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Giantec Semiconductor Corporation (SHSE:688123) Not Lagging Market On Growth Or Pricing
Announcement of the 2024 annual results advance increase of Juchen Co., Ltd.
Giantec Semiconductor Corporation (688123.SH): Expected net income growth of 174.02% to 203.91% year-on-year in 2024.
Giantec Semiconductor Corporation (688123.SH) announced on January 17 that 1. According to preliminary estimates by the financial department, the company expects to achieve a net income attributable to the owners of the parent company of 275 million yuan to 305 million yuan in 2024, an increase of 174.6421 million yuan to 204.6421 million yuan compared to the same period last year, representing a year-on-year growth of 174.02% to 203.91%. 2. According to preliminary estimates by the financial department, the company expects to achieve a net income attributable to the owners of the parent company, excluding non-recurring gains and losses, of 250 million yuan to 28.
Estimating The Fair Value Of Giantec Semiconductor Corporation (SHSE:688123)
Giantec Semiconductor Corporation (688123.SH): Currently has a full range of automotive-grade EEPROM products with A1 and below ratings.
On December 27th, Giantec Semiconductor Corporation (688123.SH) stated during a tour for institutional investors that the company currently possesses a full range of automotive-grade EEPROM products rated A1 and below, widely used in the intelligent cockpit, three electric systems, visual perception, chassis transmission, and micro machines across dozens of sub-modules. The company closely collaborates with major domestic and international auto manufacturers and numerous leading Tier 1 automotive electronic suppliers, accelerating its penetration into the core components of the auto sector.
Giantec Semiconductor Corporation (688123.SH): The NOR Flash Business continued to maintain strong growth in the third quarter.
On December 27, Giantec Semiconductor Corporation (688123.SH) stated during a meeting with institutional investors that in the third quarter, the company's NOR Flash Business continued to maintain strong growth, with quarterly sales exceeding the total shipment volume of the entire first half of the year. Customer recognition and brand influence are continuously improving, and market applications are experiencing rapid growth. Currently, supplies are mainly provided to various application markets including e-cigarettes, TWS Bluetooth headphones, and AMOLED smartphone screens.