Loongson Technology(688047)2024-10-14 07:34Product Development and Performance - Loongson's 3A6000 general-purpose processor chip performance has reached mainstream market levels [2] - Loongson's software ecosystem construction is divided into three stages: foundation building, extensive compatibility, and independent applications [2] - The foundation building stage has achieved compatibility with major Linux distributions and applications like WPS, WeChat, QQ, DingTalk, and Tencent Meeting [2] - Binary translation efficiency for running X86/Linux applications on LA/Linux has reached 65%, with targets of 75% through software optimization and 80%+ with hardware adaptation [3] - Current focus is on compatibility with X86/Linux and X86/Windows applications, with Windows 7 running smoothly on 3A6000 PCs and Windows 10 compatibility targeted by year-end [3] Market Strategy and Product Portfolio - Loongson is transitioning from 2022-2024 with the introduction of "Three Swordsmen" (3A6000, 3C6000, 2K3000) and "Three Vanguards" (2K0300, 2P0300, 1C0203) high-value chip products [3] - Developing competitive specialized solutions based on general-purpose CPUs, such as storage servers using 3C6000 and integrated solutions for lottery machines and exam grading systems [3] - Focusing on embedded SoC or MCU development for specific applications like printers, motor drives, and flow meters [3] - Adjusting sales strategies based on market conditions, such as limiting integrated solution sales as chip sales recover [3] Human Resources and Expansion Plans - Loongson has implemented a "stable staff with increased efficiency" strategy over the past two and a half years [4] - Currently in a "three-period overlap" phase: R&D transformation攻坚期, next sales growth启动期, and transition from R&D to market focus [4] - Planning for a new expansion phase starting in 2025, with internal staff increases and focus on improving per capita sales revenue [4] - Maintaining a generally稳健的经营 approach [4]