利扬芯片上半年实现营业收入2.84亿元 同比增长23.09%

Core Insights - Liyang Chip (688135) reported a revenue of 284 million yuan for the first half of 2025, representing a year-on-year growth of 23.09%, while the net profit attributable to shareholders was a loss of 7.06 million yuan, indicating a narrowing of losses compared to the previous year [1] - The company specializes in integrated circuit testing services, having developed 44 categories of testing solutions and completed mass production testing for thousands of chip models, with applications across various sectors including communications, computing, consumer electronics, automotive electronics, and industrial control [1] Business Performance - The revenue from integrated circuit testing services reached 277 million yuan in the first half of 2025, a year-on-year increase of 21.85%, with the second quarter achieving a record high of 150 million yuan in revenue [2] - The significant growth in testing revenue was driven by sustained demand from existing clients and the introduction of new products from newly acquired clients [2] - Revenue from wafer thinning services surged to 6.75 million yuan, marking a year-on-year increase of 111.61%, attributed to the company's strategic focus on wafer thinning and related technologies [2] - The company achieved a net profit of 523,400 yuan in the second quarter of 2025, reflecting improved profitability alongside rising revenues [2] Research and Development - Liyang Chip invested 37.31 million yuan in R&D during the reporting period, accounting for 13.13% of its revenue, emphasizing the importance of R&D in its growth strategy [3] - The company aims to address the imbalance in the integrated circuit testing sector, where there is a lack of full-process professional testing service providers to meet the high demand from design companies [3] - Future investments will focus on high-reliability testing capacities for GPUs, CPUs, AI, FPGAs, and automotive chips, enhancing the company's ability to provide efficient testing solutions and fostering a collaborative ecosystem within the industry [3]