JINGJIA MICRO(300474)2022-11-21 16:20Group 1: Company Overview - Changsha Jingjia Microelectronics Co., Ltd. focuses on the R&D, production, and sales of high-reliability electronic products, primarily in the fields of graphics display control, specialized radar, and chip sectors [2] - As of the end of 2020, the company had a total of 857 employees, with 587 in R&D, representing over 68.49% of the total workforce, an increase of 26.23% year-on-year [3] Group 2: R&D Investment - In 2020, the company invested CNY 17,740.37 million in R&D, marking a year-on-year increase of 51.41% [2] - The company has applied for a total of 160 patents, including 136 national invention patents, 18 utility model patents, 5 international patents, and 1 design patent, with 66 invention patents and 14 utility model patents already authorized [3] Group 3: Financial Performance - For the first half of 2021, the company expects a revenue growth of 47.01%-59.94% compared to the same period last year, with net profit expected to increase by 27.30%-43.56% [3] - The significant growth is attributed to a substantial increase in sales of graphics processing chips and stable growth in specialized radar products [3] Group 4: Industry Position and Strategy - The company acknowledges the increasing competition in the GPU design sector and is open to learning from peers to enhance R&D and management levels [3] - It is also considering strategic mergers and acquisitions to strengthen its market position and achieve business objectives [3]