Core Viewpoint - Company plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance international strategy and attract talent [3][8] Financial Performance - In 2024, the company achieved a net profit of 1.412 billion yuan, a year-on-year increase of 213.1%, marking the highest level since its listing [1][8] - The company's revenue for 2024 was 3.639 billion yuan, up 59.2% year-on-year, with overseas revenue contributing 2.577 billion yuan, accounting for 70.8% of total revenue [1][10] - The gross profit margin for overseas sales was 62.82%, an increase of 0.77 percentage points year-on-year [1][10] Shareholder Returns - The company has announced a share repurchase plan of 200 million to 400 million yuan, which will bring total cash dividends and share repurchases to 3.349 billion yuan since its listing [2][7] - The company has consistently implemented dividends over the past six years, totaling approximately 2.14 billion yuan [4][5] R&D and Innovation - Approximately 75% of the company's employees are engaged in research and development, with R&D expenses in 2024 amounting to 763 million yuan, representing 20.98% of total revenue [8][10] - The company holds 187 authorized invention patents and has maintained a high R&D expense ratio exceeding 15% for three consecutive years [10] Market Position and Growth - The company is a leading player in the memory interface chip market, benefiting from the growing demand for DDR5 memory interface chips and high-performance computing chips driven by the AI industry [9][10] - As of April 22, 2025, the company expects to deliver interconnect chips with a total order value exceeding 1.29 billion yuan [9]

第一季度，下游需求复苏的力度未能催化所有厂商的业绩，江波龙预计半导体存储市场今年3月底开始逐步回暖。 国内多家存储上市公司不直接生产NAND Flash或DRAM两种存储颗粒，但生产或销售与之相关的主控芯片、存储模组、固态硬盘等。近日多家存 储器厂商发布第一季度财报。 其中，江波龙第一季度录得营收42.56亿元，同比有所下滑，净利润亏损1.52亿元。同样录得净利润亏损的是朗科科技。今年第一季度，朗科科技 营收2.34亿元，同比增长5.19%，净利润亏损0.13亿元，亏损同比扩大。 今年第一季度，另有一些存储器厂商录得业绩增长。澜起科技第一季度净利润12.22亿元，同比增长65.78%，净利润5.25亿元，同比增长 135.14%；兆易创新第一季度营收19.09亿元，同比增长17.32%，净利润2.35亿元，同比增长14.57%；香农芯创第一季度营收79.06亿元，同比增长 243.33%，净利润0.17亿元，同比增长18.66%。 冷暖不均的情况，在近日披露的2024年财报中也体现了。2024年，朗科科技营收8.29亿元，同比减少23.73%，净利润亏损0.99亿元，亏损同比扩 大。香农芯创2024年营收24 ...