Chengdu Huawei released its 2023 annual report on the evening of April 14.MentalgameofpokerThis is its first annual report since its landing in the A-share market, showing a good performance report to investors.

According to the annual report, Chengdu Huawei achieved 9% in 2023.MentalgameofpokerThe operating income of .2.6 billion yuan increased by 9.64% over the same period last year; the net profit reached 311 million yuan, an increase of 10.61% over the same period last year; and the net cash flow generated by operating activities was 53.7365 million yuan, realizing the transformation from negative to positive.

Recently, Chengdu Huawei focuses on the R & D, design, testing and sales of special integrated circuits, including special digital and analog integrated circuits, which are widely used in electronics, communications, control, measurement and other special fields. The company said that despite the obvious fluctuations in the global integrated circuit industry in 2023, factors such as the enabling of generative AI and the improvement of automobile intelligent permeability make the integrated circuit industry still have a broad space for development in the future.

Financial situation according to the statistics of the World Semiconductor Trade Statistics Organization (WSTS), the market size of integrated circuits will reach 479.988 billion US dollars in 2022, among which the Asia-Pacific region has the largest integrated circuit industry market in the world. Chengdu Huawei's R & D investment in 2023 totaled 198 million yuan, an increase of 16.75% over the same period last year, accounting for 21.4% of operating revenue. During the reporting period, the company applied for a number of new invention patents, utility model patents, integrated circuit layout-design and software copyright, and also obtained a number of authorizations.

Operation status Chengdu Huawei has established a sound R & D system, formed a series of integrated circuit products, and has the ability to provide customers with integrated circuit solutions. The company's products have been recognized by the mainstream manufacturers downstream of the domestic special integrated circuit industry, and the main customers include China Electric Group, Aviation Industry Group, Aerospace Science and Technology Group, Aerospace Science and Industry Group, etc., and the core products are in a leading position in China.