FHM(SZ:300613)2022-12-05 06:44Financial Performance - The company achieved a revenue of 282 million CNY in the first half of 2020, representing a year-on-year increase of 28.84% [3] - The net profit attributable to shareholders was 43.94 million CNY, with a year-on-year growth of 18.72% [3] - The overall gross profit margin stabilized with a slight increase [3] Market Challenges - The second quarter sales were significantly impacted by the pandemic, leading to a decrease in orders due to cautious inventory strategies from downstream clients [3] - Despite the challenges, there are signs of recovery in orders as of late August, with some regions resuming operations [3] Product Development and Market Position - The company has been focusing on the IPC SoC market for two years, which has shown a positive contribution to revenue [3] - The IPC SoC series chips are designed for industrial-grade quality, targeting the security market with features like low-light performance and low power consumption [4] - The company is actively increasing R&D investments to meet diverse customer needs across various product lines [4] Future Strategies - The company plans to establish a wholly-owned subsidiary in Chengdu to leverage local resources and accelerate R&D efforts [5] - Recruitment of R&D talent is being prioritized through various channels, including campus recruitment and headhunting [5] Investment and Partnerships - The company is investing in related enterprises to cover the entire video processing chip spectrum, from front-end camera chips to back-end DVR and NVR systems [4]