Jingjiawei: JM9 series graphics processing chips are currently in the testing stage

Recently, Jingjiawei stated in an institutional survey that the company has always adhered to the rolling product development strategy of "pre-researching a batch, finalizing a batch, and producing a batch". The JM9 series of graphics processing chips are currently in the testing stage. While ensuring the testing and debugging of the previous generation of chips, the company continues to promote the research and development of subsequent products to achieve continuous and rapid development of the company's products.

It is understood that Jingjiawei has been committed to the research and development and production of integrated circuit design, graphics processing unit (GPU) chips, graphics and image processing systems, etc. since its establishment. The company has established a professional R&D team. After years of R&D accumulation, it has profound R&D experience and has formed more than 100 patent inventions. Based on basic theoretical research, the company starts from mathematical formulas and fully realizes independent R&D in architecture design, algorithm model, principle verification, hardware implementation, driver development and other links.

It said that the domestic chip design industry started late and there is a certain gap with foreign cutting-edge technology. As the first domestic company to successfully develop GPU chips with completely independent intellectual property rights and realize engineering applications, the company has certain technical advantages in the field of GPU chip design. The company will also improve its R&D level by continuously increasing R&D investment and gradually narrowing the technological gap with foreign countries.

In the first three quarters of 2021, Jingjiawei achieved total revenue of 813.4501 million yuan, an increase of 74.50% over the same period last year, and net profit of 249.4532 million yuan, an increase of 70% over the same period last year. In the third quarter of 2021, Jingjiawei achieved revenue of 338.3431 million yuan, an increase of 115.95% over the same period last year, and net profit of 123.6415 million yuan, an increase of 114.75% over the same period last year. It said that with the continuous efforts of the company's graphics processing chips in the general market, the scale of revenue and profit has achieved substantial growth.

In terms of R&D investment, Jingjiawei invested 52.981 million yuan in R&D in the third quarter of 2021, a year-on-year increase of 62.68%. It has introduced more than 300 high-end talents. Currently, the company's R&D team has 797 people, accounting for 67.89% of the company's total employees. The company said that it has always insisted on investing heavily in R&D, constantly consolidating the company's technological leadership and enhancing the company's core competitiveness.