WLCSP(SH:603005) Zheng Quan Shi Bao Wang·2025-05-22 13:06Core Viewpoint - The company, Jingfang Technology, is experiencing a significant recovery in its performance, driven by growth in its packaging business and expanding applications in automotive intelligence, robotics, and AI glasses [1][3]. Group 1: Financial Performance - In 2023, the company achieved a revenue of 1.13 billion yuan, representing a year-on-year increase of 23.72%, and a net profit attributable to shareholders of 253 million yuan, up 68.4% [1]. - In the first quarter of 2024, the net profit attributable to shareholders reached 65 million yuan, marking a year-on-year growth of 32.73% [1]. - The revenue from chip packaging and testing increased by approximately 30% due to the growth in orders and shipments in the automotive CIS sector [1]. Group 2: Business Expansion and Innovation - The company is focusing on expanding its MEMS and FILTER applications beyond CIS, aiming for commercial mass production [1][3]. - The company is actively developing new products in the automotive intelligent projection field and enhancing its optical device capabilities through its optical centers in the Netherlands and Suzhou [2]. - The company is positioned as a leader in wafer-level silicon through-hole packaging technology for automotive camera chips, benefiting from the rapid development of automotive intelligence and autonomous driving technologies [1][3]. Group 3: Market and Global Strategy - The company is adjusting its investment structure for overseas subsidiaries and projects to build an international financing platform, leveraging its Singapore subsidiary [4]. - The construction of a production base in Penang, Malaysia, is underway to better meet overseas customer demands and promote process innovation [4]. - The company is advancing its participation in national key research projects, specifically in the MEMS sensor chip advanced packaging testing platform [3].