Bluetrum(SH:688332)2024-11-29 08:35Group 1: Company Overview - Zhongke Lanyun focuses on the research, design, and sales of wireless audio SoC chips, with eight main product lines including Bluetooth headset chips and AI voice recognition chips [2] - The company has established a supply system with major brands such as Xiaomi, Realme, and Philips, achieving a revenue of 1.248 billion CNY in the first three quarters of 2024, a year-on-year increase of 4.80% [2] Group 2: Financial Performance - The net profit attributable to shareholders for the first three quarters of 2024 reached 175 million CNY, representing a year-on-year growth of 26.45% [2] - The company's gross profit margin improved in Q3 2024 due to the launch of high-margin products and the seasonal increase in consumer demand [5] Group 3: AI and Product Development - The company has partnered with ByteDance's Volcano Engine to develop AI solutions for headphones, with the BT895x chip supporting high-performance voice processing and audio transmission [3] - The second-generation Xunlong chip has been recognized for its cost-effectiveness and is being adopted by various brands, including Realme and Anker [4] Group 4: Market Strategy and Future Plans - Zhongke Lanyun has been actively exploring mergers and acquisitions to enhance its technological capabilities and product offerings [4] - The company plans to invest in the development of smart wearable technology, including AI glasses, to strengthen its market position [5]