Oriental Semi(SH:688261)2024-11-18 09:58Group 1: R&D Investment - In the first three quarters of 2024, the company's R&D expenses amounted to 54.6943 million yuan, accounting for 8.04% of total operating revenue [1] - The company continues to maintain a forward-looking R&D investment strategy, focusing on materials, employee compensation, and R&D equipment [1] - The main products, including high-voltage super junction MOSFETs and medium-low voltage shielded gate MOSFETs, have expanded from 8-inch to 12-inch foundries [1] Group 2: Financial Performance - For the first nine months of 2024, the company achieved operating revenue of 680.518 million yuan, a decrease of 11.62% compared to the same period last year [3] - The net profit attributable to shareholders was 30.638 million yuan, down 76.73% year-on-year [3] - In Q3 2024, the operating revenue was 260.9836 million yuan, reflecting a quarter-on-quarter growth of 5.91% [3] - The net profit for Q3 2024 was 13.6966 million yuan, with an 8.30% increase from the previous quarter [3] Group 3: Market Conditions and Strategy - The company's performance has been impacted by global economic uncertainties and intensified competition, leading to a decline in product sales prices compared to last year [3] - Despite the decrease in sales prices, the company has optimized its product mix and upgraded its process platforms, resulting in an increase in sales volume of high-voltage super junction MOSFETs [3] - The company plans to steadily expand its overseas market while focusing on the domestic market, considering geopolitical and monetary policy factors [3] Group 4: Acquisition Plans - The company is actively looking for acquisition opportunities within the upstream and downstream of the industry chain while focusing on its core business development [5] - Any future acquisition plans will be disclosed in accordance with legal regulations [5]