Financial Performance - Q3 2024 revenue reached 44.8 million, a 571.6% increase quarter-over-quarter [1] - Q4 2024 revenue guidance is between 540 million, with gross margin expected to be 11% to 13% [2] Business Segments - Logic and RF business revenue grew to 122.9 million, up 21.8% year-over-year [1] - 12-inch wafer sales accounted for 50.0% of total revenue, up from 47.5% in the same period last year [2] Strategic Developments - The company is focusing on the "Specialty IC + Power Devices" strategy, which has expanded its market space in downstream applications [1] - The new 12-inch production line in Wuxi is expected to start trial production and process validation by the end of this year or early next year [2] - The Wuxi Phase II 12-inch chip production line is progressing steadily, with contributions to revenue expected in the first half of next year [2] R&D and Innovation - R&D expenses for the first three quarters reached RMB 1.14 billion, up 4.93% year-over-year [2] - The company is leveraging new production lines for continuous technological iteration to meet emerging downstream demands [2] Market and Industry Outlook - The global and domestic semiconductor terminal demand is expected to continue recovering, boosting demand across the company's various process platforms [2] - The company's inclusion in the MSCI China A Onshore Index is expected to enhance its influence and attract more investor attention [3] Future Prospects - With the gradual operation of the new 12-inch production line in Wuxi Phase II, the company's revenue is expected to reach a new level [3] - The diversified specialty process platforms, combined with optimized capacity and product structure, are expected to strengthen the company's competitive edge [3]
华虹半导体产品结构持续优化以迎接下游增长，四季度有望持续向好