According to the Fangzheng Securities Research Report, Haiguang Information is a leading domestic enterprise in the field of high-end processor design. Net profit from mother for the first half of 2026 was 1,798 billion yuan, an increase of 49.69% over the previous year. AI demand and policies are driving resonance, and the domestic credit innovation industry is developing rapidly. It is estimated that by 2030, the AI and agent-driven server CPU market space will reach $220 billion. At the same time, America's technological decoupling from China continues to upgrade, forcing the innovation industry to speed up localization and replacement. With the promotion of the “2+8+N” strategy, autonomous and controllable demand from the party and government to key industries has changed from policy guidance to spontaneous market choices, bringing structural opportunities to domestic CPU manufacturers. The company has deep ecological barriers, and CPU+DCU collaborate to build core advantages. The comparable companies selected are all scarce leaders in the core of domestic semiconductors. They are similar to the business attributes and growth logic of Haiguang Information, and are comparable. Optimistic about the company's development prospects, covered for the first time, and gave it a “Highly Recommended” rating.

According to the Fangzheng Securities Research Report, Haiguang Information is a leading domestic enterprise in the field of high-end processor design. Net profit from mother for the first half of 2026 was 1,798 billion yuan, an increase of 49.69% over the previous year. AI demand and policies are driving resonance, and the domestic credit innovation industry is developing rapidly. It is estimated that by 2030, the AI and agent-driven server CPU market space will reach $220 billion. At the same time, America's technological decoupling from China continues to upgrade, forcing the innovation industry to speed up localization and replacement. With the promotion of the “2+8+N” strategy, autonomous and controllable demand from the party and government to key industries has changed from policy guidance to spontaneous market choices, bringing structural opportunities to domestic CPU manufacturers. The company has deep ecological barriers, and CPU+DCU collaborate to build core advantages. The comparable companies selected are all scarce leaders in the core of domestic semiconductors. They are similar to the business attributes and growth logic of Haiguang Information, and are comparable. Optimistic about the company's development prospects, covered for the first time, and gave it a “Highly Recommended” rating.