FMSH(688385)2024-09-27 09:37Group 1: Revenue Breakdown - In the first half of 2024, the revenue from the safety and identification product line was approximately CNY 370 million [1] - The non-volatile memory product line generated sales revenue of about CNY 599 million [1] - The smart meter chip product line's sales revenue was around CNY 212 million [1] - The FPGA and other products generated sales revenue of approximately CNY 553 million [1] - The testing services subsidiary, Hualing Co., achieved revenue of about CNY 130 million, with consolidated revenue after elimination being approximately CNY 58 million [2] Group 2: FPGA Business Insights - FPGA chips are ideal solutions in fields with frequent iterations and significant technological uncertainties, such as 5G communication and artificial intelligence [1] - The company is one of the leading domestic firms in the FPGA sector, providing low-cost, low-power, high-performance, and highly reliable product series for applications in computer vision, machine learning, and high-speed digital processing [1] - The market for FPGA and PSoC products is expected to expand as their applications continue to develop [1] Group 3: MCU and Industrial Expansion - The company's MCU products have a dispersed demand in the industrial sector, including power and industrial control instruments [1] - There are plans to expand business in the automotive and industrial sectors [1] Group 4: Testing Services and Market Trends - Hualing Co. is actively developing its business in integrated circuit testing technology and professional services [2] - After adjustments in 2023, the storage product line is experiencing a recovery in 2024, with significant sales growth and stable pricing for consumer and industrial-grade SPI NAND and NOR products [2] - The company offers FPGA products tailored for artificial intelligence applications across various sectors, including smart security, smart industry, smart agriculture, and smart logistics [2]