Jiangsu Jiejie Microelectronics (300623.SZ) announced the performance forecast for the first three quarters on October 15, with an expected net income attributable to shareholders of the listed company of 0.314 billion yuan to 0.356 billion yuan, an increase of 120% to 150% compared to the same period last year; the net income after deducting non-recurring gains and losses is 0.262 billion yuan to 0.296 billion yuan, an increase of 130% to 160% compared to the same period last year.
During the reporting period, the semiconductor industry experienced a moderate recovery. The company focused on the development direction of the main business, market-oriented and driven by innovation. Benefiting from factors such as gradual warming of downstream market application areas, product structure upgrades, and customer demand growth, the company's comprehensive production capacity increased in the first three quarters of 2024. The capacity utilization rate remained at a relatively high level. The company seized the opportunity of power semiconductor device import substitution and product structure upgrades, combined with customer demand growth, to expand into downstream application areas. This led to an effective improvement in the core business sector under the IDM model, with the company's revenue and net income attributable to shareholders increasing from the same period last year. Non-recurring gains and losses had an impact of approximately 51.7 million yuan on net income.
