The main content of today's Science and Technology Innovation Board Morning Report on June 19th includes: the establishment of the Yangtze Delta humanoid robot alliance; Taiwan Semiconductor may launch a new round of price increase negotiations for advanced processes such as 5/3/2nm; Apple shelved the development of the second-generation Vision Pro and focuses on 'cheaper headsets'. Product structure, 10-30 billion yuan products operating income of 401/1288/60 million yuan respectively.

This is Little K, your anchor for the Science and Technology Innovation Board Daily.

Market Dynamics

Industrial and Informationization Department supports the high-quality development of intelligent connected vehicles.

The 2024 China (Yizhuang) Intelligent Connected Vehicle Technology Week and the 11th International Intelligent Connected Vehicle Technology Conference opened in Beijing. Miao Changxing, inspector of the Equipment Industry Department of the Ministry of Industry and Information Technology, said that intelligent connected vehicles are a key carrier for the application of technologies such as artificial intelligence, information communication, cloud computing, and big data in the automotive field, and also the strategic direction for the transformation and upgrading of the global automotive industry. Next, the Ministry of Industry and Information Technology will strengthen top-level planning and work coordination, and adopt more powerful measures to promote high-quality development of intelligent connected vehicles.

The Yangtze Delta humanoid robot alliance was established.

At the Frontiers of Artificial Intelligence and Humanoid Robots Forum of the University of Science and Technology of China held on June 18th, the School of Artificial Intelligence and Data Science, and the Institute of Humanoid Robots of the University of Science and Technology of China were unveiled successively. Ding Han, an academician of the Chinese Academy of Sciences, was appointed as the chairman of the scientific and technological committee of the Institute of Humanoid Robots, and announced the establishment of the Yangtze Delta humanoid robot alliance.

It is reported that Taiwan Semiconductor may initiate a new round of price increase negotiations, mainly targeting advanced processes such as 5/3/2 nm. It is expected that the decision to raise prices will take effect as early as 2025.

It is reported that Taiwan Semiconductor or will start a new round of price increase negotiations in the second half of the year, mainly aimed at 5nm, 3nm, and future 2nm processes. The decision to raise prices is expected to take effect as early as 2025.

Nvidia becomes the most valuable stock in the world.

Most of the large technology stocks in the US stock market fell, with Tesla, Google, Meta, Intel falling more than 1%, and Microsoft and Amazon falling slightly; Netflix rose more than 1%; Nvidia rose more than 3%, hitting a new record high, with a total market value of 3.34 trillion U.S. dollars, surpassing Apple and Microsoft, becoming the most valuable stock in the world.

Apple shelves the development of the second-generation Vision Pro and focuses on 'cheaper headsets'.

Due to the sales slowdown of Vision Pro after its launch this year, Apple has suspended the development of the next generation of top-end headsets. It is reported that Apple has been reducing the priority of developing Vision Pro 2 for the past year. Apple is currently focused on launching a more affordable headset product for broader markets. The next Vision device is expected to be launched at the end of 2025, but the development progress has not yet solved the core problems and there is still a possibility of further postponements.

Company Overview

BV Storage: net profit in the first half of the year is expected to be between 280 million yuan to 330 million yuan, reversing last year's loss.

BV Storage announced that it is expected to achieve a net profit attributable to the owner of the parent company of 280 million yuan to 330 million yuan in the first half of 2024, compared with a loss of RMB 296 million in the same period last year. The change in performance is mainly due to the industry recovery and significant growth in the company's business. In the first half of 2024, the company grasped the industry's upward opportunities, vigorously expanded domestic and international first-line customers, and achieved breakthroughs in market and business growth, with product sales volume increasing significantly year-on-year. The company continues to increase research and development investment in storage solutions, chip design, advanced packaging and testing equipment and other fields, and the R&D expenses in the first half of 2024 are about RMB 210 million, an increase of more than 170% year-on-year.

RAM Technology: expected net profit in the first half of the year to increase by 101%-119% year-on-year.

RAM Technology announced that the company expects to achieve a net profit attributable to the owner of the parent company of RMB 203 million to RMB 221 million in the first half of 2024, an increase of 101.28% to 119.16% year-on-year. During the reporting period, due to the recovery of terminal demand, the company's business scale expanded, vigorously launched market-competitive products, the company has a full order of orders, and the main business has grown steadily.

Contemporary Amperex Technology: completed the repurchase and cancellation of 234,000 restricted stocks.

Contemporary Amperex Technology announced that the company has completed the repurchase and cancellation procedures for the restricted stocks on June 17, 2024 at China Securities Depository and Clearing Co., Ltd. Shenzhen Branch. After the repurchase and cancellation, the company's total share capital has been reduced from 4,399,041,236 shares to 4,398,807,222 shares.

GrinScan Vision: Sequoia China has reduced its holdings cumulatively by 5%.

On April 19, 2023 to June 18, 2024, Sequoia China, a shareholder of Grantham-SunOpta, reduced its shareholding through bulk trading and centralized bidding trading, and the shareholding ratio decreased from 10.49% to 5.49%, with a cumulative equity change of 5%.

Kejie Intelligence: plans to repurchase company's shares for 30-60 million RMB.

Kejie Intelligence announced that it plans to repurchase the company's shares for 30-60 million RMB, with a repurchase price not exceeding 12.68 yuan per share. The repurchased shares will be used to maintain the company's value and shareholder rights. The specific implementation plan for selling shares through centralized bidding trading method will be executed by the board of directors of the company after deliberation and approval in accordance with relevant laws and regulations, and will be disclosed in the announcement of the repurchase results and changes in shareholding 12 months later.

Narui Radar: signed a 238 million RMB weather radar equipment procurement contract.

Narui Radar announced that the company has signed a weather radar equipment procurement contract with Guangdong Yucai Financial Leasing Co., Ltd. for a total amount of 238 million RMB, with 35 sets of X-band dual-polarization phased array weather radar systems and related facilities as the target of the contract.

Cutting-edge Technology

Artificial intelligence neural network creates virtual animal model to reveal how the brain controls complex movements.

In order to explore the secrets of how the brain controls movement, scientists from Harvard University and Google DeepMind Lab have created a bio-mechanically realistic digital model of a "virtual rat" - a rodent with an artificial brain that can move around just like a real rodent. This achievement represents a new method for human research on how the brain works, and the related paper was published in the latest issue of the journal Nature.

Study shows that accidents are less likely in most scenarios with autonomous driving.

A technical study published in Nature Communications on the 18th stated that autonomous vehicles have fewer accidents than human-driven vehicles in most scenarios. This conclusion supports the view that autonomous driving technology can help improve road safety, but the study also emphasizes the importance of addressing technological limitations.

AI discovers rare genetic mutations related to coronary heart disease.

Researchers at the Icahn School of Medicine at Mount Sinai in the United States used an advanced artificial intelligence (AI) tool to identify rare coding mutations in 17 genes, revealing the molecular basis of coronary artery disease (CAD), also known as coronary heart disease. The related study was recently published in Nature Genetics, revealing genetic factors affecting heart disease, and paving the way for targeted and personalized treatment of cardiovascular diseases.