Wingtech Technology's semiconductor business performs strongly

In the third quarter of 2024, Wingtech Technology's semiconductor business achieved revenue of 3.832 billion yuan, a month-on-month increase of 5.86%. The gross profit margin of the business was 40.5%, an increase of 2.8 percentage points year-on-year and 1.8 percentage points month-on-month. Net profit was 666 million yuan, a month-on-month increase of 18.92%. During this period, the company's revenue in the automotive, industrial and power sectors remained stable, while other consumer electronics such as mobile and wearable devices, computer equipment, and consumer sectors recovered rapidly month-on-month.