Trillion easy to innovate the first three quarters of net profit of 339 million yuan, is expected to surpass year on year

In the first three quarters, the company achieved operating income of RMB 1.517 billion, an increase of 44.69% over the same period of last year. The average operating income of the semiconductor and component industries grew at 33.95%. Net profit of shareholders of listed companies was 339 million yuan, an increase of 134.74% over the same period of last year. The average net profit growth rate of semiconductor and component industry was 15.74% and the Company's earnings per share was RMB1.70.

In the first half of this year, Zhao Yi innovation to achieve operating income of 939 million yuan, an increase of 43.29%; attributable to shareholders of listed companies net profit of 179 million yuan, an increase of 99.59% .In addition to rising profits, the first half trillion easy to innovate NORFlash And MCU series product lines also introduced a number of new products, including the introduction of ultra-low power NORFlash products, micro-controller and fingerprint recognition FPR series dedicated MCU and so on.

However, this year, the global semiconductor industry supply chain production capacity is tight, and demand increased significantly, the market appears in short supply.Ma Yi innovation in the rich product line, to meet the needs of market applications, but also optimize the supply chain management, and actively cope with capacity constraints, Supply chain management, the deployment of the supplier capacity. At the same time strengthen the supply chain links and links, for new products, new application development, new technologies and new processes, reduce costs, improve yield and maintain stable supply.

At the beginning of September, Zhao Yi Innovation disclosed the "strategic cooperation agreement" signed with SMIC for 1.2 billion yuan. The agreement is a supply cooperation agreement. The contract is the raw material wafer, which will help protect the long-term stable production capacity , To further consolidate the long-term partnership between the two sides, enhance the competitive advantage.

Similarly, in September, Kawasaki Innovation and the National Big Fund, Beijing Enlightenment in the sea Venture Capital Co., Ltd., Ying Fu Tektronix Venture Capital Co., Ltd. signed the "Share Transfer Agreement" formal completion of the registration procedures. Big Fund as a strategic investor to become a trillion Easy to innovate the second largest shareholder, will play a state-owned background industry fund industry development guide role, support trillion innovation to become the world's leading storage chip and MCU design company, promote the company's product application, the formation of benign self-development capacity, The overall development of the national storage industry.

Merrill Lynch said that the first three quarters of this year, increased market demand, resulting in a larger increase in sales, the company's net profit during the reporting period increased significantly over the same period last year, the market demand is expected to remain optimistic in the fourth quarter of 2017, a corresponding increase in sales, The cumulative net profit compared with the same period last year increased significantly.

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