The Science and Technology Innovation Board Daily news on October 30th includes: BYD, as an electric car company, achieved quarterly revenue surpassing Tesla for the first time; six departments: promoting the installation of photovoltaic systems on existing building rooftops; three departments: supporting the listing financing of relevant companies in the new materials datacenter that meet the criteria.

Focus on hot topics

Briefs:

The US Department of the Treasury has issued the final rules on investment restrictions on China. The Ministry of Commerce has stated that it has made solemn representations to the US side and reserves the right to take measures.

Spokesperson of the Ministry of Commerce responds to questions from reporters on the final rules issued by the United States on investment restrictions against China. Question: On October 29, the U.S. Department of the Treasury issued the final rules on investment restrictions against China. What is China's response to this?

Response: China firmly opposes the U.S. decision to implement the final rules on investment restrictions against China, has lodged solemn representations with the U.S., and reserves the right to take countermeasures.

The U.S. broadening of the concept of national security and implementation of discriminatory investment restrictions against China are typical non-market practices. The U.S. restrictions cover areas such as chips, artificial intelligence, quantum computing, which for the vast majority of industries in these sectors do not involve national security, yet they will be subject to U.S. bans. This will disrupt normal economic and trade cooperation between Chinese and American companies, damaging the interests of both. China has noted that many American business associations and enterprises have pointed out that U.S. investment restrictions on China will lead American companies to cede the Chinese market to competitors from other countries, severely impairing U.S. interests.

Hope that the U.S. respects the laws of the market economy, clarifies the boundary of national security in economic and trade sectors, stops politicizing and weaponizing economic and trade issues, and creates a favorable environment for Sino-U.S. economic and trade cooperation.

byd company limited surpassed tesla in quarterly revenue for the first time as an electric car company.

As an electric car company, BYD Company Limited's quarterly revenue exceeded Tesla's for the first time. BYD Company Limited announced its third quarter report today, with third quarter revenue of 201.1 billion yuan, a year-on-year increase of 24%; while Tesla announced its fiscal year 2024 third quarter financial report on October 24th, reporting that Tesla's total revenue for the third quarter of the automotive business was $25.182 billion (approximately 180 billion yuan), an 8% increase compared to the same period last year.

Six departments: promote the installation of photovoltaic systems on existing building roofs, and promote the installation of photovoltaic systems on new industrial buildings and new public buildings where conditions permit.

The National Development and Reform Commission and other six departments have issued the 'Guiding Opinions on Vigorously Implementing the Action of Renewable Energy Substitution.' Among them, it is proposed to prioritize the use of renewable energy in the planning, construction, renovation, and transformation of urban areas. Promote the comprehensive implementation of green building standards for new urban buildings, continuously increase the requirements for replacing renewable energy in electricity, heat, and gas. Promote ultra-low energy consumption, nearly zero energy consumption buildings, develop nearly zero carbon buildings, promote the application of flexible electricity usage technologies in buildings. Promote the installation of photovoltaic systems on existing building roofs, promote the installation of photovoltaic systems in conditional new factories and public buildings. Promote the comprehensive electrification of new public buildings, promote the use of electric heat pump water heaters, efficient induction cooktops, and other alternatives to coal and gas products, promote the application of efficient direct current electrical appliances and equipment. Actively promote the use of solar thermal energy in buildings in areas with abundant solar resources and stable hot water demand. Promote the application of geothermal energy, air source heat pumps, centralized biomass energy, and other heating and cooling applications according to local conditions, and in remote areas, biomass-shaped fuel stoves for heating can be used on-site based on the principle of local resource utilization.

Three departments: support new materials big datacenter qualified enterprises for listing financing.

The Ministry of Industry and Information Technology, the Ministry of Finance, and the National Bureau of Statistics issued the Overall Construction Plan for the new materials big datacenter, establishing a funding model with enterprise investment as the main body, financial institutions as the support, and social capital as the supplement. Encouraging financial institutions to increase financial support in accordance with market-oriented and rule of law principles. Supporting the new materials big datacenter to attract social capital through equity, debt, and other means. Encouraging relevant government investment funds to actively support according to market principles. Supporting qualified enterprises related to the new materials big datacenter for listing financing. The relevant units undertaking projects supported by central finance funds need to actively participate in the construction of data resource nodes and first aggregate the material sector data generated during project implementation to the new materials big datacenter. Fully leveraging the role of data-holding units of relevant departments, local governments, and others, to enhance data sharing and exchange.

In-depth analysis:

SSE successively inquired about listed companies' 'cross-border mergers and acquisitions' with a focus on valuation and performance bets.

Inventory surged by over 300% on a month-on-month basis! Leading AI chip manufacturer narrowed losses in Q3, with multiple index funds increasing their holdings.

Is the turning point coming for the photovoltaic industry? Several component manufacturers claim that prices are following the market. Industry insiders are calling for production cuts.

Announcement of the Science and Technology Innovation Board

Haoyoubuo: changes in controlling shareholder's control, stocks will resume trading tomorrow.

Hao Europe Bao announced that the company's controlling shareholder, Huarixiangtian, and its concerted action parties, Suzhou Wairun Investment Management Partnership Enterprise, the company's actual controllers JOHN LI, WEIJUN LI, Chen Tao, as well as Beijing Huirongrunkang Medicine Development Co., Ltd. and its concerted action party, Shuangrunzhengan Information Consulting (Beijing) Co., Ltd. signed a Stock Transfer Agreement. On the same day, the company signed a Strategic Cooperation Agreement with Sino Biopharm Limited and other parties. According to relevant regulations, after the company's application to the Shanghai Stock Exchange, the company's stock will resume trading from October 31, 2024. The key procedures that still need to be completed for this change in control include approval from the company's shareholders' meeting, and compliance confirmation from the Shanghai Stock Exchange.

Cambricon Technologies, Montage Technology, and other companies have released their third-quarter reports.

Cambrian announced that the revenue for the first three quarters was 0.185 billion yuan, a year-on-year increase of 27.09%; the net income was a loss of 0.724 billion yuan. The revenue for the third quarter was 0.121 billion yuan, a year-on-year increase of 284.59%, with a net income loss of 0.194 billion yuan.

Montage Technology released the third quarter report of 2024, achieving operating income of 2.571 billion yuan in the first three quarters, a year-on-year increase of 68.56%; net income of 0.978 billion yuan, a year-on-year increase of 318.42%. In the third quarter, operating income reached 0.906 billion yuan, a year-on-year increase of 51.60%; net income of 0.385 billion yuan, a year-on-year increase of 153.40%, setting a new quarterly high in the company's history.

Fudan Microelectronics released the third quarter report of 2024, achieving operating income of 2.684 billion yuan in the first three quarters, a year-on-year decrease of 1.99%; net income of 0.427 billion yuan, a year-on-year decrease of 34.29%. In the third quarter, operating income reached 0.89 billion yuan, a year-on-year decrease of 5.55%; net income of 79.1472 million yuan, a year-on-year decrease of 60.60%.

Trina Solar Co., Ltd. disclosed the third quarter report, with operating income of 63.147 billion yuan in the first three quarters, a year-on-year decrease of 22.16%; a net loss of 0.847 billion yuan. In the third quarter alone, a loss of 1.373 billion yuan was reported. During the reporting period, the prices of photovoltaic component-related products decreased year-on-year due to supply and demand imbalances in the photovoltaic industry chain, resulting in decreased profitability of photovoltaic products.

Nuode Zan released the third quarter report of 2024, with the company achieving revenue of 0.986 billion yuan in the first three quarters, a year-on-year increase of 13.42%; net income attributable to the shareholders of the listed company was 18.1565 million yuan.

Beijing Roborock Technology released the third quarter report for 2024, achieving a revenue of 7.007 billion yuan in the first three quarters, a year-on-year increase of 23.17%; net income attributable to shareholders of the listed company was 1.472 billion yuan, an increase of 8.22% year-on-year. In the third quarter, revenue reached 2.591 billion yuan, an increase of 11.91% year-on-year; net income attributable to shareholders of the listed company was 0.351 billion yuan, a decrease of 43.40% year-on-year.

Western Superconducting Technologies released the third quarter report of 2024, achieving operating income of 3.235 billion yuan in the first three quarters, a year-on-year increase of 4.76%; net income of 0.604 billion yuan, a year-on-year increase of 3.62%. In the third quarter, operating income reached 1.215 billion yuan, a year-on-year increase of 24.43%; net income of 0.255 billion yuan, a year-on-year increase of 58.04%.

Bloomage Biotechnology Corporation Limited released the third quarter report of 2024, achieving operating income of 3.875 billion yuan in the first three quarters, a year-on-year decrease of 8.21%; net income attributable to shareholders of listed companies was 0.362 billion yuan, a year-on-year decrease of 29.62%. In the third quarter, operating income reached 1.064 billion yuan, a year-on-year decrease of 7.14%; net income attributable to shareholders of listed companies was 20.2583 million yuan, a year-on-year decrease of 77.44%.

Sanwei Xinan: intends to use its own funds and part of the oversubscribed funds to acquire 81.8181% equity of Jiangnan Tian An.

Sanwei Security announced that the company intends to use its own funds of 171.81792 million yuan and part of the oversubscribed funds of 90 million yuan to acquire a total of 81.8181% equity of Beijing Jiangnan Tianan Technology Co., Ltd. original shareholders Deng Dongbai and Hu Jin, corresponding to a contribution of 24.54543 million yuan to the target company. After the transaction is completed, Jiangnan Tianan will become a subsidiary controlled by the company. This transaction does not constitute a major asset restructuring or related party transaction.

Suzhou Veichi Electric: Plans to establish the Veichi Smart Robotics Project in Lianxi District, Jiujiang City.

Suzhou Veichi Electric announced that the company has signed the 'Veichi Smart Robotics Project Investment Agreement' with the Lianxi District Commercial Bureau of Jiujiang City, planning to establish the Veichi Smart Robotics Project in Lianxi District, Jiujiang City. The project will mainly construct production and R&D office buildings for projects such as robots and artificial intelligence. The total investment of the project will be implemented step by step according to the company's strategic plan, business plan, and financial situation, with the investment entity being the company or a project company registered in Lianxi District, Jiujiang City. This investment does not constitute a related party transaction or a major asset restructuring. However, there are uncertainties about whether the land use rights can be successfully bid for, and the risk of changes in project implementation due to policy adjustments and other factors.

MedSci: Shareholder Fengsheng Jiamei plans to reduce its shareholding by no more than 3%.

Medik announced that shareholder Fengsheng Jiamei plans to reduce its shareholding by a total of no more than 12.04 million shares of the company, i.e. not more than 3% of the total share capital.

Aerospace Software: Intends to transfer 0.45% equity of the financial company owned by the company to the group company.

Aerospace Software Announcement: The company plans to transfer 0.45% equity of Aerospace Technology Financial Co., Ltd., a subsidiary held by the controlling shareholder China Aerospace Hi-Tech Holding Group Co., Ltd., at a transfer price of 57.1052 million yuan.

Venture Capital Wind Vane

Vision Trip Technology has completed Series A funding of tens of millions of yuan.

近日，视旅科技正式宣布完成A轮融资，投资方为深报一本基金、广州城投集团下属粤港澳大湾区文化产业投资基金、高榕创投、优山投资、亚康股份投资平台中互亚康等知名投资机构，总规模超亿元人民币。视旅科技创立于2021年11月，是前阿里巴巴副总裁、飞猪创始人李少华等人联合发起的AI驱动的旅游产品互联网公司，创立初期即获得高榕创投、险峰资本等投资机构亿元规模的天使轮投资。

东辉装备完成新一轮Pre-A轮融资

近日，激光及检测系列装备研发生产商珠海东辉半导体装备有限公司（简称“东辉装备”）宣布完成新一轮Pre-A轮融资。本轮融资由元禾璞华、汉理资本、珠海高科创投等机构参与投资，具体融资金额未披露。东辉装备主要产品包括激光划片、激光开槽、激光切割钻孔、激光退火以及智能检测相关装备等，广泛应用于液晶面板生产及半导体制造等领域。本轮融资将用于公司产品研发、市场拓展以及团队升级，以进一步提升其在激光设备领域的竞争力。据悉，东辉装备此前已完成天使轮融资。

视知觉智能获数千万元A轮融资

近日，实时动态超声影像智能诊疗一体化设备研发商视知觉智能宣布完成数千万元人民币的A轮融资，由北京亦尚汇成领投。本轮融资将用于产品研发、市场拓展以及团队建设。视知觉智能是一家专注于医学超声影像智能解决方案的公司，通过人工智能技术和医学专家的合作，提供覆盖超声影像全流程的智能服务。此前，视知觉智能已完成天使轮融资。

硅芯科技获数千万元天使轮融资

近日，硅芯科技宣布完成数千万元人民币的天使轮融资，由境成资本和珠海科创投共同投资。硅芯科技成立于2022年12月，专注于新一代2.5D/3D堆叠芯片架构集成电路EDA软件设计，致力于后端核心实现流程的研发。本轮融资将用于产品研发、市场拓展和团队建设，以推动公司在芯片设计领域的创新和发展。