Bluetrum(SH:688332)2024-05-31 07:34Group 1: Company Overview - Zhongke Lanyun specializes in the research, design, and sales of wireless audio SoC chips, with a product line including Bluetooth headset chips, Bluetooth speaker chips, smart wearable chips, and AI voice recognition chips [2] - The company has established a supply chain with major brands such as Xiaomi, Realme, Nokia, and Motorola, among others [2] Group 2: Financial Performance - In Q1 2024, the company achieved a revenue of CNY 363 million, representing a year-on-year increase of 18.19% [2] - The net profit attributable to shareholders was CNY 54.89 million, up 11.07% year-on-year, while the net profit after deducting non-recurring gains and losses was CNY 45.80 million, an increase of 24.27% [2] Group 3: Market Expansion and Client Acquisition - The company is expanding its client base by targeting high-end chip series to penetrate terminal brand customers, aiming for a more comprehensive market layout [3] - Current clients include major brands and e-commerce companies, with plans to further enhance brand recognition and market presence [3] Group 4: Research and Development Investment - The company plans to invest raised funds into projects for upgrading smart Bluetooth audio chips, IoT chip R&D, and integrated Wi-Fi and Bluetooth chip development [3] - As of December 2023, the R&D personnel count reached 216, with ongoing recruitment to support expanding business needs [4] Group 5: Product Development and Future Outlook - The smart wearable business is experiencing rapid growth, with a comprehensive product layout to meet diverse customer needs [4] - The company aims to maintain cost control while enhancing product performance through continuous chip iteration and supplier collaboration [4]