JCET(600584) 长江商报·2025-04-23 00:44Core Viewpoint - Longji Technology has achieved a turnaround in its operating performance in 2024, with both revenue and net profit showing significant growth compared to the previous year [1][2]. Financial Performance - In 2024, Longji Technology reported revenue of 35.962 billion yuan, a year-on-year increase of 21.24%, and a net profit attributable to shareholders of 1.610 billion yuan, up 9.44% from the previous year [2][4]. - The company's revenue and net profit had declined in 2023, with figures of 29.661 billion yuan and 1.471 billion yuan, respectively, representing decreases of 12.15% and 54.48% [2][5]. Business Strategy and Market Position - Longji Technology focuses on four core application areas: communications, consumer electronics, computing, and automotive electronics, adapting its business strategy to market changes [4][6]. - The company has strengthened its global layout, with overseas sales revenue reaching 29.096 billion yuan, accounting for 80.91% of total revenue, and showing a year-on-year growth of 25.15% [6][7]. - Longji Technology ranks third among the top ten OSAT manufacturers globally, with an estimated revenue of 34.6 billion yuan [7][8]. Research and Development - In 2024, Longji Technology invested 1.718 billion yuan in R&D, a year-on-year increase of approximately 19.31%, with cumulative R&D investment over nine years reaching 10 billion yuan [1][8]. - The company holds a diverse portfolio of patents, with 3,030 patents granted by the end of 2024, including 2,498 invention patents [8].