Sino Wealth(SZ:300327)2022-12-04 09:34Group 1: Company Performance - The company has expanded its market share in home appliance control, motor control, and smart meter fields, with a sales growth of approximately 17% year-on-year in the first half of 2020 [2] - Sales of small appliance control chips have shown steady growth, while overall profit growth has slowed due to increased R&D investment and reduced gross margin [2] Group 2: Lithium Battery Products - The company has established a reasonable market share for its chips in the secondary market, with initial small-scale sales in major brand clients, including mobile phones and laptops [2] - The lithium battery management chip market is still in a growth phase, with a focus on introducing and scaling up with major brand mobile and laptop clients [2] Group 3: WiFi Product Development - The acquired WiFi team is developing new products focused on low power consumption, high compatibility, high reliability, and long transmission distances, marking a significant step in the company's IIoT strategic layout [3] - The higher unit price of WiFi chips compared to home appliance MCUs is expected to provide broader growth opportunities once the products are developed [3] Group 4: R&D Investment - The company plans to gradually increase R&D investment as part of its sustainable development strategy, with the acquisition of the WiFi team leading to a significant increase in R&D expenses this year [3] Group 5: AMOLED Product Line - The subsidiary, Chiping Technology, targets the domestic AMOLED panel market, which is experiencing growing demand for AMOLED display driver chips [3] - The market for AMOLED display driver chips is expected to grow, presenting significant business opportunities in the future [3]