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Qizhong Technology: Hefei Qizhong Technology Co., Ltd. 2024 Annual Performance Report Announcement
Hefei Qizhong Technology Co., Ltd. 2024 Annual Results Express Announcement
Qizhong Technology (688352.SH): Net income of 0.313 billion yuan in 2024, a year-on-year decrease of 15.71%.
On February 26, Gelonghui reported that Qizhong Technology (688352.SH) announced its annual performance report for 2024. In the fiscal year 2024, the company achieved revenue of 1.96 billion yuan, an increase of 20.29% compared to the previous year; the company's net income attributable to the parent company was 0.313 billion yuan, a decrease of 15.71% compared to the previous year; the net income attributable to the parent company, excluding non-recurring gains and losses, was 0.277 billion yuan, a drop of 18.55% compared to the previous year. The 2024 fiscal year shows a recovery in the demand for packaging and testing of non-display chips such as display driver chips, power management chips, and RF front-end chips, and the company continues to expand.
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Qizhong Technology (688352.SH): The fundraising project "Qizhong Advanced Packaging Testing Production Base Project" has been concluded.
On December 26, 2023, Gelonghui reported that Qizhong Technology (688352.SH) announced that the projects for which fundraising has been completed are the "Qizhong Advanced Packaging Testing Production Base Project" and the "Qizhong Advanced Packaging Testing Production Base Phase II Testing and Research Center Project." These projects have completed investment and reached the designated usable state, meeting the completion conditions. The remaining raised funds of 26.7071 million yuan (this data is an estimated amount; the actual amount will be based on the balance of the fundraising account on the day the funds are transferred) will be permanently used to supplement working capital.