September 26, 2021

Zhuo Shengwei achieved revenue of 1.078 billion yuan in the first half of the year, a year-on-year increase of 56.19%

RF chip manufacturer Jiangsu Zhuosheng Microelectronics Co., Ltd. released a report for the first half of 2021. During the reporting period, the company’s operating performance grew rapidly, achieving operating income of 2.359 billion yuan, a year-on-year increase of 136.48%; net profit attributable to shareholders of the parent company was 1.014 billion yuan, a year-on-year increase of 187.37%. The overall gross profit margin was 57.63%, an increase of 4.99% over the same period last year.

 

Zhuo Shengwei said that the main reasons for the significant increase in performance during the reporting period compared with the previous year were: On the one hand, the development of 5G communication technology has driven the rapid growth of RF front-end market demand, and the company’s products continue to penetrate the client. On the other hand, compared with the same period last year, the company’s product types have achieved a leap from discrete devices to radio frequency modules. With comprehensive advantages such as high performance indicators and delivery stability of the products, they are suitable for receiving end radio frequency module products in 5G new frequency bands. Demand continues to rise.

 

In the field of RF front-end, the company has completed a diversified product layout. The product types have successfully extended from discrete device products to receiving-end RF module products, and further expanded to transmit-end RF module products, and have initially realized mobile smart terminals The field of radio frequency front-end product form has a comprehensive layout embryonic form.

 

During the reporting period, the company Zhuo Shengwei continued to maintain the growth trend of R&D investment. R&D investment was 123 million yuan, an increase of 37.28% over the same period last year. R&D expenditure accounted for 5.20% of operating income, which was lower than 8.96% in the same period last year. The growth of R&D investment was lower than the growth of performance scale, and the company’s R&D efficiency was further improved during the reporting period. During the reporting period, the company strengthened the protection of intellectual property rights and actively promoted technological innovation. The company obtained 11 integrated circuit layout designs and applied for 17 patents, including 9 invention patents and 8 utility model patents.