景嘉微(300474) - 景嘉微调研活动信息

Group 1: Company Overview - The company has focused on the research and development of graphics processing chips since its establishment, successfully developing the JM5400, JM7200, and JM9 series chips over more than a decade [2][3]. - The JM9 series chips have been successfully launched and are applied in various fields, including geographic information systems, media processing, CAD design, gaming, and artificial intelligence computing [3]. Group 2: Financial Performance - In 2022, the company achieved total revenue of CNY 115,393.49 million, a year-on-year increase of 5.56%, while net profit was CNY 28,896.40 million, a decrease of 1.29% [4]. - The revenue from specialized radar products and graphics control products increased by 101.30% and 25.01% year-on-year, respectively [4]. - In Q1 2023, total revenue dropped to CNY 6,518.20 million, with a net loss of CNY 7,067.87 million, attributed to a decline in chip product sales due to market demand shrinkage [4]. Group 3: Research and Development - The company has consistently increased its R&D investment, reaching CNY 31,537.72 million in 2022, which is 27% of its total revenue [4]. - The company has developed a series of GPU chips with independent intellectual property rights and has accelerated R&D efforts for the JM9 series [4]. Group 4: Market Strategy and Future Outlook - The company is committed to advancing the domestic GPU industry by collaborating with major CPU manufacturers, operating system vendors, and application developers to build an industry ecosystem [4]. - The company plans to continue exploring mergers and acquisitions to enhance its core competitiveness and maintain sustainable profitability [4].