USC(SH:688403) Xin Lang Cai Jing·2025-09-18 07:33Core Viewpoint - The company, Hefei Xinhui Microelectronics Co., Ltd., has shown significant growth in revenue and profit, benefiting from advanced packaging technology and a favorable exchange rate due to RMB depreciation [2][3][8]. Group 1: Company Overview - Hefei Xinhui Microelectronics was established on December 18, 2015, and went public on August 18, 2022. Its main business focuses on gold bumping technology and comprehensive packaging testing services for display driver chips [7]. - The company's revenue composition is 90.25% from display driver chip testing and 9.75% from other services [7]. - As of June 30, 2025, the company had 20,300 shareholders, with an average of 28,512 circulating shares per person, reflecting a slight increase [8]. Group 2: Financial Performance - For the first half of 2025, the company achieved a revenue of 866 million yuan, representing a year-on-year growth of 28.58%, while net profit attributable to shareholders reached 96.04 million yuan, up 60.94% year-on-year [8]. - The company has distributed a total of 161 million yuan in dividends since its A-share listing [8]. Group 3: Market Position and Strategy - The company is recognized as a "specialized, refined, distinctive, and innovative" small giant enterprise, indicating its strong market position and innovation capabilities [3]. - The company is actively investing in research and development, with a reported R&D expenditure of 89.41 million yuan, a 13.38% increase compared to the previous year [2]. Group 4: Market Dynamics - The company's overseas revenue accounted for 54.15% of total revenue, benefiting from the depreciation of the RMB [3]. - The stock has seen a significant increase in trading activity, with a 14.16% rise in share price on September 18, 2023, and a trading volume of 1.486 billion yuan [1].