卓胜微(300782) - 2025年8月22日投资者关系活动记录表

Financial Performance - In the first half of 2025, the company's revenue was 1.703 billion CNY, a year-on-year decrease of 25.42% [4] - The net profit attributable to shareholders was -147 million CNY, a decline of 141.59% compared to the previous year [4] - The gross margin dropped to 28.75% due to high costs from initial production phases and increased competition [4] Product Development and Technology - The company is focusing on high-performance RF front-end chips and modules, enhancing its research and development capabilities [2][3] - Key technologies include 6-inch specialty processes, 12-inch heterogeneous silicon-based processes, and advanced heterogeneous integration [3] - New products launched include L-PAMiD, WiFi7 modules, low-power Bluetooth chips, and automotive ultra-wideband (UWB) chips [4] Market Strategy - The company aims to strengthen its position in the RF industry by expanding its product line and enhancing high-end product offerings [5] - Future focus areas include mobile communication, WiFi wireless connections, and short-range communication technologies, with an emphasis on AI-driven smart hardware [5] - The company plans to explore applications in IoT, smart homes, health monitoring, and automotive electronics [5] Advanced Packaging and Production Capacity - Advanced packaging technologies have been successfully validated by key customers, leading to scale production [6] - The utilization rate of 6-inch and 12-inch production lines is gradually increasing, with future capacity adjustments based on market feedback [6] Inventory and Supply Chain Management - The increase in inventory is attributed to the need for raw material reserves to ensure stable production amid long lead times for certain materials [7] Patent and Legal Matters - The company is actively pursuing patent invalidation against claims made by Murata, with ongoing legal proceedings [7]