Halo Micro(SH:688173) Xin Lang Cai Jing·2025-12-07 15:04Core Viewpoint - The company, Xidiwei, is facing ongoing financial challenges despite significant revenue growth, with major shareholders planning to reduce their stake in the company [1][4]. Group 1: Company Overview - Xidiwei is a leading domestic supplier of power management and signal chain chips, focusing on high-performance analog and mixed-signal chip development, design, and sales [3][6]. - The company has successfully developed a series of high-efficiency, high-precision, and high-reliability products, including DC/DC chips and super-fast charging chips, which have entered the supply chains of major brands like Xiaomi and OPPO [3][6]. Group 2: Financial Performance - Since its listing in 2022, Xidiwei has faced continuous pressure on its performance, with cumulative losses of 360 million yuan from 2022 to 2024, despite a pre-listing net profit of 26 million yuan in 2021 [3][6]. - For the first three quarters of 2025, the company reported revenue of 717 million yuan, a year-on-year increase of 107.81%, while the net profit attributable to shareholders was -76 million yuan, representing a 60.94% reduction in losses compared to the previous year [4][7]. - The company has managed to reduce sales expenses and improve operational efficiency, contributing to a narrowing of losses as the market environment stabilizes [4][7].