Puya semiconductor(SH:688766)2024-09-18 07:38Financial Performance - The company achieved a revenue of 896 million yuan in the first half of 2024, representing a year-on-year increase of 91.22% and a quarter-on-quarter increase of 21.28% [3][7] - The net profit before non-recurring items was 136 million yuan, while the net profit after non-recurring items reached 151 million yuan, both showing significant growth compared to the same period last year [3] - The company’s storage product shipments reached 3.748 billion units, up 71.44% year-on-year, while "storage+" product shipments surged to 373 million units, marking a 275.36% increase [3] Research and Development - R&D investment amounted to 111 million yuan, accounting for 12.42% of revenue, which is an 18.68% increase from the previous year [3] - The number of R&D and technical personnel reached 227, making up over 60% of the total workforce, indicating a strong focus on innovation [3][7] - The company has been granted 46 invention patents and 51 integrated circuit layout design certificates, establishing a comprehensive intellectual property system [5] Strategic Initiatives - The company is actively expanding its product lines under the "storage" and "storage+" strategies, focusing on NOR Flash and EEPROM products, while also enhancing its MCU product brand recognition [3][5] - The company plans to continue optimizing its existing product lines and exploring new market opportunities, particularly in consumer electronics and smart devices [5][9] - A stock incentive plan has been implemented, covering 75% of all employees, to enhance motivation and align employee interests with company growth [3] Investor Relations - The company has proposed a capital reserve distribution plan, offering a bonus of 1.9 yuan for every 10 shares held, alongside a 10-for-4 stock conversion for all shareholders [3] - The management expressed cautious optimism regarding the demand outlook for the second half of 2024, despite potential inventory adjustments in the downstream market [6][8] - The company emphasized its commitment to maintaining high-quality and steady growth while focusing on core competitiveness and operational efficiency [3][7]