Yingqu Technology: Brain-Computer Interface Benefits from Overseas Catalysts, Core Business Steadily Improving

English summary

Today the company's stock price surged, mainly driven by overseas catalysts. Musk's brain-computer interface company Neuralink's valuation exceeded $42 billion, growing nearly 400% in one year. The company's brain-computer interface R&D and commercialization are steadily advancing. Key products under development include EEG monitoring headbands, artificial neural rehabilitation robots, and brain-computer fatigue driving monitoring, serving the broader health sector while expanding new interaction dimensions. The core business is steadily improving. In H2, the company's traditional core business continues high growth, mainly benefiting from the volume ramp of innovative electronics, environmental health, and metal structural parts. The implementation of core e-cigarette components helps increase share; health environment has entered the supply chain of international leading customers; air purifier orders are ramping up; water cooling, engraving machines, and automotive electronics are performing relatively steadily. Emerging technology layout continues. Through establishing joint ventures (Tianqu Technology, Zhisuan Integration) and direct equity investments (Rongxin Zhiyuan, Moore Threads), the company is laying out new businesses such as computing center construction, AIGC architecture R&D, and AI server manufacturing.