phone shipments during the same period; 28 new phone models were launched, a year-on-year decrease of 6.7%, accounting for 96.6% of the total number of new phone models launched during the same period. From January to July 2024, the shipment of domestic brand mobile phones reached 145 million units, a year-on-year increase of 19.9%, accounting for 84.8% of the total mobile phone shipments during the same period; 220 new phone models were launched, a year-on-year increase of 0.5%, accounting for 94.0% of the total number of new phone models launched during the same period.
Huawei releases Xuanji Perception System
Huawei's "Xuanji Perception System" has been officially released, which can judge users' emotional status based on their heart rate. The new smart wearable product equipped with this system will be released in September.
Nvidia's Q3 revenue guidance is lower than the highest expected, and Blackwell chips will be mass-produced and shipped in Q4
Nvidia's Q2 revenue was $30 billion, with analysts expecting $28.86 billion; The data center revenue for the second fiscal quarter was $26.3 billion, with analysts expecting $25.08 billion; Expected revenue for the third fiscal quarter is 32.5 billion US dollars, with a fluctuation of 2%; Analysts expect $31.9 billion; Game revenue for the second fiscal quarter was $2.9 billion, with analysts expecting $2.79 billion; The adjusted gross profit margin for the second quarter is 75.7%, and analysts expect 75.5%; Adjusted earnings per share for the second quarter were $0.68, with analysts expecting $0.64; Maintain a quarterly dividend of 1 cent per share unchanged; Approve an additional $50 billion stock repurchase plan. Although Nvidia's Q2 revenue and profit exceeded Wall Street's expectations, and its Q3 revenue outlook was higher than analysts' average expectations, it was lower than the most optimistic expectations, which led to a sharp drop of 8% in its stock price after hours.
Nvidia stated that Blackwell samples were shipped to partners and customers; The Blackwell mass production plan will begin in the fourth quarter; It is expected that Blackwell's revenue in the fourth quarter will reach billions of dollars; The market's expectations for Blackwell are incredible.
OpenAI reportedly in talks to raise funds at a valuation of over $100 billion, with Microsoft continuing to follow suit
According to sources cited by the media, OpenAI is in talks for a new round of financing, valuing the company at over $100 billion. Microsoft is also expected to invest funds. OpenAI's CFO released a memo stating that the new round of financing negotiations is still in its early stages; We are currently raising funds, which will be used for computing and operating our business.
Company Overview
Guandian Defense: Cheng Yu takes over as General Manager
Guandian Defense announced that the company's board of directors recently received a resignation report from Li Zhenbing. Due to personal reasons, Li Zhenbing has applied to resign from his positions as a director, member of the board's compensation and assessment committee, board secretary, and general manager. The company agrees to appoint Cheng Yu as the general manager of the company and designates director Jia Yunhan to act as the secretary of the board of directors on behalf of the new secretary before taking office.
YAHONG Pharmaceutical plans to launch 8.3201 million restricted stock incentive plans
YAHONG Pharmaceutical has announced its 2024 Restricted Stock Incentive Plan, which intends to grant 8.3201 million shares of restricted stock to the incentive recipients, accounting for approximately 1.46% of the company's total share capital at the time of the announcement of this plan draft. This grant is a one-time grant with no reserved parts.
Jingfeng Mingyuan: Net loss of 30.5076 million yuan in the first half of 2024
Jingfeng Mingyuan released its 2024 semi annual report, during which the company achieved a revenue of 735 million yuan, a year-on-year increase of 19.40%; Net loss of 30.5076 million yuan.
Canxin Corporation: Net profit for the first half of 2024 decreased by 25.97% year-on-year
Canxin Corporation released its 2024 semi annual report, achieving a revenue of 594 million yuan in the first half of the year, a year-on-year decrease of 10.94%; The net profit was 80.4334 million yuan, a year-on-year decrease of 25.97%.
Xiangsheng Medical: Net profit for the first half of 2024 decreased by 27.35% year-on-year
Xiangsheng Medical released its 2024 semi annual report, during which the company achieved a revenue of 248 million yuan, a year-on-year decrease of 16.47%; The net profit attributable to shareholders of the listed company was 81.3436 million yuan, a year-on-year decrease of 27.35%.
[Technological Frontier]
Successful development of unconventional interface superconductors
A multi institutional team led by the University of California, Riverside has developed a new type of unconventional interface superconducting material. This material can be used for quantum computing and has become a candidate material for "topological superconductors". The research results were published in the latest issue of the journal Science Progress.
Event Horizon Telescope achieves the highest resolution observation of the Earth's surface
The Event Horizon Telescope (EHT) collaborative organization conducted experimental observations using the Atacama Large Millimeter/submillimeter Array and other facilities, achieving the highest resolution of celestial observations obtained from the Earth's surface. They achieved this feat by detecting light from distant galaxies with a frequency of approximately 345 GHz (equivalent to 0.87 millimeter wavelength). By breaking through the limit of resolution, future black hole imaging will present unprecedented clarity, and ground-based astrophysical research capabilities will also have higher standards. These new discoveries were published on the 27th in the Astronomical Journal.
There may be topological excitons inside the Chen insulator
A condensed matter physicist from the University of Oklahoma in the United States has published a paper stating that there may be a new type of exciton - topological exciton - inside Chen's insulator, which is expected to give rise to new quantum devices. The relevant paper was published in the latest issue of the Proceedings of the National Academy of Sciences in the United States.
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