Company Overview - Anhui Xindong Link Micro Systems Co., Ltd. was established in 2012 and successfully listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on June 30, 2023, with stock code 688582 [2][3] - The company specializes in the research, testing, and sales of high-performance silicon-based MEMS inertial sensors, forming a complete product system with proprietary intellectual property [3] Financial Performance - In the first half of 2024, the company reported a significant increase in performance: - Revenue grew by 42% year-on-year - Net profit increased by 38% - Deducted non-recurring profit growth approached 60% - Net cash flow from operating activities exceeded net profit [4] - The company announced 122.2 million chip orders expected to be fulfilled in the second half of the year [4] Market Trends - Despite an overall downturn in the market, the company maintained good business growth due to strong market demand, technological innovation, stable competition, product structure optimization, cost control, and strategic layout [4] - There is an increasing demand in the commercial aerospace sector and high-reliability fields, with expectations for growth in the domestic replacement trend for high-performance products [4] Product Development - The company has made significant progress in R&D, particularly in high-precision pressure sensors, which are now in the engineering development stage [5] - New products include an internationally leading FM resonant accelerometer, which matches the performance of quartz accelerometers while offering advantages in size and vibration resistance [5] - The company has achieved notable advancements in three-axis and dual-axis accelerometers, enhancing its technical advantages [5] Production Capacity - The company currently faces no bottlenecks in production capacity and plans to increase wafer orders and expand packaging and testing capacity based on demand [5] Future Outlook - The company is optimistic about market development in the coming years and aims to sustain growth while striving for significant breakthroughs [6]
芯动联科(688582) - 2024年7月31日投资者关系活动记录表