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Business scale expanded, Aiwei Electronics 2021 net profit increased by 183.56% year-on-year

Business scale expanded, Aiwei Electronics 2021 net profit increased by 183.56% year-on-year

Jiwei Network News (Wen/Chen Wei) On April 16, Ai Wei Electronics released its 2021 annual report, saying that the company achieved operating income of 2.327 billion yuan in 2021, an increase of 61.86% year-on-year; net profit attributable to owners of the parent company of 288 million yuan, an increase of 183.56% year-on-year; net profit after deducting non-recurring gains and losses of 247 million yuan, an increase of 175.04% year-on-year.

Business scale expanded, Aiwei Electronics 2021 net profit increased by 183.56% year-on-year

The report shows that the operating income in 2021 increased by 61.86%, mainly due to the continuous expansion of the market by Ai Wei Electronics in 2021, the growth of end customer demand and the development of new products, resulting in an increase in business scale; the net profit attributable to the shareholders of the listed company and the net profit attributable to the shareholders of the listed company after deducting non-recurring gains and losses increased by 183.56% and 175.04% respectively, mainly due to the large growth of Ai Wei Electronics revenue, total profit, and the company as a key integrated circuit enterprise. Enjoy tax incentives and R&D expenses plus deduction preferential policies.

Ai Wei Electronics said that during the reporting period, with the vigorous development of the integrated circuit industry, the industry boom continued to improve, the downstream application field demand was strong, and the company's audio power amplifier chips, power management chips, RF front-end chips, and motor driver chips achieved good growth in four categories. The company's product categories continue to enrich, with more than 200 new product models, accumulating a total of about 800 product models by the end of the reporting period; product sub-categories reached 41 categories, and the sales volume of products in 2021 was about 4.3 billion.

In addition, during the reporting period, most of Aiwei Electronics' various products achieved a comprehensive application layout from hardware, software to algorithms. Among them, the audio power amplifier took the lead in launching a variety of 12-inch 90nmBCD high-voltage audio power amplifier products in China, and successfully laid out the high-power application areas, and launched a new generation of SKTuneV5 algorithm; power management launched new products including Chargeer, LDO, DC/DC, LCD Bias, Load Switch, MOS and other product sub-categories, forming a power management chip platform layout; motor driver awinic Tik Tap4D haptic algorithm combined with hardware chips to achieve a software and hardware integration solution, in the same year Ai Wei participated in the first mobile game haptic feedback international standard led by Tencent and Xiaomi - IEEEP2861 to develop and land; RF front-end company launched new products including LNABANK, 5GSRSRF switch, BTFEM products, etc.

Ai Wei Electronics also pointed out that during the reporting period, under the condition of tight external third-party laboratory resources, the company's reliability laboratory and test center effectively improved the delivery capacity of products to ensure product reliability competitiveness, meet the rapid market release of products, and have formed a complete and high standard of reliability work specifications. The company's test center can carry out wafer testing, mass production testing and equipped with a thousand-level clean room. In addition, the company has independently developed manufacturing execution systems and equipment automation systems, more than 100 system automation operations and error-proof modes to ensure zero defect outflow of products in an all-round way. During the reporting period, the test center has passed the certification of honor, OPPO, vivo and other customers and started to supply in batches.

It is worth mentioning that during the reporting period, Aiwei Electronics worked closely with upstream suppliers and established strategic cooperative relations, and the production capacity guarantee and product strength formed a virtuous circle with each other, providing good support and guarantee for the company's sustained performance growth. The company's forward-looking layout of the 12-inch wafer process not only significantly alleviates the problem of wafer capacity supply, but also reduces the overall chip manufacturing cost due to the shrinkage of chip size. As the first chip design company to cooperate with TSMC and the first chip design company to cooperate with Huahong in the 12-inch 90nm BCD wafer process, it has achieved a breakthrough in the wafer process platform and played a positive role in capacity, cost and technology expansion.

(Proofreading/Andy)

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