BPSemi(SH:688368)2024-07-23 14:34Revenue Expectations - The company expects to achieve operating revenue of approximately CNY 732.51 million to CNY 736.18 million for the first half of 2024, representing a year-on-year increase of CNY 117.19 million to CNY 120.87 million, or a growth of 19.05% to 19.64%[1]. - The company has seen stable revenue growth due to the rapid development of AC/DC power chips and motor control driver chips, leading to an increase in sales revenue and overall gross margin compared to the same period last year[6]. Profit Projections - The estimated net profit attributable to the parent company for the first half of 2024 is expected to be between -CNY 32.95 million and -CNY 28.68 million, indicating a reduction in losses of CNY 56.31 million to CNY 60.58 million, a year-on-year improvement of 63.09% to 67.87%[5]. - The estimated net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be between -CNY 18.98 million and -CNY 16.52 million, reflecting a reduction in losses of CNY 120.90 million to CNY 123.36 million, a year-on-year change of 86.43% to 88.19%[8]. Financial Reporting and Risks - The financial data provided in the performance forecast is preliminary and has not been audited by an accounting firm, with the final figures to be disclosed in the official 2024 semi-annual report[12]. - The company emphasizes the importance of investors being aware of investment risks related to the preliminary financial data[12]. - The company has not identified any significant uncertainties that could affect the accuracy of this performance forecast[11]. - The performance forecast period is from January 1, 2024, to June 30, 2024[1]. Corporate Actions - The company has significantly reduced the share-based payment expenses in the reporting period due to the completion of previous equity incentive plans[6]. - The announcement is made by the Board of Directors of Shanghai Jingfeng Mingyuan Semiconductor Co., Ltd. on July 24, 2024[13].