Huicheng Co., Ltd. (688403): Focused on high-value segmented fields as a DDI packaging manufacturer (Research Series on Midstream Semiconductors part ten).

Investment highlights: Focus on DDI packaging manufacturers in high-value segments. Huicheng Co., Ltd. focuses on the core business of front-end gold bump manufacturing (Gold Bumping), integrating wafer testing (CP) and back-end Glass packaging.

SWHY researchDec 20 16:06

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.

Gelonghui FinanceDec 12 18:38

Hui Cheng Shares (688403): Q3 revenue continues to grow steadily month-on-month, looking forward to the release of new production capacity for high-end testing platforms.

Event: The company released its third quarter report for 2024, achieving a revenue of 1.07 billion yuan in the first three quarters of 2024, a year-on-year increase of 19.52%; achieving a net income attributable to the parent company of 0.101 billion yuan, a year-on-year decrease of 29.02%;

china great wall securitiesOct 24 00:00

Huicheng shares: report for the third quarter of 2024

SZSIOct 24 00:00 · Announcements

Third Quarter Report 2024

SZSIOct 24 00:00 · Announcements

Convertible bonds project construction leads to increased depreciation, Huicheng shares' revenue increased in the first three quarters but not profit. The utilization rate and production capacity continue to improve.

①Huicheng Co.,Ltd.'s latest financial report shows that it achieved revenue of 1.07 billion yuan in the first three quarters of this year, a year-on-year increase of 19.52%; net income attributable to shareholders was 0.1 billion yuan, a year-on-year decrease of 29.02%. ②Huicheng Co.,Ltd. stated that the decrease in net income is mainly due to the continued advancement of convertible bonds investment projects, continuous expansion of production capacity, and increased related expenses such as depreciation of fixed assets.

cls.cnOct 23 20:57