JoulWatt(SH:688141) Zheng Quan Zhi Xing·2025-08-25 16:52Core Viewpoint - The company has developed a "Quality Improvement and Efficiency Enhancement Action Plan" for 2025, focusing on optimizing operations, governance, and investor returns, with significant progress reported in various areas of business development and technology innovation [1] Group 1: Business Development and Core Competitiveness - The company has achieved continuous revenue growth, reaching a historical high in Q2 2025, by focusing on technological upgrades and optimizing product performance [1] - A strategic partnership with leading wafer foundries has led to the development of a fully proprietary BCD process technology platform, enhancing the company's competitive edge in the market [1] - The company has established a comprehensive product line covering power management and signal chain chips, with over 3,200 product models available, catering to diverse customer needs [1][2] Group 2: Product Innovation and Market Expansion - The company has introduced advanced AC-DC series products with competitive advantages in technology and efficiency, gaining recognition in the market [2] - The company has made significant strides in the DC-DC chip product portfolio, achieving a cost advantage through optimized circuit design and high efficiency [2][3] - The company has launched a complete PC power solution and has entered the supply chains of major global notebook manufacturers, demonstrating its capability in the PC application sector [3] Group 3: Cost Reduction and Efficiency Enhancement - The company emphasizes cost reduction and efficiency as a core strategy, implementing centralized procurement and digital office processes to lower operational costs [7][8] - Continuous monitoring and adjustment of human resources are in place to ensure efficient allocation and high performance across departments [8] Group 4: Mergers and Acquisitions - The company has successfully completed acquisitions of several semiconductor firms, enhancing its product matrix and market position in the signal chain and sensor chip sectors [8] Group 5: International Market Positioning - The company has submitted an application for H-share listing on the Hong Kong Stock Exchange, aiming to leverage international capital markets for financing and brand enhancement [9] Group 6: Research and Development - The company has increased its R&D personnel to 1,022, focusing on key technology breakthroughs and patent applications to strengthen its competitive position [9] - A total of 1,550 patents have been applied for, with 768 granted, showcasing the company's commitment to innovation in the semiconductor field [9] Group 7: Corporate Governance and Investor Relations - The company is enhancing its governance structure to meet dual regulatory requirements for A-share and H-share listings, ensuring compliance and transparency [13] - Active investor relations management is prioritized, with multiple communication channels established to maintain transparency and trust with investors [14]