一 | (ECNS) — From artificial intelligence reshaping the workplace to the rapid growth of industries such as integrated circuits, aerospace and biomedicine, Chinese students studying abroad are facing an increasingly diverse set of choices about what comes after graduation — and where they want to build their future. Those questions were at the center of a recent gathering of representatives from Chinese student associations at overseas universities, held at the headquarters of the Western Returned Scholars Association (WRSA) in Beijing. Discussions ranged from career opportunities in China to the role students can play in fostering greater understanding across cultures. One practical question ran throughout the event: How can young people with international experience make the most of new opportunities emerging in China? Xu Chen, executive director for campus and international business at Zhaopin.com, described the changing workplace as moving from a “human-driven” model toward “human-AI collaboration” and, increasingly, an “AI-driven” one. Artificial intelligence is not simply changing existing jobs, he said. It is also reshaping the skills employers value, making the ability to work effectively with AI and apply professional expertise to real-world problems increasingly important. China’s changing industrial landscape is opening up new possibilities as well. Xu pointed to integrated circuits, aerospace, biomedicine, high-end equipment manufacturing, industrial software and intelligent connected vehicles as areas offering strong prospects. Emerging fields such as quantum technology, biomanufacturing, hydrogen energy and nuclear fusion could create further opportunities. For Chinese students studying abroad, these trends are creating new links between the skills and perspectives they acquire overseas and the needs of fast-growing industries in China. But careers were only part of the conversation. Another recurring theme was how students living and studying overseas can help bridge cultural gaps through everyday interaction. At a roundtable on cross-cultural communication, returned graduates and representatives of Chinese student associations discussed how students can help their international peers gain a more nuanced understanding of China. Representatives from student organizations in six countries also shared experiences of campus life, community-building and exchanges with local students and communities. Sun Xinglun, vice president of the Association of Chinese Students and Scholars at Yale, said meaningful communication does not always require grand narratives. A celebration of a Chinese festival, a campus cultural event or even an everyday conversation with a classmate can provide a window into China. Rather than simply explaining China to others, students can begin with subjects their peers are genuinely interested in and draw on their own experiences of studying and living abroad. Such personal exchanges can make cross-cultural communication more natural and relatable. Chinese student associations are also taking on broader roles on overseas campuses. Beyond helping new arrivals adjust to university life, many organize academic events, career programs, cultural activities and community initiatives that bring Chinese students into closer contact with their universities and local communities. In doing so, students are not simply participants in campus life. Their experience of moving between languages, social environments and cultural perspectives can put them in a unique position to connect people who might otherwise have few opportunities to interact. For many participants, studying abroad is therefore about more than earning a degree. It is also about learning how different societies work, understanding different ways of thinking and becoming comfortable communicating across cultural boundaries. Whether they eventually return to China or continue their studies and careers overseas, those experiences can become an asset in an increasingly interconnected world. The program also included sharing sessions on overseas study experiences and employment trends for graduates returning to China. Participants later visited an exhibition tracing the more than century-long history of the Western Returned Scholars Association and the experiences of generations of Chinese who studied overseas before returning to contribute to the country’s development. 
。 记者丨李惠琳 编辑丨陈晓平
半导体测试龙头，给股东发了点福利。
二 | 7月20日，长川科技公告，收到董事长赵轶提议，准备每10股派发1元中期红利。按当前6.34亿股的股本计，合计派发约6340万元。 这家总部在杭州的企业，主攻半导体测试赛道，默默耕耘18年，揽获华为海思等重要客户，迎来业绩爆发。 1-6月，其预估将净赚9亿元以上，可惜最近股价调整，截至7月20日，市值在1680亿元左右，短短7个交易日，回撤约800亿元。 “现在我们很多机型都爆单了。” 《21CBR》记者从内部人士获悉，其高端SoC测试机D9000出货量达1300台，工厂排单到3个月后。 实控人赵轶较为低调，公开场合极少露面，偶有现身，也多围绕产业趋势和技术布局。 按照公开信息，他计划斥资约22亿元，投入到半导体设备研发，以缩小与海外巨头的差距。
三 | 全能选手 在半导体产业链中，赵轶卡位的是后道测试环节。 他制造的设备，是芯片量产的“质检员”。一块晶圆经数百道精密工序后，必须通过性能测试的最后关卡，方可成一枚合格的芯片。 就此环节，长川是国内少有的“全能选手”，全面布局测试机、分选机、探针台等设备，可提供一站式方案： 如在晶圆阶段，用探针台测试基础电性能，提前筛出不良品；完成封装后，用测试机检测电气特性、功能逻辑等指标，分选机则负责将合格品与不良品自动分类。 尤其是，赵轶提前布局数字测试机、三温探针台、三温分选机等高端产品，且在行业低位时，以资本运作布局海外，丰富品类。 2019年，长川收购新加坡STI公司，将其AOI光学检测技术收入囊中，借此进入三星、日月光、德州仪器等半导体供应体系；2023年，其收购马来西亚EXIS公司，获取了转塔式分选机技术。
四 | 过往两年，这些布局迎来最好兑现时机，赵轶也带领长川上演一场“V型反转”。 2023年，其尚在周期低谷，净利润只剩不到4500万元；其后，业绩迅速逆转，2025年其收入约53亿元，净利达13.3亿元。 其翻身的核心，在于AI芯片、存储测试需求爆发，高端测试设备销售放量。
五 | “在芯片制造成本中，测试成本占比明显提升。” 有半导体行业人士告诉《21CBR》记者，AI芯片多采用Chiplet架构（多芯片堆叠），且用先进封装技术，其结构远复杂于传统芯片，稳定性要求更高，测试量也大幅增加。 例如，2025年，测试机产品收入为32亿元，占到总收入的六成，业务增长最快，且毛利率高达62%，其放量顺势拉动净利暴增。 长川科技的景气周期，预计会延续一段时间。
六 | 1-6月，其预计净利9亿—10亿元，增速在110%以上。有券商预估，2026-2028年，长川的高端SoC测试机，三年复合增速为65%。 快速替代 赵轶领导的长川科技，也补上了国产半导体生态的一环。 “测试设备领域的关键技术环节已基本打通。” 管理层表示，其产品具备较高性价比和快速响应本土化能力，国产化进程正迈入“快速替代”阶段。 有内部人士告诉《21CBR》记者，以高端SoC测试机D9000为例，其性能对标国际主流，价格仅为后者的80%。
七 | 测试设备技术壁垒较高，且需客户的严格考核认证，国内长期由外资企业垄断。现在，赵轶团队已成为国内头部封测龙头的供应商，且融入长电科技、华天科技等供应链。 在个别细分领域，长川已做到前列。 例如，其分选机国内占有率达58%，稳居第一；测试机的国内份额，也已提升至35%。 “国内头部设计公司与封测厂商的投资，已基本实现复苏。”管理层专门提到，其在头部客户的渗透率正获得明显提升。 2025年，赵轶最重要的五大客户， 销售额合计为30.5亿元。 其中，居首的客户销售额达12亿元，业内普遍认定就是华为。
八 | 据称，长川已切入华为最新一代昇腾950系列相关测试方案。
九 | 去年底，赵轶宣布定增募资31.27亿元，其中约22亿元将投到半导体设备研发，重点就是迭代开发测试机和AOI设备。 “公司将积极向中高端产品升级”，长川科技在公告中解释，该项目的实施，将有助于提升产品技术深度，满足自主可控的需求。 财报披露，截至2025年，其雇用的研发人员，高达2330人。 赵轶同步启动扩产。 2025年，其在四川投资10亿元，建设高端智能制造基地，预计2027年全面投产，建成后年产值预计20亿元以上。 真金白银的投入，显示赵轶对下一阶段增长的预判非常乐观。
十 | 尽享红利 创业十余载，赵轶堪称一位非典型的破局者。 他是典型的技术出身，本科就读于浙江大学半导体材料专业，毕业后进入杭州士兰微，一路做到生产总监，一干就是十年。 2008年，全球金融危机正烈，大多数人选择收缩过冬，赵轶则洞悉到半导体复苏的微弱信号，力邀几位核心伙伴，在低谷期创办长川科技。 创业第九年，他即带队在深交所敲钟；又一个九年轮回，长川迎来千亿市值的黄金时代。 “拿来主义”，一度是测试设备厂商的生存法则，在外资技术基础上仿制，省力又省时。赵轶则选择了一条更难的路：从零自研。 早年，他的产品设备，瞄准模拟芯片等中低端领域，以“性价比”撕开市场缺口；此后，产品线不断扩容，技术性能一路向上，成长为平台型龙头，才赶上AI兴起与国产化的双浪。 作为创始人，赵轶个人也是这场造富盛宴的大赢家。 2025年以来，长川科技的股价，从40元左右最高涨至390元，涨幅超8倍，市值一度升至约2500亿元。
十一 | 过去8个月，赵轶控股的“长川投资”，已完成两轮股票减持，累计套现超过21亿元。 最近一次减持，已于4月完成，套现9.2亿元。赵轶也作出承诺，12个月内不再主动减持。 他给高管也普遍涨薪。 2025年，赵轶个人薪酬550.81万元，较上年增加15万元；副总经理、董事会秘书、财务总监等人，均有13万元—100万元不等的涨薪。 对比来看，此番合计才6300多万元的股息，确实说不上有多惊喜。 对赵轶及其团队而言，要稳住估值，分享更大产业红利，则不单要扩大国内份额，更必须走出去。 图片来源：长川科技，除标注外。
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