Core Viewpoint - Company has made significant progress in market expansion by entering NVIDIA's supply chain, which is expected to boost its overseas revenue further [1][2][3] Group 1: Financial Performance - Company has achieved continuous high growth in net profit for eight consecutive quarters since Q3 2023, with a projected revenue of 25.731 billion yuan in 2024, representing a year-on-year increase of 22.41% [2] - The net profit attributable to shareholders is expected to reach 3.323 billion yuan in 2024, showing a remarkable year-on-year growth of 498.11% [2] - Overseas revenue is projected to be 20.961 billion yuan in 2024, with a year-on-year increase of 14.35%, accounting for over 81% of total revenue [2] Group 2: Business Development - Company has entered NVIDIA's supply chain to support the NVIDIA DRIVE AGXThor ecosystem, utilizing advanced imaging solutions for next-generation smart driving vehicles [1][2] - The company's sensor data can integrate directly with NVIDIA's Blackwell GPU for real-time processing and fusion of multi-camera images [2] - Company is also collaborating with toolchain suppliers like AdaCore and QNX to provide comprehensive support from hardware to software, reducing development barriers for clients [2] Group 3: Market Position and Strategy - Company is recognized as one of the top ten fabless semiconductor companies globally, with a significant portion of its revenue derived from international markets [2][4] - The company is pursuing an IPO in Hong Kong to accelerate its international development, having submitted its application to the Hong Kong Stock Exchange [3] - The company has rebranded from Weir Shares to reflect its comprehensive industry layout and actual situation after acquiring a leading image sensor design company [4] Group 4: Revenue Breakdown - In the first half of 2025, the company achieved a revenue of 13.956 billion yuan, marking a year-on-year increase of 15.42%, with a net profit of 2.028 billion yuan, up 48.34% [4] - The semiconductor design business contributed 11.572 billion yuan in revenue, accounting for 83.01% of total revenue, with a year-on-year growth of 11.08% [5] - The image sensor solutions business generated 10.346 billion yuan, representing 74.21% of the main business revenue, with an increase of 11.10% year-on-year [6] Group 5: Growth Drivers - The company's IoT image sensor revenue surged by 249.42% year-on-year, becoming a new growth driver [6] - Revenue from automotive-related image sensors reached 3.789 billion yuan, reflecting a year-on-year growth of 30.04% [6] - Revenue from the smartphone sector for image sensors was 3.92 billion yuan in the first half of the year [6] Group 6: R&D Investment - R&D expenses have been increasing annually, with amounts of 2.11 billion yuan, 2.496 billion yuan, 2.234 billion yuan, and 2.622 billion yuan from 2021 to 2024 [6] - In the first half of 2025, R&D expenses were 1.365 billion yuan, showing a year-on-year increase of 8.7% [6]