3PEAK(SH:688536)2024-02-02 10:34Group 1: Company Overview and Performance Forecast - Srypu Microelectronics aims to become a platform chip company focusing on analog and embedded processors, enhancing its signal chain and power management product lines [1] - The company expects 2023 revenue to be between CNY 1.08 billion and CNY 1.095 billion, a decrease of approximately 38.60% to 39.44% compared to the previous year [1] - The projected net profit attributable to shareholders for 2023 is between CNY -30 million and CNY -36 million, with a non-recurring net profit of CNY -105 million to CNY -115 million [1] Group 2: Factors Affecting Performance - The decline in revenue is attributed to economic conditions, industry cycles, and customer inventory reductions, alongside increased market competition leading to price pressure on some products [2] - Despite the overall revenue decline, the company anticipates a fourth-quarter revenue of CNY 267 million to CNY 282 million, representing a growth of 33% to 40% compared to the third quarter [2] Group 3: Strategic Initiatives and Investments - On January 22, the company announced plans to acquire 85.26% of Chuangxin Micro through convertible bonds and cash, with a total transaction value of CNY 890 million [2] - The company plans to repurchase shares worth CNY 100 million to CNY 200 million to enhance investor confidence and support long-term incentive mechanisms [3] - A stock incentive plan was announced on December 23, 2023, granting 1,517,697 restricted shares at a price of CNY 89.08 per share, representing about 1.14% of the total share capital [3]