Zhuosheng Weiwei's share price hit an all-time high: its market capitalization exceeded 150 billion yuan, ranking third in the semiconductor industry.

On June 9, Zhuo Shengwei's share price continued to rise, reaching as high as 454.60 yuan per share. As of press time, the intraday increase was more than 6%, and the total market capitalization reached 151.3 billion yuan, marking that Zhuoshengwei officially broke through the 150 billion yuan mark! At the same time, its market capitalization ranks third in the semiconductor sector, second only to SMIC and Weir shares.

In addition, benefiting from the outbreak of RF front-end demand, its performance growth is also considerable. In the first quarter of 2021, the net profit attributed to the owner of the parent company was 492 million yuan, up 224.34% from the same period last year; operating income was 1.183 billion yuan, up 162.37% from the same period last year; and basic earnings per share was 2.6826 yuan, up 218.07% from the same period last year.

In 2020, its operating income was 2.792 billion yuan, an increase of 84.62% over the same period last year; the net profit belonging to shareholders of listed companies was 1.073 billion yuan, up 115.78% from the same period last year; and the net profit belonging to shareholders of listed companies after deducting non-recurring profits and losses was 1.03 billion yuan, up 111.66% from the same period last year.

With regard to the substantial growth in operating performance, it said that the main reason is that the development of 5G communication technology has led to the rapid growth of RF front-end market demand, and the company has seized the opportunity of 5G and domestic alternative development to constantly enrich and optimize the product structure. While maintaining the competitive advantage of RF discrete devices, continue to promote the marketization process of RF module products. At the same time, its RF module products have been gradually adopted into mass production by many well-known manufacturers, the product structure has been further optimized and adjusted, and customer penetration continues to improve.

In 2021, Zhuo Shengwei will focus on the layout of RF module products, the construction of A-share investment projects issued to specific targets, and the construction of foreign investment projects.