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Lexin Technology: Lexin Technology 2024 Annual Performance Report Announcement
Lexin Technology 2024 Annual Performance Report Announcement
Espressif Systems (688018.SH): The net income for the year 2024 is 0.34 billion yuan, an increase of 149.54% year-on-year.
On February 27, Gelonghui reported that Espressif Systems (688018.SH) announced its performance forecast for the fiscal year 2024, with revenue reaching 2006.9197 million yuan, an increase of 40.04% year-on-year; the net income attributable to the parent company's shareholders was 339.8874 million yuan, an increase of 149.54% year-on-year. Excluding the impact of structured deposit income and government grants, the net income attributable to the parent company's shareholders after deducting non-recurring gains and losses during the reporting period was 308.9225 million yuan, an increase of 183.40% year-on-year. The growth in this period's revenue is mainly due to downstream industries.
Industrial Securities: The recovery of AIoT demand combined with the catalysis of edge-side AI brings new development opportunities for the Wi-Fi Industry Chain.
Wi-Fi chips are at the upstream of the Industry Chain, as one end of the smile curve, representing the core of the Industry Chain value.
Espressif Systems (Shanghai) Co., Ltd.'s (SHSE:688018) Most Bullish Insider Is CEO Swee Ann Teo, and Their Holdings Value Went up by 3.7% Last Week
Famous Analyst published an article indicating that the trend of backend AI is expected to accelerate after DeepSeek gains popularity.
① Renowned Analyst Ming-Chi Kuo recently stated that after DeepSeek became popular, the trend of edge AI will accelerate. ② Soochow's Wang Zijing believes that small teams can distill advanced small models (suitable for various edge mini scenarios) without the need for significant asset investment, and that edge computing power can run small models, with 2025 potentially being the breakout year for edge computing.