Shenzhen Injoinic Technology (SH:688209) Xin Lang Cai Jing·2025-09-23 08:42Core Viewpoint - The company, Yingjixin Technology Co., Ltd., is actively involved in the development and sales of power management and fast charging protocol chips, with a focus on automotive electronics and consumer electronics markets. Group 1: Company Overview - Yingjixin was established on November 20, 2014, and went public on April 19, 2022, with its headquarters located in Zhuhai, Guangdong Province [7] - The company's main business revenue composition includes: power management (65.15%), mixed-signal SoC (22.02%), battery management (12.33%), and others (0.49%) [7] - As of June 30, 2025, the company had 13,700 shareholders, a decrease of 5.80% from the previous period, with an average of 21,800 circulating shares per person, an increase of 6.19% [8] Group 2: Financial Performance - For the first half of 2025, Yingjixin achieved operating revenue of 702 million yuan, representing a year-on-year growth of 13.42%, and a net profit attributable to shareholders of 51.92 million yuan, up 32.96% year-on-year [8] - The company has distributed a total of 171 million yuan in dividends since its A-share listing, with 155 million yuan distributed over the past three years [9] Group 3: Market Position and Products - The company has successfully developed automotive-grade charging chips that meet AEC-Q100 standards, which have been adopted by domestic and international automotive manufacturers and are in mass production [2] - Yingjixin's TWS earphone charging case chip offers a highly integrated power solution, supporting deep customization of MCU software, which reduces design complexity and material costs for customers [2] - The company is recognized as a "specialized, refined, distinctive, and innovative" small giant enterprise, indicating its strong market position and innovation capabilities [3] Group 4: Technical Analysis - The average trading cost of the stock is 19.75 yuan, with the current stock price fluctuating between resistance at 21.88 yuan and support at 19.47 yuan, suggesting potential for range trading [6] - The stock has seen a net outflow of 21.72 million yuan today, with a total net outflow of 73.05 million yuan over the past three days, indicating a lack of strong buying interest from major funds [5]