GUOXIN MICRO(SZ:002049)2023-04-10 09:10Group 1: Company Overview and Strategy - The company aims to become a renowned international semiconductor company, with over 90.35% of its business being international [1] - The company has a strong confidence in its development direction, quality assets, technological accumulation, and team capabilities [1] - The company is focused on enhancing its core business and continuously improving its internal value to reward shareholders [2] Group 2: Financial Performance and Market Position - The company reported a stable order situation and aims to maintain a relatively stable gross profit margin despite market fluctuations [2] - The company holds a 29.2% stake in its subsidiary, Ziguang Tongchuang, which is involved in FPGA products [3] - The company’s revenue from special integrated circuits is not significantly affected by price pressures from customers [1] Group 3: Stock Repurchase and Shareholder Relations - The company plans to repurchase shares at a price not exceeding RMB 130.00 per share, which is based on the average trading price over the previous 30 trading days [10] - If the stock price remains above RMB 130, the repurchase plan may not be implemented [10] - The company is currently in the process of opening accounts for the repurchase and will disclose information after the first repurchase [10] Group 4: Research and Development - The company is actively developing new FPGA products for AI applications and has a series of mature products [11] - The company emphasizes continuous R&D investment to maintain its competitive edge in technology and products [11] - The company is involved in the development of high-speed RF ADC series chips and related clock series chips [2] Group 5: Market Dynamics and Challenges - The company faces a stable competitive landscape in the special chip market, with a strong supply chain and production capacity [8] - The company’s inventory increase is due to strategic stocking rather than unsold products [8] - The company assesses that its business is not currently affected by Western countries' restrictions [7]