捷捷微电(300623) - 捷捷微电调研活动信息

Group 1: Company Overview - Jiangsu Jiejie Microelectronics Co., Ltd. specializes in the research, design, production, and sales of power semiconductor chips and devices, with a focus on advanced chip technology and packaging design [1][5]. - The company operates an IDM (Integrated Device Manufacturer) business model, integrating chip design, manufacturing, and sales [5][7]. Group 2: Financial Performance - For the first half of 2021, the company achieved a revenue of 85,180.13 million CNY, representing a year-on-year growth of 109.03% [5][6]. - Revenue from power semiconductor chips was 15,706.02 million CNY, an increase of 25.03% compared to the same period last year [5][6]. - The gross profit margin for power semiconductor chips was 41.64%, up by 6.53% year-on-year [5][6]. Group 3: Market Dynamics - The company's strong performance is attributed to several factors, including ongoing national support for the semiconductor industry, increased domestic substitution for imported products due to supply chain disruptions caused by the COVID-19 pandemic, and the successful execution of IPO projects [6][9]. - The company maintains a high capacity utilization rate, with orders filled until the end of the year, driven by increased demand and reduced overseas production capacity [9][10]. Group 4: Product Pricing and Cost Management - The company has adjusted prices for certain products, with increases ranging from 10% to 25% for specific MOSFET products due to rising raw material costs [6][7]. - The gross profit margin for power semiconductor devices was 49.46%, showing a slight decrease of 0.46% year-on-year [5][6]. Group 5: Future Outlook and Projects - The company is expanding its production capacity with a new high-end power semiconductor project in Nantong, which is expected to take two years to complete [9][10]. - The Shanghai Lingang team achieved a revenue of 54.26 million CNY in the first half of 2021, a significant increase of 11,609.5% year-on-year, with a target revenue of 100 million CNY for the year [8][9].