On September 18, Cambricon conducted an earnings briefing session, during which investors flooded the company with over 80 questions. Within just one hour, Chairman Chen Tianshi and his team of executives managed to address more than 20 of these inquiries, with investors' primary concerns revolving around the sustainability of future performance growth and the potential for development.

Chen Tianshi emphasized that since the start of 2024, the company has capitalized on its chip strengths to forge deeper collaborations with industry-leading enterprises. This strategic move has yielded breakthroughs in deploying cloud product lines across a multitude of scenarios. He further noted that market demands, particularly those driven by large-scale models, are poised to generate a steady stream of revenue for the company. The Chinese integrated circuit market is currently witnessing robust demand, and the anticipated surge in intelligent computing power requirements in the first half of 2025 is expected to unlock significant development opportunities for AI chips.

Cambricon remains committed to technological innovation. In the first half of the year, the company made significant strides in iteratively optimizing its intelligent processor microarchitecture and instruction set, as well as its fundamental system software platform. Its products have now achieved large-scale deployment and successfully undergone validation across various industries.

The semi-annual report released by Haiguang Information in August revealed year-over-year growth in both revenue and net profit, accompanied by a notable uptick in new orders, contract liabilities, and inventory levels. While Cambricon did not directly address supply chain and market rumors, it did clarify that, in response to market demand, the company had proactively stocked up on cloud product lines, resulting in inventory growth. The company also stated that it had already accounted for potential depreciation.

In August, Cambricon projected that its full-year revenue for 2025 would reach between RMB 5 billion and 7 billion. Its application for a private placement has been approved, with the proceeds, not exceeding RMB 3.985 billion, earmarked for chip and software platform projects, as well as for replenishing working capital. The funded projects are anticipated to bolster the company's chip technology, enhance product capabilities, and expand the openness of its software ecosystem.