PRIMARIUS(SH:688206)2023-11-22 10:24Group 1: Company Development and Strategy - In Q3 2023, the company completed the acquisition of 100% equity in Magwel, enhancing its competitiveness in chip design [1] - The establishment of an office in Belgium aims to attract EDA talent in Europe and expand market reach [2] - The company is participating in an EDA industry investment fund, supported by notable institutions, to drive business expansion and technical collaboration [2] Group 2: Financial Performance and Shareholder Information - As of September 30, 2023, the total number of common shareholders was 12,107 [3] - The company distributed cash dividends of 8,676,088.90 CNY in 2021, accounting for 30.33% of net profit, and 30,366,311.15 CNY in 2022, accounting for 67.65% of net profit [3] - The company reported a net profit of approximately -8.66 million CNY after adjusting for stock incentive plan costs, with R&D expenses reaching 149.78 million CNY, a 73.64% increase year-on-year [3] Group 3: R&D and Product Development - R&D investment accounted for 67.47% of revenue, reflecting a 16.94 percentage point increase year-on-year [3] - The company is focused on enhancing product competitiveness through increased R&D investment and expanding its customer base [4] - The company has developed a full-process solution for analog design EDA, which has received positive feedback from strategic customers [5] Group 4: Market Trends and Future Outlook - The EDA industry is expected to benefit from the recovery of the integrated circuit industry, which is cyclical and seasonal [4] - The integration of AI in EDA is recognized as a significant trend, with the company committed to leveraging AI technologies to improve product performance and efficiency [6] - The company is actively pursuing collaborations to enhance its EDA ecosystem and has made significant progress in partnerships with domestic firms [5]