Bluetrum(SH:688332)2024-06-14 10:08Group 1: Company Overview - Zhongke Lanyun specializes in the research, design, and sales of wireless audio SoC chips, with eight main product lines including Bluetooth headset chips and AI voice recognition chips [2] - The company's products are widely used in TWS Bluetooth headsets, smart wearable devices, and IoT devices, and have entered the supply chain of major brands like Xiaomi and Nokia [2][3] 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: Product Development and Innovation - The second quarter of 2024 saw the launch of the BT892X series, which supports real-time translation in 40 languages and features advanced noise reduction technology [3] - The BT896X series has been integrated into Baidu's new AI robot, enhancing user experience with high-resolution audio and AI voice interaction capabilities [3] Group 4: Future Plans and Investments - The company plans to invest raised funds into projects for upgrading smart Bluetooth audio chips and developing IoT chip products, aiming to enhance product performance and expand its product line [3][4] - The company is also focusing on increasing R&D personnel, with the number expected to reach 216 by the end of 2023, to support ongoing product development and market expansion [4] Group 5: Cost Management and Supplier Relations - The R&D team is committed to continuous chip upgrades and cost control, ensuring that expense ratios remain within reasonable limits [4] - The company has established long-term, stable relationships with suppliers to manage inventory effectively and respond to market demand [4]