Jingchen shares achieved operating income of 3.016 billion yuan in the first half of 2024

Jingchen Co., Ltd. achieved operating income of 3.016 billion yuan in the first half of 2024, a year-on-year increase of 28.33%. Net profit attributable to shareholders of listed companies was 362 million yuan, a year-on-year increase of 96.06%, almost doubling. Multimedia smart terminal SoC chips are the core source of income for Jingchen Co., Ltd. In particular, the T series chips are widely used in smart TVs, smart projectors, smart commercial displays and other fields. In terms of wireless connection chips, the company's W series Wi-Fi 6 products have been quickly recognized in the market. Orders for W series products continued to grow, and shipments in the second quarter accounted for more than 8% of the company's overall shipments in the same period. Automotive electronic chips are one of the areas that Jingchen Co., Ltd. has actively deployed in recent years. The company has made important progress in in-vehicle infotainment systems and smart cockpit chips, and has entered well-known car companies such as BMW, Lincoln, Jeep, Volvo, and Skyworth, and has achieved large-scale production and sales. Jingchen Co., Ltd.'s main business focuses on the research and development, design and sales of system-level SoC chips and peripheral chips, and its products are widely used in multiple fields. In the first half of 2024, the company's R&D expenses were 674 million yuan, a year-on-year increase of 10.91%.