“Science and Technology Innovation Board Daily”, May 13 — The main contents of today's Science and Technology Innovation Board Evening News include: China and the US will hold the first meeting of intergovernmental dialogue on artificial intelligence; Zhimingda will stop issuing convertible bonds to unspecified targets and withdraw application documents; and Xinzhi Software plans to raise no more than 300 million yuan in additional capital.

[Focus on hot topics]

China and the US will hold the first meeting of the intergovernmental dialogue on artificial intelligence

In order to implement the agreement of the first San Francisco meeting between China and the US, as agreed by the two sides, China and the US will hold the first meeting of the Sino-US Artificial Intelligence Intergovernmental Dialogue on May 14, local time, in Geneva, Switzerland to exchange views on AI technology risks, global governance, and other issues of their respective concerns.

Beijing will vigorously promote new energy vehicle charging with new energy

We learned from the launch ceremony of the 2024 Beijing Energy Conservation Awareness Week held on the 13th that Beijing will vigorously promote “new energy vehicle charging with new energy”, innovate and explore transaction mechanisms to promote the consumption of green electricity by electric vehicles, stimulate the potential of both supply and demand, guide and encourage electric vehicle charging loads to buy and use green electricity, and achieve green travel for electric vehicles.

Qingdao: Strive to produce 400,000 new energy vehicles in the city by 2025

The Qingdao Municipal People's Government issued the “Qingdao Municipal Implementation Plan to Promote Large-scale Equipment Renewal and Consumer Goods Trade-In”. Among them, it is mentioned to increase the production of high-quality products. Give full play to the advantages of the smart home appliance industry, promote the strengthening and repair of the smart home appliance industry chain, enhance the production capacity of the home appliance industry, support home appliance companies to expand the scale of production of complete machine products, and enrich the categories of household appliances. Promote the multiplication and development of passenger cars, increase the recruitment and cultivation of core component companies, plan and build professional parks for the automotive electronics industry, and create new competitive advantages for commercial passenger cars. By 2025, we aim to produce 400,000 new energy vehicles in the city.

Depth:

Tencent Music earned 1.8 billion yuan in Q1 this year and will pay more than 1.5 billion yuan in total dividends for the first time

Focusing on artificial intelligence and metaverse, Shanghai Caohejing Development Zone launches a new fund

Sine Electric: This year's gross margin is expected to remain flat year on year. Future overseas layout in Southeast Asia, the Middle East, etc. | Direct performance

[Science and Technology Innovation Board Announcement]

Huaqiang Technology: Banned from participating in military material engineering service procurement activities within 3 years

Huaqiang Technology announced that the military procurement network issued an announcement on May 10. According to the relevant military supplier management regulations, the Procurement Planning Department of the Joint Security Force decided to ban the company from participating in military material engineering service procurement activities for 3 years from April 17, 2024. During the ban period, other enterprises controlled or managed by the legal representative Wang Dongmin were prohibited from participating in military procurement activities within the above scope, and Tan Qiang, the bidding representative, was prohibited from participating in military procurement activities within the above scope on behalf of other suppliers. After investigation, the company participated in the procurement activities of a co-extruded infusion film procurement project in Luoyang, and there were irregularities such as “Miss Zhang” being the author of the electronic tender documents of two suppliers, Hubei Huaqiang and Hebei Taihua. The company's sales of military materials engineering services in the last 3 years have mainly been medical protective masks and other epidemic prevention materials. Among them, sales revenue from military materials engineering services did not account for more than 0.25% of the main business revenue in 2023, so it is currently expected that this illegal handling decision will have little impact on the company's production and operation. The company's products can still be supplied to the military, military industrial groups, channels and industry customers.

Zhimingda: Terminating the issuance of convertible bonds to unspecified targets and withdrawing application documents

Zhimingda announced that the company terminated the issuance of convertible corporate bonds to unspecified targets and withdrew the application documents.

Southern Grid Technology: Plans to acquire 100% of Guangzhou Huineng's shares

Southern Grid Technology announced that the company plans to acquire 100% of its shares in Guangzhou Huineng Industrial Investment Co., Ltd. from Guangdong Power Grid Co., Ltd. in cash. After the transaction is completed, the company will hold 100% of Guangzhou Huineng's shares, and Guangzhou Huineng will become a wholly-owned subsidiary of the company.

New Software: Proposed capital increase of no more than 300 million yuan

Xinzhi Software announced that it intends to use a simple procedure to issue shares to specific targets to raise no more than 300 million yuan for projects related to the company's main business and supplementary working capital.

Nuocheng Jianhua: Net loss of 142 million yuan in the first quarter

Nuochengjianhua released its first quarter report. The first quarter of 2024 achieved operating income of 166 million yuan, a year-on-year decrease of 12.44%; net profit loss of 142 million yuan. The main reasons for the decline in net profit are as follows: exchange rate changes caused unrealized exchange earnings to current year's losses; R&D investment continued to increase; R&D service revenue decreased compared to the same period of the previous year; and fair value losses on convertible loans increased compared to the same period of the previous year.

Haiguang Information: The transfer price in this inquiry is 63.03 yuan/share

Haiguang Information announced that after requesting quotations from institutional investors, the initial transfer price determined by Haiguang Information shareholders was 63.03 yuan/share, which is 87.5% of the closing price of Haiguang Information shares on the current inquiry and transfer pricing date (that is, May 13, 2024). A total of 25 institutional investors participated in this inquiry and transfer quotation, covering professional institutional investors such as fund management companies, qualified overseas investors, insurance companies, securities companies, and private equity fund managers. The total number of valid shares subscribed by institutional investors participating in this inquiry and transfer quotation is 30.2 million shares. The shares to be transferred in this inquiry have been fully subscribed. It has been initially determined that there are 20 transferees, and the total number of shares to be transferred is 27,892,057 shares.

[Venture capital weather vane]

Chainuo Energy completes Pre-A round of financing

Chainuo Energy completed the Pre-A round of financing. The scale of financing was not disclosed. The investors in this round were Huajin Capital, China Merchants Sailing, and Yonghua Investment. Chailuo Energy is a new energy product technology research and development, module production and multi-scenario photovoltaic energy application developer. It focuses on the preparation of large-scale perovskite modules, and has the advantages of high efficiency, high stability and low cost.

Shenzhen Medical completed a B+ round of financing of about 10 million US dollars

Deep Medical completed a B+ round of financing of approximately 10 million US dollars. The investors in this round were BlueRun Ventures, Fusion Fund, Wenzhou Investment, and ENVISIONX Capital. Shentou Medical is an AI medical imaging company. This round of financing will be used to further expand the market and upgrade the team.

Shenzhen Zhi Tou Medical completed a B+ round of financing of nearly 10 million US dollars

AI medical imaging company Subtle Medical Inc. (Subtle Medical Inc.) announced the completion of a B+ round of financing of nearly 10 million US dollars, with a cumulative financing amount of more than 50 million US dollars. Investors include former investors such as Silicon Valley investment institution Fusion Fund, and also introduced new dollar fund ENVISIONX Capital (ENVISIONX Capital), Bluerun Ventures, the Silicon Valley headquarters fund Bluerun Ventures, Shanghai Wenzhou Investment, and other strategic partners in the Asia-Pacific region.