GUOXIN MICRO(002049) 证券日报·2025-04-23 06:42Core Viewpoint - In 2024, the company aims to focus on core business development, maintain R&D investment, and enhance management efficiency to navigate challenges in a competitive market and the cyclical nature of the special integrated circuit industry [1][4]. Group 1: Business Development and Market Position - The company is seizing opportunities in the recovering global semiconductor industry, positioning itself as a leading comprehensive integrated circuit enterprise in China [2][3]. - The special integrated circuit business has improved quality assurance and production efficiency through optimization of quality systems, organizational structure, and supply chain management [2][5]. - The company has successfully launched radiation-resistant products for aerospace applications and achieved breakthroughs in key technologies such as high-current power modules and low-noise switch power designs [2][6]. Group 2: Financial Performance - In 2024, the company reported revenue of 5.511 billion yuan, a decrease of 27.26% year-on-year, and a net profit of 1.179 billion yuan, down 53.43% from the previous year [4]. - The net cash flow from operating activities was 1.467 billion yuan, a decline of 17.07% compared to the previous year [4]. - The company's total equity attributable to shareholders increased by 6.33% to 12.394 billion yuan, while the asset-liability ratio decreased by 6.63 percentage points to 28.44% [4]. Group 3: R&D and Innovation - The company invested 1.286 billion yuan in R&D in 2024, accounting for 23.33% of its revenue, and obtained 85 invention patents and 19 utility model patents [6][8]. - The company is focusing on domestic substitution and achieving breakthroughs in critical technologies in "bottleneck" areas while enhancing its position in international markets [6][7]. - The company is developing next-generation core devices in response to industry changes and demands, aiming to create new revenue growth points [3][8]. Group 4: Future Strategy - In 2025, the company plans to expand its special integrated circuit business by enhancing product categories, extending application areas, and increasing market share [7][8]. - The company will continue to innovate in security chip products and explore new industry applications while capitalizing on opportunities in the automotive electronics sector [7][8]. - The company aims to leverage AI technologies to enhance existing product lines and develop new intelligent product lines, thereby improving overall competitiveness and driving performance growth [8].