On January 20, China Resources Micro announced that the company expects to achieve a net profit of 2.2085901 billion yuan to 2.2328101 billion yuan belonging to shareholders of listed companies in 2021, an increase of 1.2449285 billion yuan to 1.2691485 billion yuan compared with the same period last year, and an increase of 129% to 132% compared with the same period last year.
In addition, the company expects that the net profit after deducting non-recurring profits and losses belonging to shareholders of listed companies in 2021 will be 2.0402844 billion yuan to 2.0645044 billion yuan, an increase of 1.1871367 billion yuan to 1.2113567 billion yuan compared with the same period last year, and an increase of 139% to 142% compared with the same period last year.
With regard to the reasons for the performance changes, Huarunwei said that in 2021, the company will give full play to the advantages of the IDM model, strengthen its product business, enhance its core technology research and development capabilities, and continue to consolidate its leading position in the domestic power semiconductor field. The company received relatively full orders, the overall capacity utilization rate is higher, the overall performance is significantly better than the same period last year, operating income and gross profit margin have increased compared with the same period last year.
It is understood that China Resources Micro is China's leading semiconductor enterprise with integrated management capabilities of the whole industry chain, such as chip design, wafer manufacturing, packaging and testing, etc. The company has successively integrated Huake Electronics, China Huajing, Shanghai Technology, AVIC Microelectronics and other Chinese semiconductor enterprises. after years of development and a series of integration, the company has become a comprehensive semiconductor enterprise with important influence in China. since 2004, it has been rated as one of the top 100 electronic information enterprises in China by the Ministry of Industry and Information Technology.
At present, 60% of the consumer electronics sector of China Resources Micro's own products comes from areas such as industrial control and automotive electronics. In recent years, the company continues to promote the optimization of product and customer structure, and will continue to increase the share of products in high-end areas such as industrial control in the future. It said that at present, new energy, energy storage, distributed photovoltaic, base stations and other industrial control areas have a higher bearing.
From the perspective of new products, China Resources Micro will achieve faster growth in several aspects in the future.
In IGBT, the company continues to promote the upgrading of applications, industrial and automotive electronics breakthroughs, this year also launched IGBT module products, the IGBT field will have significant growth in 2022.
In terms of MOS, medium and low voltage companies have a leading position and continue to enrich product models and expand high-end customers; high-voltage overjunction MOS production capacity is increased, which is expected to grow rapidly.
In the third generation compound semiconductors, the company has achieved a breakthrough in sales of SiC diodes this year, and is about to launch SiC/MOS products, mainly aimed at high-end industrial control and automotive electronics and other fields.
China Resources Micro said that some of its MOSFET and IGBT products have been used in the automotive sector to achieve sales contribution. Compared with the same period last year, the company's IGBT business grew by more than 70 per cent. At present, 70% of downstream applications come from industrial control and automotive electronics, and the rest are consumer electronics. In the future, the company will continue to increase R & D investment, especially in the third generation compound semiconductors, IGBT, MCU and other fields.
It further said that the company is currently full of orders, order visibility has been maintained at 5-6 months, and remains optimistic about the market in 2022.
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