Revenue Expectations - The company expects to achieve approximately CNY 637 million in revenue for 2024, an increase of about CNY 106.41 million or 20.06% compared to the previous year[4]. Profit Projections - The net profit attributable to the parent company is projected to be a loss of between CNY -195 million and CNY -155 million, narrowing the loss by 36.33% to 49.39% compared to the previous year[4]. - The net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be a loss of between CNY -225 million and CNY -185 million, narrowing the loss by 31.13% to 43.37% compared to the previous year[4]. Product Sales Growth - The company has seen significant growth in product sales, driven by recovery in downstream applications such as network communication and consumer electronics, with quarterly revenue showing sequential growth[9]. Research and Development - The company continues to invest heavily in R&D, focusing on storage technologies and advancing SLC NAND FLASH technology, with a project for 1xnm flash memory entering risk production stage[9]. - The company is developing Wi-Fi 7 wireless communication chips, with the project progressing smoothly[9]. External Investments - The company has made an external investment in Lishan Technology (Shanghai) Co., Ltd., which focuses on multi-layer (expandable) graphics rendering chip development, with the first chip entering the tape-out stage[10]. - The company has recognized an investment loss of approximately CNY -16 million from the aforementioned investment[10]. Operational Efficiency - The company has optimized its product structure and market strategy, leading to improved operational efficiency and reduced product costs, resulting in a slight increase in gross margin[9]. Earnings Forecast Uncertainty - The company has not identified any significant uncertainties affecting the accuracy of this earnings forecast[13].
东芯股份(688110) - 2024 Q4 - 年度业绩预告