Vanchip (Tianjin) Technology (688153)2025-01-17 10:20Revenue Forecast - The company expects to achieve an annual revenue of approximately 2,100 million yuan in 2024, representing a year-on-year decrease of about 29.57%[2]. - In the previous year, the company reported a revenue of 2,981.53 million yuan and a net profit of 1,122.88 million yuan[3]. Profit Forecast - The estimated net profit attributable to the parent company for 2024 is around -260 million yuan, a decrease of approximately 123.15% compared to the previous year[2]. - The net profit attributable to the parent company after deducting non-recurring gains and losses is projected to be around -550 million yuan, reflecting a year-on-year decrease of about 153.16%[2]. Market Conditions - The decline in revenue is attributed to intensified competition in the RF front-end chip market and significant price pressure on certain products[4]. Strategic Measures - The company is implementing measures to optimize its product mix and strictly control costs to mitigate adverse impacts[5]. - Future strategies include deepening internal management reforms and actively exploring new business growth points[5]. Performance Forecast Accuracy - There are currently no significant uncertainties affecting the accuracy of the performance forecast[6]. - The financial data provided is preliminary and subject to final audit in the 2024 annual report[7].