“Science and Technology Innovation Board Daily”, September 10 (Reporter Qiu Siyu) “Customer demand in the industrial control sector is expected to recover in the second half of this year.” Hu Weiwu, chairman and general manager of Longxin Zhongke, told the “Science and Technology Innovation Board Daily” reporter at the 2024 semi-annual results briefing held today (September 10).

In the first half of this year, due to the impact of the macroeconomic environment, the e-government market, and the fact that some important customers in Longxin Zhongke's traditional industrial control sector had not yet resumed normal procurement, Longxin Zhongke's performance declined in the first half of the year. Net profit to mother was -0.238 billion yuan, compared to -0.104 billion yuan in the same period last year, more than doubling the year-on-year loss.

“In the past two and a half years, the company has been in a contraction period. During this period, it has adopted a strategy of 'stabilizing staff and increasing efficiency'.” Hu Weiwu, chairman and general manager of Longxin Zhongke, also mentioned at the performance conference that in Longxin Zhongke's three-year transformation strategy from 2022 to 2024, the company adheres to the “integration of points, two sides”. One “point” is to develop cost-effective embedded SoC or MCU based on application requirements; the other “point” is to use general-purpose CPUs to customize highly cost-effective special solutions, such as developing storage servers based on the 3C6000. “The characteristics of these two 'points' are that they are aimed at relatively single or fixed applications, circumvent ecological barriers, and only focus on cost performance.”

Referring to future development, Hu Weiwu further stated, “It is expected that the second half of 2024 will enter the beginning of the next round of the company's growth, and 2025 will begin a new round of expansion. In the new round of expansion, the company will accelerate development through mergers and acquisitions, etc., and internal personnel will also increase.”

In the financial report, Longxin Zhongke also revealed that the development of its first independent graphics card/AI accelerator chip, the 9A1000, is in full swing.

“The 9A1000's overall display performance is comparable to an RX550 video card, and it also has 32 TOPS of AI computing power.” Hu Weiwu, chairman and general manager of Longxin Zhongke, mentioned in response to a question from the “Science and Technology Innovation Board Daily” reporter, “At least the 9A1000 code was frozen at the end of the year to basically complete the physical design. The performance of the 9A2000 is 8-10 times that of the 9A1000, compared to the Nvidia RTX 2080; striving for the 9A3000 to achieve leapfrog development.”

In terms of other products, it is reported that the Longxin Zhongke 2K3000 has been delivered. It is expected that the streaming will be completed by the end of the year. It is expected that the 2K3000 will release a sample when the 3C6000 is released.

The 3C6000 server chip is expected to complete commercialization and begin mass sales in the second quarter of 2025. Samples and motherboards of the 3C6000 are expected to be sold in the fourth quarter of this year; the 3B6600 is expected to be released in the first half of next year, and its single-core performance is expected to lead the world. “Overall, on average, Longxin Zhongke will launch at least one server or PC chip every year.” Hu Weiwu, chairman and general manager of Longxin Zhongke, revealed at the performance conference.

Regarding the Dragon architecture, Longxin Zhongke said that at present, two companies other than Longxin Zhongke have launched products based on the Dragon architecture and achieved mass production, and three universities have successfully developed Dragon architecture chips. It is expected that within 2 to 3 years, more than 10 companies will launch SoC chip products based on the Dragon architecture.