澜起科技(688008) - 投资者关系活动记录表

Financial Performance - In the first three quarters of 2024, the company achieved a revenue of 2.571 billion CNY, representing a year-on-year growth of 68.56% [3] - Revenue from interconnect chip products was approximately 2.377 billion CNY, up 59.37% year-on-year [3] - Revenue from server platform products reached 185 million CNY, a significant increase of 565.34% compared to the previous year [3] - Net profit attributable to the parent company was 978 million CNY, reflecting a growth of 318.42% year-on-year [3] - The net profit after deducting non-recurring gains and losses was 874 million CNY, up 460.88% year-on-year [3] - The net cash flow from operating activities was 1.261 billion CNY, exceeding the net profit, indicating strong operational quality [3] Research and Development - R&D investment for the first three quarters of 2024 was 552 million CNY, an increase of 13.42% year-on-year, accounting for 21.48% of revenue [3][10] - In Q3 2024, R&D expenditure was 186 million CNY [3] Product Performance - In Q3 2024, the company reported revenue of 906 million CNY, a year-on-year increase of 51.60% [3] - The net profit attributable to the parent company in Q3 was 385 million CNY, up 153.40% year-on-year [3] - The interconnect chip product line generated revenue of 849 million CNY in Q3, a growth of 46.02% year-on-year [3] Market Position and Strategy - The company leads in the memory interface chip sector, having developed DDR2 to DDR5 series chips, with a significant reduction in competitors over generations [5] - The company is actively involved in setting international standards for DDR5 memory interface chips, maintaining a leading position in the industry [5][6] - The market for clock chips is projected to grow from 2.03 billion USD in 2022 to 3.02 billion USD by 2027 [9] Future Outlook - The company anticipates increased demand for MRCD/MDB chips as more mainstream CPUs support the next generation of MRDIMM [7][8] - The CKD chip is expected to see growth in downstream applications as client CPU platforms are launched [8] - The company plans to expand its clock chip product line, including clock buffer chips, to meet diverse market needs [10]