Lontium(SH:688486) 智通财经网·2025-12-22 23:32Company Overview - Longxin Semiconductor (Hefei) Co., Ltd. is a leading high-speed mixed-signal chip design company focused on building efficient and reliable "data highways" for smart terminals, devices, and AI applications. Its products enable seamless data transmission and processing, with applications in smart visual terminals, automotive, AR/VR devices, and high-performance computing (HPC) [3] - According to Frost & Sullivan, Longxin ranks first in the domestic video bridging chip market and is among the top five fabless design companies globally based on revenue in 2024 [3] Financial Performance - For the fiscal years 2022, 2023, and 2024, Longxin's revenue was approximately RMB 241 million, RMB 323 million, and RMB 466 million, respectively. For the nine months ending September 30, 2024, and 2025, the revenue was RMB 334 million and RMB 389 million, respectively [5] - The company's profit for the same periods was RMB 69.21 million, RMB 103 million, and RMB 144 million, with profits for the nine months ending September 30, 2024, and 2025 being RMB 93.99 million and RMB 124.51 million, respectively [6] Industry Overview - The global market for smart video chips is projected to recover in 2024, with a compound annual growth rate (CAGR) of 7.4%, growing from RMB 1,090 billion in 2025 to RMB 1,450 billion by 2029. This growth is driven by the recovery of the economy and the upgrading of downstream applications such as AR/VR and smart automotive [8] - Video bridging chips and video processing chips are expected to be the fastest-growing segments, with respective CAGRs of 15.5% and 12.1% from 2025 to 2029, driven by increasing demand for high-speed and stable signal bridging in smart visual terminals and automotive applications [9][10] - The global interconnect chip market is anticipated to grow from RMB 1,395 billion in 2025 to RMB 2,904 billion by 2029, with a CAGR of 20.1%, fueled by the increasing demand for data processing and visual display in the AI era [12]