Hc Semitek Corporation(300323) : in 2021, the revenue was 3.156 billion yuan, and the net profit increased by 4 times year-on-year

On the evening of April 11, Hc Semitek Corporation(300323) released the annual report of 2021. The report shows that Hc Semitek Corporation(300323) revenue in 2021 reached 3.156 billion yuan, a year-on-year increase of 19.37%; The net profit attributable to the shareholders of the listed company was 94 million yuan, a year-on-year increase of 413.29%, realizing both revenue and net profit growth.

Hc Semitek Corporation(300323) said that the substantial increase in net profit in 2021 was mainly due to: on the one hand, the company continued to improve the level of corporate governance and achieved remarkable results in refined management, cost reduction and efficiency increase; On the other hand, the company increased the proportion of high gross profit products such as mini led, high-end backlight, high light efficiency general lighting and plant lighting, which effectively promoted the growth of revenue and profit. In 2021, the company's comprehensive gross profit margin was 8.77%, an increase of 4.56 percentage points over the same period of the previous year, of which the gross profit margin of LED chips increased by 4.89 percentage points year-on-year, the gross profit margin of LED substrate chips increased by 17.99 percentage points year-on-year, and the overall operation level of the company increased significantly.

The company said that in 2021, it achieved double growth in revenue and net profit, and Hc Semitek Corporation(300323) has returned to the track of rapid growth. In the future, Hc Semitek Corporation(300323) will continue to improve its corporate governance ability, adhere to the development strategy of taking technological innovation as its core competitiveness, accelerate the in-depth cooperation with leading enterprises at home and abroad, and further consolidate the company's core competitiveness and leading position in the field of advanced semiconductors.

According to public information, Hc Semitek Corporation(300323) continues to increase its market share in mini led, high-end display, high light efficiency lighting and traditional backlight. As one of the first leading enterprises to develop and mass produce Mini LED chips, Huacan Mini LED chips have entered the supply chain of large terminal manufacturers such as qunchuang and BOE. In 2021, a number of new terminal products were unveiled, which effectively promoted the growth of mini led sales. Market news shows that Huawei V75 super smart screen, which was launched in July 2021, and Skyworth Mingli smart Mini LED TV q72, which was launched in September, all of the mini LED chip suppliers are Hc Semitek Corporation(300323) . In addition, Hc Semitek Corporation(300323) also jointly developed Mini led active glass based technology with BOE, realizing a major breakthrough in the field of mini LED technology.

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