Goke(SZ:300672) Zhong Zheng Wang·2025-08-29 09:37Core Insights - The company reported a revenue of 741 million yuan and a net profit attributable to shareholders of 20.12 million yuan for the first half of 2025, with a year-on-year growth in net profit of 9.42% [1] - The company has increased its R&D investment to 323 million yuan, resulting in an R&D expense ratio of 43.60% [1] - The overall gross margin improved to 28.72%, an increase of 11.08 percentage points compared to the same period last year [1] IoT Chip Business - The sales revenue from the IoT chip series reached 128 million yuan, marking a significant year-on-year growth of 251.37%, accounting for 17.28% of total revenue [2] - The gross margin for this segment increased to 41.07%, up by 26.93 percentage points year-on-year [2] - The company has focused on several wireless LAN chip models, including Wi-Fi41T1R, Wi-Fi62T2R, and Wi-Fi61T1R, which are characterized by high integration, performance, and low power consumption [2] Video Product Matrix - In the smart vision product segment, the company achieved sales revenue of 342 million yuan, representing 46.06% of total revenue [3] - The company has developed a complete product matrix covering high, medium, and low-end products, including the high-end 4K AI ISP chip series GK7606V1, which has already been mass-produced [3] - The ultra-high-definition smart display chip series generated sales revenue of 247 million yuan, accounting for 33.38% of total revenue, with significant market penetration in cable and IPTV operator markets [3] AI Strategy - The company is advancing its "ALL IN AI" strategy, focusing on AI edge computing SoC development based on self-developed MLPU technology [4] - The company is actively building an AI ecosystem, with partnerships covering major domestic edge model companies, aiming for the launch of AI SoC series products by 2025 [4] - The company is optimizing and adapting to large models, providing a comprehensive toolchain for model deployment and application development [4]