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The market is developing rapidly and has a competitive advantage, and the net profit of Juxin Technology in 2021 increased by more than 2 times year-on-year

The market is developing rapidly and has a competitive advantage, and the net profit of Juxin Technology in 2021 increased by more than 2 times year-on-year

Jiwei Network News (Wen/Jiang Cui) On April 24, Juxin Technology released its 2021 annual report, saying that during the reporting period, the company achieved a total operating income of 526 million yuan, an increase of 28.83% year-on-year; the net profit attributable to the shareholders of the listed company was 83.9478 million yuan, an increase of 248.5% year-on-year; and the net profit attributable to the shareholders of the listed company after deducting non-recurring gains and losses was 59.9557 million yuan.

The market is developing rapidly and has a competitive advantage, and the net profit of Juxin Technology in 2021 increased by more than 2 times year-on-year

Regarding the performance fluctuation of 28.23% year-on-year in revenue, Juxin Technology explained that the main reason is the rapid development of the market where the company's products are located and the products have competitive advantages, bluetooth speaker SoC chip series and Bluetooth headset SoC chip series sales revenue increased compared with the same period last year, at the same time, due to some product update iterations and increased unit prices, the average selling price of products increased.

As an integrated circuit design enterprise, Juxin Technology adopts the business model commonly used in the industry, that is, specializing in the research and development and design of integrated circuits, pinyuan manufacturing and testing, chip packaging and testing are entrusted to professional integrated circuit manufacturing enterprises, packaging and testing enterprises to complete, and after obtaining the finished chip, it is sold to the outside world. At the same time, in order to shorten the time to market of chip products and reduce the development threshold of customers, Juxin Technology provides a perfect SoC software development platform (algorithm library, 0S, SDK, application software and development tools) while providing SoC chips. etc.), according to the characteristics of different categories and market demand, to provide customers with a comprehensive solution that integrates software and hardware and algorithms.

In addition, Juxin Technology pointed out that the company is an early engaged in SoC chip research and development, design and sales of high-tech enterprises, after years in the field of intelligent audio chips R & D investment, technology accumulation and development, the company has a series of core technologies with independent intellectual property rights, the core technology ownership is clear, the technical level is more advanced, mature and widely used in the mass production of the company's products. The company's core technologies cover high-performance audio ADC/DAC technology, high-performance Bluetooth communication technology, high-integration low-power technology, high-quality audio algorithm processing technology, highly autonomous IP technology, highly integrated SoC design integration framework, and system integration technology of high-performance software and hardware platform. The company's products have a high share of professional audio manufacturers, and have entered the supply chain of many well-known mobile phone brands and Internet manufacturers in different forms of smart terminal products such as headphones and speakers.

Juxin Technology said that the company will continue to develop high-quality, high-value-added domestic intelligent audio SoC chips. Taking the market demand of AIoT, 5G and wearable as the starting point, we actively follow up the latest trends in Bluetooth, and meet the needs of domestic and foreign terminal brands with high integration, low power consumption product quality and customized services. The company will unswervingly implement the strategy of "large market, high quality, large customer, high growth", continuously improve the market share of international mainstream brands, and provide domestic alternative chip products with high specifications, high quality, high added value, high sound quality, low power consumption and high reliability as always. The company will actively develop new technologies and products, and constantly expand new product categories and fields. In addition to upgrading and industrialization of smart Bluetooth audio chips, we will also actively develop and iteratively upgrade ultra-low-power MCUs for the field of wearing and IoT, such as TWS Bluetooth headset chips, wrist wearers, and hearing aids: and develop, reserve - batch future-oriented core technologies.

(Proofreading/Andy)

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