Amlogic(SH:688099) Zheng Quan Shi Bao Wang·2025-09-15 13:16Core Viewpoint - The company, Jingchen Co., Ltd. (688099), announced the acquisition of 100% equity in Chip Micro Semiconductor (Jiaxing) Co., Ltd. for a total consideration of 316 million yuan, aiming to enhance its capabilities in the AIoT sector and expand its product offerings in communication technology [1][2]. Group 1: Acquisition Details - The acquisition will allow Chip Micro to become a wholly-owned subsidiary of Jingchen, integrating its technology and R&D teams into the company's operations [1]. - Chip Micro has a strong presence in wireless communication, with six chip models already in production, contributing to revenue in IoT modules and smart devices [1]. Group 2: Strategic Goals - Jingchen aims to deepen the integration of wide-area network (WAN) AIoT applications by combining WAN communication technology with its platform-level SoC technology [2]. - The company plans to leverage its partnerships with over 250 global operators to expand its AIoT smart terminal offerings across various sectors, including smart cities and public safety [2]. Group 3: Financial Performance - In the first half of the year, Jingchen reported revenue of 3.33 billion yuan, a year-on-year increase of 10.42%, and a net profit of 497 million yuan, up 37.12% [3]. - The company achieved a record high quarterly shipment of nearly 50 million units in Q2, with system-level SoC chips accounting for approximately 44 million units [3]. Group 4: Future Outlook - Jingchen expects stable growth in gross margin due to ongoing high-intensity R&D investments in key areas such as smart connectivity and intelligent automotive solutions [3]. - The company plans to continue investing in AI-related fields, anticipating the launch of new high-performance products with AI capabilities, which will drive future revenue growth [3].