SoC chip business grows rapidly, and Jingchen shares' revenue and net profit both increase in the first half of the year

 On August 16, Jingchen Co., Ltd. released its semi-annual report stating that in the first half of 2021, the company achieved operating income of 2.002 billion yuan, a year-on-year increase of 111.81%; the net profit attributable to shareholders of the listed company was 250 million yuan, turning losses into profits.

Jingchen Co., Ltd. stated that in the first half of the year, the company's smart set-top box SoC chip business achieved a new round of rapid growth, including domestic and overseas markets; the smart TV SoC business developed steadily; the AI ​​audio and video terminal SoC chip business further grew rapidly, and the application areas already covered were further increased, and new application areas were continuously expanded; WiFi Bluetooth chips continued to be optimized and upgraded, and further launched new high-specification products independently developed, and successfully mass-produced for commercial use; the automotive electronic chip business grew steadily.

In terms of R&D investment, the R&D expenses incurred in the first half of the year were RMB 384.1412 million, an increase of 47.24% over the same period of the previous year. Through unremitting R&D investment, Jingchen's overall R&D capabilities have been further improved, product performance has been continuously optimized, and overall competitiveness has been further enhanced.

During the reporting period, the number of new patent applications and patents obtained by Jingchen Co., Ltd. continued to grow. As of June 30, 2021, the company has 11 core technologies, 134 patents, 38 integrated circuit layout designs and 10 software copyrights.