Cambricon Technologies Corporation Limited(688256) released the annual report of 2021, which showed that the company’s operating revenue in 2021 was 721 million yuan, a year-on-year increase of 57.12%; The net loss attributable to shareholders of listed companies was 825 million yuan, an increase of 89.66% year-on-year.
The company explained that the year-on-year increase in the net loss attributable to the parent company during the reporting period was mainly due to the significant increase in R & D expenses during the reporting period in order to ensure the high-quality iteration of smart chip products and basic system software platforms, maintain the leading edge of technology in the highly competitive market, continue to increase R & D investment, actively introduce excellent talents and maintain the stability of the R & D team.
During the reporting period, Cambricon Technologies Corporation Limited(688256) R & D investment totaled 1.136 billion yuan, a year-on-year increase of 47.83%; Meanwhile, due to the equity incentive plan implemented at the end of 2020 and 2021, the share based payment expenses apportioned according to the attribution period in the reporting period increased by 166997% over the same period of last year. In addition, in order to improve the sales service system and actively promote the smart chip market and ecological construction, the relevant sales expenses increased by 58.98% over the same period last year.
