Kiwi Instruments(688045)2024-12-13 07:35Group 1: Company Overview - The company is Shenzhen Biyimi Microelectronics Co., Ltd. with stock code 688045 [1] - The investor relations activity was held online on December 12, 2024, from 14:30 to 17:00 [2] Group 2: Market Expansion and Business Performance - In 2024, the company is focused on enhancing its technology R&D system and expanding its international market presence [4] - The company reported a revenue of CNY 30,381.84 million in the first half of 2024, with a year-on-year growth [6] - In Q3 2024, the company achieved a revenue of CNY 17,267.18 million, reflecting a year-on-year increase of 42.72% [6] Group 3: Environmental and Sustainable Development - The company is committed to environmental responsibility and aims to provide energy-saving and low-consumption green products [4] - It promotes a "low-carbon lifestyle" and focuses on sustainable development [6] Group 4: Business Strategy and Future Plans - The 2024 strategy emphasizes technology innovation and market demand, focusing on analog and mixed-signal integrated circuits [6] - The company has a strong supply chain management with no identified risks, leading to reduced production costs [6] Group 5: Financial Performance - The gross margin for the first nine months of 2024 was 25.03%, an increase of 1.26 percentage points year-on-year [10] - The net profit margin was -4.28%, remaining relatively stable compared to the previous year [10] Group 6: Research and Development - R&D investment reached CNY 129 million in 2024, accounting for over 27% of the revenue [10] - The company secured 126 new intellectual property rights, including 21 invention patents, enhancing its competitive edge [10] Group 7: Market Competitiveness - In H1 2024, the company experienced a 45.61% revenue growth in the home appliance sector, particularly in air conditioning [8] - The company is expanding its market share and product introduction in response to the recovery in personal consumer electronics [8] Group 8: Risk Management - The company identified various risks including operational and financial risks, and is implementing measures to enhance its resilience [8]