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Huicheng Co., Ltd.: 2024 Annual Results Express Announcement
2024 Annual Results Express Announcement
Huicheng Co., Ltd. (688403.SH): In 2024, the net income is 0.16 billion yuan, a decrease of 18.48% compared to the previous year.
On February 27, Gelonghui announced that Huicheng Co., Ltd. (688403.SH) released its performance report for the 2024 fiscal year. During the reporting period, the company achieved a total operating income of 1,501.0197 million yuan, an increase of 21.22% compared to the same period last year; the net income attributable to parent company owners was 159.7642 million yuan, a decrease of 18.48% compared to the same period last year; the net income attributable to parent company owners, excluding non-recurring gains and losses, was 133.9941 million yuan, a decrease of 20.33% compared to the same period last year. During the reporting period, with the implementation of the company's Convertible Bonds fundraising projects, new production capacity was gradually released, and customers.
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Huicheng Co., Ltd. (688403.SH): The company has not yet learned that the tested chips have been applied to AI glasses related products.
On December 12, Glonghui reported that Huicheng Co., Ltd. (688403.SH) stated on the interactive platform that the company is a high-end advanced packaging and testing service provider for integrated circuits, currently focusing on the display driver chip field, mainly applied in various mainstream panels such as LCD and AMOLED. The company adopts an OSAT model to provide chip packaging and testing services commissioned by chip design companies. The packaged chips are currently mainly used in terminal products such as Smart Phones, high-definition Televisions, laptops, tablets, and Smart Clothing. Based on the information provided by customers and downstream links, the company has not yet learned whether the packaged chips will ultimately be applied to AI glasses.