A[Tian Yang Technology: It is inconvenient to disclose the specific details of the purchase of 20,000 NVIDIA GPUs] On October 9th, Tian Yang Technology announced today through its official WeChat public account that it signed a "GPU Purchase Agreement" with Company X to purchase 20,000 NVIDIA RTX PRO 5500 Blackwell. In this regard, the reporter asked the company's securities department for information such as the purchase price, total purchase amount, and delivery pace. The staff of the securities department responded that it is inconvenient to disclose the specific situation. If the relevant disclosure standards are met, it will be disclosed later. The reporter learned through industry insiders that the product has not yet been put on the shelves and the price has not yet been finalized. Judging from public information and the current price trends of similar products, the domestic quotation of this GPU may exceed 100,000 yuan per piece. Based on the purchase volume of 20,000 pieces, the amount will exceed 2 billion yuan. Tianyang Technology's 2026 semi-annual report shows that as of the end of June, the company's book monetary funds are approximately 508 million yuan. (Reporter Xu Xuecheng) B[The concept of computing power leasing fluctuated and rebounded, and Maixinlin rose by more than 18%] On September 29, the concept of computing power leasing fluctuated and rebounded during the session, with Maixinlin rising to the daily limit of 20cm. Previously, Nanwei Software had 4 boards in 6 days, and Entrepreneur Dark Horse, Jiahua Technology, Hubei Radio and Television, Infore Environment, Oriental Materials, etc. followed suit. According to the news, computing power lessor Nebius plans to increase the on-demand rental rates of major NVIDIA GPUs starting from October 1. The H100 will rise from $3.85 to $4.50 per hour, the H200 will rise from $4.50 to $5.40, the B200 will rise from 7.15 to $8.50, and the B300 will rise from 7.85 to $9.50. The overall increase is about 17% to 21%. A[Morning News Selection on September 23]
1. Premier Li Qiang of the State Council visited Shanghai on September 22. He emphasized that we should adhere to the direction of intelligence, greenness and integration, promote the deep integration of technological innovation and industrial innovation, vigorously develop a new generation of intelligent manufacturing, accelerate the cultivation and expansion of emerging industries and future industries, and continue to make advanced manufacturing bigger and stronger.
2. Guo Jiakun stated at yesterday’s regular press conference of the Ministry of Foreign Affairs that China is willing to work with the United States to enrich the connotation of China-US constructive strategic and stable relations, strengthen dialogue and cooperation, properly manage differences, continuously enhance the well-being of the two peoples, and promote world peace, stability and prosperity.
3. The Ministry of Commerce and other five departments have adjusted the "Management Catalog of Precursor Chemicals for the Export to Specific Countries (Regions)". From the date of the announcement, those exporting some chemicals to the United States, Mexico, Canada and other countries must apply for a license in accordance with the "Interim Regulations on the Export of Precursor Chemicals to Specific Countries (Regions)".
4. Iranian President Pezhechiyan took a special plane from Tehran to New York, the United States, on September 22 to attend the 81st United Nations General Assembly High-Level Week. He is expected to deliver a speech at the general debate of the UN General Assembly on the morning of September 23, local time.
5. US President Trump said that he will hold talks with Iran in the near future and that the US and Iran may reach an agreement after the mid-term elections. It was also stated that Hosan might have to be destroyed.
6. The General Office of the State Administration for Market Regulation and the General Office of the Ministry of Ecology and Environment recently jointly issued a notice arranging to carry out carbon emission measurement review and investigation work on key emission units in the national carbon emissions trading market. The notice clearly establishes a “one-time review and two-party acceptance” mechanism for carbon emission measurement review results.
7. China's electrification annual development report released by the China Electricity Council on the 22nd shows that China's electrification rate has exceeded 29% at present, and by 2030, China's electrification rate will rank first among the world's major economies.
8. Haiguang Information Computing Power Chip CPU 1000 series was officially released. This product is a lightweight CPU built with C86 architecture for low power consumption, embedded and end-side computing power needs.
9. Yuexin Semiconductor announced that the issuer and the joint lead underwriters negotiated and determined the issuance price to be 12.01 yuan per share based on the preliminary inquiry results. Investors should make online and offline subscriptions at this price on September 24, 2026 (T-day).
10. CICC announced that it plans to absorb and merge Dongxing Securities and Cinda Securities by issuing A shares to all A-share shareholders of Dongxing Securities and Cinda Securities. There were 7,321,900 objectionable shares effectively declared in the stock exchange and absorption merger, and trading of A shares was resumed.
11. Shanshan Co., Ltd. announced that it plans to invest 5.106 billion yuan to build an integrated base project for lithium-ion battery anode materials with an annual output of 150,000 tons.
12. Baiwei Storage announced that it plans to invest 4.5 billion yuan to build the third phase of the wafer-level advanced packaging and testing manufacturing project.
13. Oni Electronics announced that its wholly-owned subsidiary signed a 1.67 billion yuan GPU computing card purchase contract. Xingyun Technology announced that it has signed a 453 million yuan computing power service procurement contract.
14. Sichuan University Zhisheng announced that it was filed by the China Securities Regulatory Commission for suspected violations of information disclosure laws.
15. The three major U.S. stock indexes closed with mixed gains, with the Nasdaq rising 0.45%, the S&P 500 closing flat, and the Dow falling 0.36%. Among them, the Nasdaq hit a new all-time high. The Philadelphia Semiconductor Index rose more than 2%, hitting a new closing high since mid-July.
16. Several Asian refiners have received informal notifications from Saudi Aramco and will soon be able to receive crude oil at the Red Sea port of Yanbu.
17. The United States signed a security agreement with Denmark and its autonomous territory Greenland on the 22nd to "strengthen security in the Arctic and North Atlantic regions."
18. The Iranian Foreign Minister met with the US special envoy in New York. Iran said that the meeting between Iran and the US was to convey the conditions for reopening the strait.
19. Senior Iranian officials said that Iran can reopen the Strait of Hormuz within 7 days if the United States reduces military pressure and lifts its naval blockade on Iran.
20. JPMorgan Chase CEO Jamie Dimon recently stated that the spending boom in the AI field shows no signs of slowing down, and investment in the entire hyperscale data center ecosystem may reach US$1 trillion next year.
21. Apple announced that the new Mac mini and Mac Studio are officially launched. Apple is reportedly developing a new fitness tracker aimed at competing with Whoop. B[BOE A: The glass-based packaging carrier board test line has been fully operational, and the 24-layer products have been sent to customers for verification] On September 22, BOE A (000725.SZ) released an investor relations activity record sheet announcement. The company’s glass-based packaging carrier board test line has been fully operational, and the production of 24-layer substrates with a size of more than 100×100 mm has been completed, and it has passed the in-factory reliability test. We are currently working with customers to conduct electrical performance tests after chip upgrading. We will package the carrier board with real CPU and GPU chips and put them into the server for operation. The decision-making conditions for mass production include customer order volume and yield guarantee, and the target is to achieve mass production investment conditions in the first half or first quarter of next year. The company has invested nearly 1 billion yuan to build a pilot line to achieve TGV drilling, copper plating, ABF layering and back-end full chain pull-out. Regarding the MicroLED short-distance optical interconnection system, the functional verification demo construction from light source emission to optical fiber coupling and 19-core optical fiber transmission has been completed. It is expected to complete the full system and eye diagram display from emission to reception by the end of the year. In the next year, we will promote platform construction and industrial investment in short-distance optical interconnection products and optoelectronic co-sealing technology. The BOM cost of LCD panels is expected to rise by 5%-8% in the second half of the year, and the company will absorb the pressure by adjusting product prices. The "mirror-like traceless" OLED flexible screen has a 60% reduction in crease depth and slope, a 50% increase in mechanical strength, and can withstand repeated bending at temperatures below minus 40°C. It has been certified by SGS and is used in the brand's flagship series of products in cooperation with domestic leading customers. B[Haiguang Information releases the first end-side computing power chip CPU1000 series] On September 22, Haiguang Information computing power chip CPU 1000 series was officially released. This product is a lightweight CPU built with C86 architecture for low power consumption, embedded and end-side computing power needs. Sha Chaoqun, President of Haiguang Information, said that the 1000 series is Haiguang's first computing power chip for end-side intelligence, marking the company's computing power extending from the cloud side to the edge and the end side; the 1000 series is not a single chip, but a product series for end-side computing power, which will allocate CPU, GPU, and NPU computing power according to the needs of different scenarios, and continue to enrich the embedded product matrix. (Reporter Wang Biwei) B[The concept of on-device AI fluctuates and rises, Rockchip has reached its daily limit] On September 22, the concept of on-device AI fluctuated and rose during the session, and Rockchip and Rockchip hit its daily limit. Rongqi Technology, Broadcom Integration, Hengxuan Technology, Xingchen Technology, Zhongke Lanxun, and Aojie Technology were among the top gainers. On the news, JPMorgan Chase’s latest report predicts that ASIC/XPU’s share of AI accelerator unit shipments will rise to 54% in 2027, surpassing GPU; it will further rise to 55% in 2028. It estimates that the customized AI ASIC market size will be approximately US$60 billion to US$70 billion in 2026, with a compound growth rate of more than 40% to 50% in the next few years. B[The concept of computing power leasing fluctuated and rose by the 263 daily limit] On September 22, the concept of computing power leasing fluctuated and rose by the 263 daily limit in early trading. Sangfor, Shunwang Technology, Wangsu Technology, Xingyun Technology, Nanling Technology, Ukerde, etc. followed suit. In the news, Nebius, a computing power rental manufacturer, recently announced that the price of GPU cloud services will increase by 17% to 21%. The Bohai Securities research report stated that currently, a new value system is accelerating to form around the invocation, distribution and settlement of Tokens, and has become an important path for the possible realization of the artificial intelligence industry. It continues to be optimistic about computing power leasing and other AI cloud computing service links under the development wave of the "word economy" in the AI era. A[September 18 morning news selection]
1. Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, had a phone call with U.S. Secretary of State Rubio on the 17th. The two sides had an in-depth discussion focusing on high-level exchanges between the two countries. Wang Yi said that both sides should prepare for the next stage of high-level exchanges in the spirit of equality, respect, and reciprocity, strengthen communication, promote cooperation, manage differences, respect each other's core interests, and send out a positive message that China and the United States are committed to promoting constructive strategic and stable relations and jointly promoting world peace and development.
2. The Ministry of Commerce held a regular press conference on the 17th. In response to a question about the latest progress in the negotiation on the US$30 billion mutual tariff reduction arrangement between China and the United States, spokesperson He Yadong said that the economic and trade teams of China and the United States are currently maintaining close communication on relevant issues, and relevant progress will be announced in due course.
3. On September 17, Minister of Commerce Wang Wentao held a video meeting on Sino-EU economic and trade issues with European Commission Commissioner for Trade and Economic Security Sefcovic.
4. Regulatory agencies have recently issued a notice to fund managers, asset management institutions, and fund sales agencies on the implementation of the "Measures for the Administration of Online Marketing of Financial Products", requiring that they are not allowed to cooperate with other organizations or individuals other than third-party Internet platforms, including "Internet influencers", to carry out online marketing of financial products.
5. The Ya'an Economic and Technological Development Zone Management Committee recently released the first public announcement of the environmental impact assessment information of the Ningde Times Ya'an lithium salt production base project. The total investment of the project is 1.4 billion yuan, and it is planned to build an annual production capacity of approximately 40,000 tons of lithium carbonate, 30,000 tons of lithium dihydrogen phosphate and 130,000 tons of lithium dihydrogen phosphate.
6. We learned from Huawei dealers that many dealers have been informed by Huawei that starting from January 1 next year, the Wenjie brand will be "exclusively exclusive". One Hongmeng Zhixing store will exclusively sell Wenjie, and the other will sell the other four realms.
7. Cloud computing service provider Nebius announced that it will increase the prices of a number of on-demand computing resources starting from October 1, with the latest Nvidia GPU seeing the largest increase. H200 rose from US$4.50 to US$5.40, an increase of 20%; NVIDIA B300 had the absolute largest increase, from US$7.85 to US$9.50/GPU hour, an increase of approximately 21%.
8. China Jushi announced that Zhenshi Group, the second largest shareholder, reduced its holdings by 28.33 million shares from September 15 to 17. Hunan Yuneng announced that its second largest shareholder CATL reduced its holdings by a total of 17.4597 million shares from June 26 to September 16, with the shareholding ratio falling to less than 5%.
9. Kuang-Chi Technology announced that its wholly-owned subsidiary Kuang-Chi Advanced Technology will deliver metamaterial structural products worth a total of 907 million yuan to three customers.
10. Chitianhua announced that shareholder Great Wall Company plans to reduce its holdings by no more than 3% of its shares. Jiangshun Technology announced that shareholders plan to reduce their holdings of no more than 3% of the company's shares.
11. The three major U.S. stock indexes collectively closed higher, with the Nasdaq rising 1.69%, the S&P 500 rising 1.14%, and the Dow Jones Industrial Average rising 0.61%. The Philadelphia Semiconductor Index rose 3.14%. AI hardware stocks and chip semiconductor stocks surged, and the three times long semiconductor ETF-Direxion surged 10.44%.
12. U.S. President Trump told the media that he is facing a critical turning point in the war against Iran and needs to decide whether to restart a large-scale offensive in order to end the conflict.
13. The Bank of England voted 6 to 3 to keep the benchmark interest rate unchanged at 3.75%, in line with market expectations.
14. Nvidia CEO Jensen Huang said that artificial intelligence security is crucial; Nvidia’s chip sales next year will double this year’s.
15. Goldman Sachs has raised the average annual compound growth rate of electricity demand in the United States from 3.2% to 3.5% by 2030; it is expected that data center power demand in 2030 will increase by about 170% compared with 2025. The forecast in March this year was only about 117%.
16. Intel CEO said that the company's current CPU supply can only meet 50% of customer demand. Intel's 18A node has entered mass production, and the 14A node will be put into production in the first quarter of next year. A[Selected evening news on September 17]
1. The Ministry of Commerce stated that the Sino-US economic and trade teams are maintaining close communication on tax reduction and other issues.
2. Shanghai: Fund companies are not allowed to cooperate with other organizations or individuals other than third-party Internet platforms, including “Internet Vs”, to carry out online marketing of financial products.
3. Nvidia CEO Jensen Huang said that artificial intelligence security is crucial; Nvidia’s chip sales next year will double this year’s.
4. Goldman Sachs raised the average annual compound growth rate of electricity demand in the United States from 3.2% to 3.5% by 2030; it is expected that data center power demand in 2030 will increase by about 170% compared with 2025, while the forecast in March this year was only about 117%.
5. Cloud computing service provider Nebius announced that NVIDIA B300 will increase from US$7.85 to US$9.50/GPU hour starting from October 1, an increase of approximately 21%.
6. Huawei Wang Tao announced that the research and development progress of the Ascend 960 chip has exceeded expectations and doubled the performance; the Ascend 960DT will be launched in Q1 2027, three quarters ahead of the original plan.
7. Company news: ① Ankai Bus, 2 boards in 4 days: The second largest shareholder, Anhui Investment Group, plans to reduce its shareholding by no more than 0.85%. ② China Jushi: Zhenshi Group, the second largest shareholder, reduced its holdings by 28.33 million shares from September 15 to 17. ③Hengrui Medicine: Today it repurchased 335,000 A shares for the first time and paid 14.5036 million yuan. ④ Ningde Times plans to build a new 40,000-ton annual lithium carbonate production capacity in Ya'an at a cost of 1.4 billion yuan. ⑤ The Wenjie brand will be "exclusively franchised", and Huawei dealers can choose whether to operate it.
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