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Even Though Jiangsu Yitong High-Tech (SZSE:300211) Has Lost CN¥553m Market Cap in Last 7 Days, Shareholders Are Still up 57% Over 5 Years
Jiangsu Yitong High-tech (300211.SZ): The existing Huangshan 3rd generation chip is primarily used for smartwatches, wristbands, and other health devices, and there are currently no new application scenarios being explored.
On February 18, Gelonghui reported that Jiangsu Yitong High-tech (300211.SZ) stated on the investor interaction platform that the ultra-low power AI chip Huangshan 3rd generation, developed by the company, features a dual-core RISC-V high-performance application processor that supports high-load computing such as graphics and UI operations. It is mainly used in health wearable devices like smartwatches, as well as AIoT Internet of Things devices with display functions. Based on its low power consumption and high performance characteristics, the company will continue to explore the possibility of applications in more other scenarios. The existing Huangshan 3rd generation chip is mainly used for smartwatches, wristbands, and other health devices, with no new applications currently available.
Jiangsu Yitong High-tech (300211.SZ): There is no business cooperation with deepseek.
On February 18, Gelonghui reported that Jiangsu Yitong High-tech (300211.SZ) stated on the investor interaction platform that there is no business cooperation with deepseek, and currently there are no plans to integrate DEEPSEEK's AI technology into the company's business scenarios.
Jiangsu Yitong High-Tech Co., Ltd.'s (SZSE:300211) 25% Share Price Surge Not Quite Adding Up
Jiangsu Yitong High-tech (300211.SZ): Expected loss of 26 million to -39 million yuan for the year 2024.
On January 23, Gelonghui reported that Jiangsu Yitong High-tech (300211.SZ) announced its performance forecast for 2024, expecting a net income loss for shareholders of the listed company between 39 million yuan and 26 million yuan, with a year-on-year loss expansion. The net income loss excluding non-recurring gains and losses is projected to be between 48 million yuan and 35 million yuan. During the reporting period, revenue from PPG biological Sensors module business significantly decreased compared to the same period last year, and the overall revenue from Asia Vets monitoring project services also decreased compared to the same period last year. The wired television network transmission equipment business achieved revenue drop due to a decrease in sales volume in overseas markets.
Yitong Technology: 2024 Annual Results Forecast
There's Reason For Concern Over Jiangsu Yitong High-Tech Co., Ltd.'s (SZSE:300211) Massive 59% Price Jump