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富满微(300671) - 2018 Q2 - 季度财报
2018-08-28 16:00
Financial Performance - Total revenue for the reporting period reached ¥247,924,411.90, an increase of 28.62% compared to ¥192,756,861.52 in the same period last year[27]. - Net profit attributable to shareholders was ¥38,381,036.53, representing a significant increase of 75.15% from ¥21,913,438.56 year-on-year[27]. - Net profit after deducting non-recurring gains and losses was ¥35,175,264.69, up 81.37% from ¥19,394,574.56 in the previous year[27]. - The company reported a total revenue of 1.5 billion RMB for the first half of 2018, representing a year-on-year increase of 25%[78]. - The company reported a half-year revenue of 1.5 billion RMB, representing a year-on-year increase of 15%[84]. - The company reported a net profit of CNY 41,729,419.53 for the first half of 2018, compared to CNY 22,798,043.11 in the same period last year, indicating an increase of 83.1%[146]. - The company reported a total of 15,707.44 million CNY in integrated circuit product revenue, with a significant increase of 86.25% compared to the previous period[62]. Research and Development - The company allocates over 6% of its annual revenue to research and development, focusing on new products, processes, and application areas[7]. - The company has reported that it holds 56 patents, including 16 invention patents and 40 utility model patents, showcasing its commitment to R&D[35]. - R&D investment increased by 36.85% to ¥21,919,861.30 compared to ¥16,017,828.25 in the previous period[44]. - Research and development expenses increased by 30% to 200 million RMB, focusing on new technology innovations[79]. - The company has committed to increasing R&D investment by 20% in the upcoming fiscal year to drive innovation[90]. Market Expansion and Strategy - The company plans to enhance its market expansion efforts and ensure that new production capacity aligns with expected sales volumes to avoid profit decline due to increased depreciation[11]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by 2020[82]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share within the next two years[88]. - A new partnership with a leading tech firm is expected to enhance product distribution channels, aiming for a 25% increase in sales volume[82]. - The company expects a revenue growth of 20% for the second half of 2018, projecting total revenue to reach approximately 1.8 billion RMB[80]. Financial Position - Total assets at the end of the reporting period were ¥875,969,064.36, an increase of 25.99% from ¥695,266,979.07 at the end of the previous year[27]. - Net assets attributable to shareholders increased to ¥538,638,784.43, up 7.72% from ¥500,013,045.35 at the end of the previous year[27]. - The company's total assets increased to CNY 842,423,024.92, up from CNY 655,934,147.12 at the beginning of the year, reflecting a growth of 28.5%[142]. - The total liabilities at the end of the current period were CNY 218,600,000, indicating a stable financial position[163]. - The company’s total liabilities at the end of the period were 6,644.2 million yuan, reflecting a careful balance between assets and liabilities[168]. Cash Flow and Investments - The net cash flow from operating activities was negative at ¥-38,469,493.63, a decline of 277.90% compared to ¥21,624,650.41 in the same period last year[27]. - Cash and cash equivalents decreased by 110.41% to -¥18,151,765.28 from an increase of ¥174,290,274.35 in the previous period[44]. - The company reported a significant increase in cash inflow from financing activities, primarily due to the receipt of 95,000,000.00 CNY in loans[158]. - The total amount of raised funds was ¥17,273.61 million, with ¥5,647.59 million invested during the reporting period[56]. - The company has temporarily supplemented working capital with CNY 70.66 million of idle raised funds, all of which have been returned to the special account for raised funds by April 23, 2018[58]. Governance and Compliance - The company has reported that all board members attended the meeting to review the report, ensuring governance and oversight[4]. - The company has no significant litigation or arbitration matters reported during the period[91]. - There were no penalties or corrective actions taken against the company during the reporting period[92]. - The half-year financial report has not been audited, which is standard for this reporting period[93]. - The company did not engage in any asset or equity acquisitions or sales during the reporting period[96]. Risks and Challenges - The company faces risks related to raw material supply, particularly the potential price fluctuations of wafers, which could adversely affect profitability[5]. - The company is implementing measures to mitigate the risks of accounts receivable increases due to economic uncertainties affecting client liquidity[9]. - The company acknowledges the rapid technological advancements in the integrated circuit industry and emphasizes the need for continuous innovation to remain competitive[6]. - The company emphasizes the importance of maintaining a reasonable inventory of raw materials to control costs effectively[5]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 13,195[120]. - The largest shareholder, Jijing (Hong Kong) Limited, holds 44.59% of shares, totaling 63,263,737 shares[121]. - The total number of restricted shares at the end of the period is 106,400,000, with 30,400,000 shares released during the period[118]. - The total share capital of the company as of June 30, 2018, is 141.89 million shares, following a capital increase from 100 million shares[174]. Operational Efficiency - The gross margin improved to 35%, up from 30% in the previous year, due to cost optimization strategies[78]. - The company has set a target to reduce operational costs by 15% over the next year through efficiency improvements[81]. - Operating profit for the first half of 2018 was CNY 41,729,627.03, representing a growth of 107.5% compared to CNY 20,088,593.58 in the previous year[146].
富满微(300671) - 2018 Q1 - 季度财报
2018-04-25 16:00
Financial Performance - Total revenue for Q1 2018 was CNY 103,551,914.31, representing a 22.17% increase compared to CNY 84,763,205.77 in the same period last year[7]. - Net profit attributable to shareholders was CNY 18,213,344.82, a significant increase of 118.67% from CNY 8,329,215.28 year-on-year[7]. - Basic earnings per share rose to CNY 0.18, up 63.64% from CNY 0.11 in the previous year[7]. - The company achieved operating revenue of 103.55 million RMB, a year-on-year increase of 22.17%[23]. - The net profit attributable to shareholders reached 18.21 million RMB, representing a year-on-year growth of 118.67%[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 15.42 million RMB, up 96.35% year-on-year[23]. - The company's net profit for the period was CNY 148,686,024.74, up from CNY 130,472,679.93, showing an increase of approximately 14%[39]. - The total comprehensive income for the first quarter amounted to CNY 13,253,656.35, compared to CNY 5,133,764.92 in the previous period, reflecting a significant increase[49]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 784,835,989.98, a 12.88% increase from CNY 695,266,979.07 at the end of the previous year[7]. - The total assets of Shenzhen Fuman Electronics Group Co., Ltd. as of March 31, 2018, amounted to CNY 784,816,542.82, an increase from CNY 695,266,979.07 at the beginning of the period, reflecting a growth of approximately 12.8%[36]. - The company's total assets as of Q1 2018 amounted to CNY 762,053,814.45, compared to CNY 655,934,147.12 at the end of Q1 2017, reflecting a growth of 16.2%[42]. - Total liabilities increased to CNY 267,213,618.08 from CNY 196,137,997.60, which is an increase of about 36.2%[38]. - Total liabilities increased to CNY 303,291,122.79 in Q1 2018, up from CNY 210,425,111.81 in Q1 2017, marking a rise of 43.9%[42]. - The total equity attributable to shareholders rose to CNY 518,189,186.20 from CNY 500,013,045.35, reflecting an increase of about 3.6%[39]. Cash Flow - The net cash flow from operating activities was negative at CNY -25,402,426.44, a decline of 600.18% compared to CNY 5,078,617.60 in the same period last year[7]. - Cash inflows from operating activities reached CNY 129,920,525.10, up from CNY 63,287,980.51 in the prior year, indicating a growth of approximately 105.5%[52]. - Cash outflows for investing activities totaled CNY 25,394,711.32, compared to CNY 11,005,434.90 in the previous year, representing an increase of about 130.5%[53]. - Cash inflows from financing activities were CNY 65,750,000.00, significantly higher than CNY 23,677,979.87 in the previous year, marking an increase of approximately 177.5%[56]. - The net cash flow from financing activities improved to CNY 42,375,934.28, compared to CNY 3,996,447.95 in the same period last year[56]. - The ending balance of cash and cash equivalents was CNY 72,247,694.59, up from CNY 29,579,710.50 at the end of the previous period[53]. Operational Efficiency - The weighted average return on equity was 3.58%, an increase of 0.55% from 3.03% in the previous year[7]. - The gross profit margin for Q1 2018 was approximately 16.1%, compared to 10.0% in Q1 2017, indicating improved profitability[44]. - Operating costs for Q1 2018 were CNY 86,966,472.34, up 14.2% from CNY 76,147,207.42 in the same period last year[44]. - The company's management expenses increased by 62.90% to 14,769,015.17 RMB, mainly due to higher R&D investments and property rental costs[21]. - Cash received from sales of goods and services increased by 124.68% to 126,064,325.78 RMB, driven by growth in sales[22]. Risks and Challenges - The company faces risks related to management complexity due to expansion and the need for effective coordination[10]. - There is a risk of technological obsolescence in the integrated circuit industry, necessitating continuous R&D investment[11]. - The company is implementing measures to manage inventory risks associated with unsold products and market competition[15]. - The company has not encountered any major difficulties or adverse risk factors affecting future operations[26]. - There are no overdue commitments from the actual controller, shareholders, or related parties during the reporting period[24]. Investments and Future Plans - The company plans to expand production capacity through fundraising projects, leading to increased capital expenditures[22]. - The company plans to continue expanding its market presence and investing in new product development to sustain growth in the upcoming quarters[45]. - The R&D center project has a total investment of ¥2,925,600, with actual investment reaching ¥2,951,400, exceeding the planned amount due to interest income[30]. - The company plans to temporarily use up to ¥70,662,100 of idle raised funds to supplement working capital[30]. Supplier and Customer Relations - The top five suppliers accounted for a total procurement amount of ¥67,261,438.67, representing 67.23% of the company's total sales[25]. - The top five customers generated sales of ¥23,830,995.60, which is 23.01% of the company's total sales[26]. - The company has not experienced significant changes in its top five suppliers or customers during the reporting period[25][26].
富满微(300671) - 2017 Q4 - 年度财报
2018-04-16 16:00
Financial Performance - The company's operating revenue for 2017 was CNY 439,734,381.50, representing a 33.40% increase compared to CNY 329,642,788.78 in 2016[24]. - The net profit attributable to shareholders for 2017 was CNY 58,830,990.04, a 52.96% increase from CNY 38,462,474.05 in 2016[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 53,564,282.83, up 49.67% from CNY 35,788,461.37 in 2016[24]. - The total assets at the end of 2017 were CNY 695,266,979.07, reflecting a 52.39% increase from CNY 456,229,115.29 at the end of 2016[24]. - The net assets attributable to shareholders at the end of 2017 were CNY 500,013,045.35, an 85.82% increase from CNY 269,080,024.76 at the end of 2016[24]. - The basic earnings per share for 2017 were CNY 0.66, a 29.41% increase from CNY 0.51 in 2016[24]. - The weighted average return on equity for 2017 was 15.30%, slightly down from 15.42% in 2016[24]. - The company achieved a significant increase in production volume, with a total of 3,738,898,338 integrated circuits produced, reflecting a 35.96% growth from the previous year[49]. - The gross profit margin for the integrated circuit segment was 28.61%, slightly up by 1.03% from the previous year[48]. Cash Flow and Investments - The net cash flow from operating activities for 2017 was negative CNY 18,477,538.53, a decrease of 138.79% compared to CNY 47,640,404.46 in 2016[24]. - Operating cash inflow for 2017 was CNY 333.47 million, an increase of 50.95% compared to 2016[64]. - Operating cash outflow for 2017 was CNY 351.95 million, an increase of 103.12% compared to 2016, primarily due to changes in payment methods for raw material procurement[65]. - Investment cash outflow for 2017 was CNY 64.21 million, an increase of 220.41% compared to 2016, mainly due to factory renovations and equipment purchases[65]. - Financing cash inflow for 2017 was CNY 233.89 million, an increase of 382.25% compared to 2016, attributed to the public offering of shares[65]. - Cash and cash equivalents increased by CNY 48.96 million, a growth of 111.09% compared to 2016, mainly due to funds raised from the IPO[66]. - The company has invested a total of 81,951.9 million CNY in fixed assets, with a cumulative actual investment of 79,375.5 million CNY, achieving 50.53% of the planned progress[76]. Research and Development - The company is committed to enhancing its R&D capabilities to keep pace with industry trends and technological advancements[6]. - Research and development (R&D) expenses for the period were ¥37,497,486.11, representing 8.53% of total revenue[63]. - R&D expenses increased by 32.0% compared to the previous year, reflecting a significant growth in investment[63]. - The company has launched multiple new products, including high-refresh-rate LED display driver chips, aimed at expanding its market share in the high-end LED display sector[60]. - The company plans to significantly increase R&D investment and enhance its innovation capabilities to maintain a competitive edge in the market[90]. Market and Product Development - The company plans to expand its product lines into fast charging, wireless charging, Type-C PD controllers, and motor drivers, which are expected to drive future revenue growth[42]. - The company’s market share in LED display and lighting products has significantly increased due to quality assurance and effective market expansion strategies[33]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[105]. - The company has established a new partnership with a leading technology firm to co-develop innovative solutions, expected to launch in Q3 2024[105]. Governance and Compliance - The board of directors has confirmed the accuracy and completeness of the annual report, ensuring accountability for its contents[3]. - The company has established a salary management system based on job value, external market alignment, and performance incentives[162]. - The governance structure includes a shareholder meeting, board of directors, supervisory board, and management team, ensuring compliance with relevant laws and regulations[166]. - The company maintains independence from its controlling shareholder in business, personnel, assets, organization, and finance, ensuring independent operations and decision-making capabilities[171]. - The company has not faced any penalties from securities regulatory agencies in the past three years for its directors, supervisors, and senior management[158]. Shareholder Information - The company reported a net profit attributable to shareholders of 58,830,990.04 yuan for the year 2017, with a profit distribution plan that includes a capital reserve increase of 4 shares for every 10 shares held[97]. - The total distributable profit as of December 31, 2017, was 130,472,679.93 yuan, with no cash dividends proposed due to significant investment plans and cash expenditures in 2018[97]. - The company did not distribute any cash dividends in the past three years, maintaining a cash dividend ratio of 0.00%[99]. - The company plans to increase its share capital by 4 shares for every 10 shares held, based on a total share capital of 101,350,000 shares[97]. - The company has committed to not distributing dividends in 2018 due to significant planned investments and cash outflows[100]. Risks and Challenges - The company faces risks related to management complexity as it expands its operations and workforce, which may impact future growth if not managed effectively[5]. - Fluctuations in wafer prices significantly affect the company's operating costs, posing a risk to profitability if prices increase[9]. - The company acknowledges the risk of product design failures due to the long R&D cycles and rapid market changes in the electronics sector[8]. - The stock price may experience significant volatility due to macroeconomic factors and market conditions, which could lead to investor losses[11].
富满微(300671) - 2017 Q3 - 季度财报
2017-10-25 16:00
Financial Performance - Operating revenue for the reporting period was ¥106,397,581.78, representing a year-on-year increase of 27.77%[7] - Net profit attributable to shareholders of the listed company was ¥12,883,834.44, up 33.23% compared to the same period last year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥10,969,544.93, an increase of 16.22% year-on-year[7] - The basic earnings per share for the reporting period was ¥0.13, unchanged from the previous year[7] - Total operating revenue for Q3 2017 reached CNY 106,397,581.78, an increase from CNY 83,271,165.02 in the previous period[29] - Net profit for the period was CNY 12,785,601.14, compared to CNY 9,595,090.50 in the same period last year, reflecting a growth of approximately 33.5%[30] - Total operating revenue for the period reached ¥299,154,443.30, an increase of 31.2% compared to ¥227,918,750.37 in the previous period[36] - Net profit for the period was ¥34,513,237.60, representing a 48.7% increase from ¥23,208,142.56 in the same period last year[38] - Basic earnings per share increased to ¥0.41 from ¥0.31, reflecting a growth of 32.3%[39] - The company recorded a total profit of CNY 12,843,192.78, compared to CNY 9,192,250.06 in the previous year[30] Assets and Liabilities - Total assets at the end of the reporting period reached ¥682,424,263.79, an increase of 49.58% compared to the previous year[7] - The company's total current liabilities increased to ¥186,302,427.03 from ¥165,038,491.85, reflecting a rise of 12.9%[23] - Total liabilities increased to ¥206,679,182.09 from ¥187,597,705.91, which is an increase of 10.4%[23] - The company's total non-current assets amounted to ¥163,987,911.63, up from ¥107,185,894.77, indicating a growth of 53.0%[22] - The total assets of the company increased to CNY 663,493,238.47, compared to CNY 436,710,096.67 in the previous year[27] - Total liabilities rose to CNY 228,859,081.35, up from CNY 192,269,407.73 year-on-year[27] - The company's equity increased to CNY 434,634,157.12, compared to CNY 244,440,688.94 in the previous period[27] Shareholder Information - The company had a total of 15,266 common shareholders at the end of the reporting period[11] - The largest shareholder, Jijing (Hong Kong) Limited, held 44.59% of the shares, totaling 45,188,384 shares[11] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥25,405,853.21, down 29.20% compared to the previous year[7] - The cash inflow from operating activities totaled CNY 232,643,056.10, an increase from CNY 166,351,815.77 in the previous period, representing a growth of approximately 39.8%[45] - The net cash flow from operating activities was CNY 25,405,853.21, down from CNY 35,884,813.90, indicating a decrease of about 29.0%[45] - The cash outflow for investing activities was CNY 67,636,640.50, significantly higher than CNY 12,266,016.63 in the previous period, reflecting an increase of approximately 452.5%[46] - The net cash flow from financing activities was CNY 111,263,114.26, compared to a negative net cash flow of CNY -11,950,349.78 in the previous period, showing a substantial improvement[46] - The total cash and cash equivalents at the end of the period reached CNY 100,488,541.07, up from CNY 20,025,551.24, marking an increase of approximately 401.5%[46] - The company reported a net increase in cash and cash equivalents of CNY 68,961,043.76, compared to CNY 11,694,632.99 in the previous period, indicating a growth of about 487.5%[46] Expenses and Other Financial Metrics - Operating costs amounted to CNY 95,681,377.34, up from CNY 74,359,676.64 year-on-year[30] - The company reported an investment loss of ¥896,590.33, indicating challenges in investment performance[38] - The financial expenses increased to ¥3,585,177.62, up 118.5% from ¥1,646,694.32 in the previous period[36] - The company recorded a tax expense of ¥1,127,998.29, which is an increase from ¥790,257.50 in the prior period[38] - Other comprehensive income after tax was reported at CNY -34,420.50, down from CNY 51,550.78 in the previous period[31]
富满微(300671) - 2017 Q2 - 季度财报
2017-08-28 16:00
Financial Performance - Total revenue for the reporting period reached ¥192,756,861.52, an increase of 33.26% compared to ¥144,647,585.35 in the same period last year[21]. - Net profit attributable to shareholders was ¥21,913,438.56, representing a 59.79% increase from ¥13,713,571.53 year-on-year[21]. - The net profit after deducting non-recurring gains and losses was ¥19,394,574.56, up 31.84% from ¥14,710,397.11 in the previous year[21]. - Basic earnings per share increased to ¥0.29, a rise of 61.11% compared to ¥0.18 in the same period last year[21]. - Total assets at the end of the reporting period were ¥693,394,868.86, reflecting a 51.98% increase from ¥456,229,115.29 at the end of the previous year[21]. - Net assets attributable to shareholders increased to ¥463,628,318.54, a growth of 72.30% from ¥269,080,024.76 at the end of the previous year[21]. - The company achieved a revenue of 192.76 million yuan in the first half of 2017, an increase of 33.26% compared to the same period last year[49]. - The net profit attributable to shareholders reached 21.91 million yuan, reflecting a year-on-year growth of 59.79%[49]. - Research and development expenses increased by 29.31% to 16.02 million yuan, driven by new product development efforts[52]. - The gross profit margin improved as a result of increased sales and effective cost management strategies[51]. Corporate Governance - All board members attended the meeting to review the report, ensuring collective responsibility for its content[5]. - The report highlights the company's commitment to transparency and legal accountability from its management team[4]. - The company reported a plan not to distribute cash dividends, issue bonus shares, or increase share capital from reserves[6]. - The company has not experienced any major litigation or arbitration matters during the reporting period[90]. - The company reported no violations regarding external guarantees during the reporting period[104]. - There were no significant contracts or other major matters to disclose during the reporting period[105][108]. - The company has no major environmental protection issues and is not listed as a key pollutant unit[108]. - The company has not disclosed any significant social responsibility initiatives or awards during the reporting period[107]. - The total number of shareholders at the end of the reporting period was 50,980[114]. Risk Management - The company emphasizes the importance of risk management and outlines potential risks and countermeasures in its operations[5]. - The company faces risks related to the loss of core technical talent and the protection of technological secrets, which are critical for maintaining competitive advantage[75]. - The company plans to strengthen accounts receivable management and improve capital turnover to avoid bad debt losses[78]. - The company will enhance sales efforts and optimize inventory management to control stock levels and mitigate risks of inventory obsolescence[80]. - The company relies on external wafer manufacturers for production, making it vulnerable to fluctuations in wafer prices, which could adversely affect profitability[73]. - The company plans to stockpile raw materials based on monthly demand and diversify suppliers to mitigate supply risks[74]. Strategic Direction - The report includes a section on the company's future plans and strategic direction, although these do not constitute binding commitments to investors[5]. - The company plans to enhance R&D capabilities and market expansion to maintain competitive advantage amid increasing market competition[67][68]. - The company aims to increase R&D investment to keep pace with rapid technological advancements in the integrated circuit industry[69][70]. - The company plans to continue expanding its market presence and investing in new technologies, although specific future projections were not disclosed in the call[154]. - The increase in cash reserves positions the company well for potential acquisitions or new product developments in the upcoming periods[154]. Subsidiaries and Operations - The company operates subsidiaries including Shenzhen Xinhengfu Technology Development Co., Ltd. and Shenzhen Yunxi Semiconductor Co., Ltd.[11]. - The company has subsidiaries including Shenzhen Xinhengfu Technology Development Co., Ltd., Fuxi (Hong Kong) Co., Ltd., and Shenzhen Yunxi Semiconductor Co., Ltd. as of June 30, 2017[163]. Accounting and Financial Reporting - The financial report ensures the accuracy and completeness of the financial data presented[4]. - The financial statements are prepared based on the assumption of going concern, indicating no issues affecting the company's ability to continue operations for the next twelve months[165]. - The company adheres to the accounting policies and estimates that reflect its actual production and operational characteristics[166]. - The financial statements comply with the requirements of the accounting standards, accurately reflecting the company's financial position, operating results, and cash flows[167]. - The accounting period for the company is from January 1 to December 31, with a business cycle of 12 months[168][169]. - The company uses Renminbi as its functional currency for accounting purposes[170]. - The company follows specific accounting treatments for mergers and acquisitions, distinguishing between same-control and non-same-control mergers[171][175]. - The company adjusts its consolidated financial statements based on the control it has over subsidiaries, ensuring consistency in accounting policies and periods[172][173]. - The company recognizes the income, expenses, and cash flows of subsidiaries from the acquisition date to the reporting date in its consolidated financial statements[174]. - The company has established procedures for the disposal of subsidiaries, ensuring that the financial impacts are accurately reflected in the financial statements[176]. Cash Flow and Financing - The company reported a significant increase in cash flow from financing activities, amounting to 208.01 million yuan, a rise of 884.58% due to fundraising[52]. - Cash and cash equivalents increased to ¥231.82 million, representing 33.43% of total assets, up from 9.12% the previous year[55]. - The total cash and cash equivalents at the end of the period reached ¥198,648,087.53, up from ¥25,731,190.17 at the beginning of the period, reflecting a net increase of ¥172,916,897.36[151]. - The total financing cash inflow was ¥262,401,198.37, a significant increase from ¥6,425,398.47 in the previous period, marking a growth of approximately 3,947.5%[148]. - The net cash flow from financing activities was ¥170,727,131.56, a substantial increase from -¥26,511,799.81 in the prior period, driven by cash received from investments totaling ¥205,588,500.00[151]. Product and Market Focus - The company is involved in the semiconductor industry, focusing on integrated circuits and electronic components[12]. - The company has developed over 400 types of IC products, focusing on power management, LED control, and MOSFET chips[28]. - The company has a strong market presence in power management, LED control, and MOSFET products, with a steadily increasing market share[44]. - The company has implemented a sales strategy that includes direct sales, distribution, and agency models, fostering strong relationships with customers[38]. - Revenue from LED lights, control, and driver products reached ¥50.40 million, with a year-over-year increase of 45.28%[53]. - MOSFET products generated ¥48.46 million in revenue, reflecting a year-over-year increase of 28.19%[53]. - Power management products achieved ¥65.61 million in revenue, up 64.94% compared to the previous year[53]. - Total revenue from all products amounted to ¥192.76 million, with a year-over-year growth of 33.25%[53].