JINGJIA MICRO(300474)2025-02-21 09:04Company Overview - The company focuses on information detection, processing, and comprehensive applications, providing high-quality and reliable products and solutions [2] - Main business areas include graphic display control, specialized radar, and chip development, with graphic display control being the core business [2] - The company has developed a series of graphic processing chips, including JM5400, JM7200, and JM9, and has successfully industrialized them [2] Recent Performance and Challenges - The company's 2024 performance was impacted by several factors, including a significant decline in specialized product sales due to industry demand, price discrepancies affecting revenue, and increased market competition leading to lower gross margins [4] - High R&D investment has contributed to profit decline, indicating a focus on long-term growth despite short-term challenges [4] Product Development - The JM11 series graphic processing chip supports multiple operating systems and is designed for cloud applications and high-performance rendering scenarios [5] - The company is committed to continuous R&D investment to enhance product competitiveness and contribute to the advancement of domestic graphic processing chip technology [3] Future Outlook - The company aims to expand product application areas and maintain a balance between performance growth and shareholder returns, ensuring a sustainable value return mechanism for investors [8] - The company is optimistic that temporary performance fluctuations will not affect its long-term and stable development [8] Strategic Initiatives - The company is actively promoting its fundraising projects to enhance its competitive advantage and profitability in the industry [7] - The rise of AI technologies, such as DeepSeek, presents both opportunities and challenges, prompting the company to explore AI applications in its business [6]