Core Viewpoint - The company has received domestic customer orders for its PCIE switches and voltage converters in the server sector, indicating a positive market response to its new product offerings [1] Group 1: Product Development - The company has launched several products, including the first domestic I3C bus hub series, providing comprehensive solutions for scenarios such as DIMM module management, multi-node storage systems, and smart sensor networks [1] - The company has introduced a complete server signal switch solution covering all interfaces, establishing a product system from PCIE to I2C, USB, SPI, and I3C [1] - Future plans include further development of high-speed interface products such as Retimer and PCIE, enhancing the company's offerings in the server field [1]

Company and Industry Summary Company Overview - The company is a full-line analog chip manufacturer that has successfully delivered products to leading clients in the robotics and server sectors [1][2]. Key Financial Performance - In Q1 2025, the company reported a revenue increase of 19.06% year-over-year, reaching 153 million [1]. - The net profit attributable to the parent company, excluding non-recurring gains and losses, surged by 135.48% year-over-year [1]. - The gross margin improved to 47.45%, an increase of 1.76 percentage points compared to the same period last year [1]. Product Development and Market Strategy - The company has accelerated the launch of differentiated new products, which has contributed to its revenue growth [1]. - The low-voltage, ultra-low-power USB 3.2 Gen 1 Redriver product has been adopted by leading domestic robotics manufacturers, with plans to expand to other robotics firms [1]. - The company is focusing on the robotics sector as a key area for future development, in addition to existing products already in use [1]. - New products such as PCIe switches and level converters have started shipping to major domestic clients [2]. - The company has introduced a series of hub products for the ISC bus, targeting scenarios like DIMM module management, multi-node storage systems, and smart sensor networks [2]. - A comprehensive server signal switch solution has been launched, covering a complete product range from PCIe to I2C, USB, SPI, and I3C [2]. Risk Considerations - The content of the research is based on business exchanges between institutions and the listed company and does not constitute investment research opinions [3].