Shanghai Beiling first three quarters of net profit rose 290.82% year on year, is expected to substantial growth throughout the year

Set the micro-network news, as one of the few domestic analog and digital-analog hybrid integrated circuit suppliers - Shanghai Belling to 590 million yuan acquisition of sharp 100% stake in the Commission approved by the Commission, the industrial development advantages. On the evening, Shanghai Beiling released three quarterly, the first three quarters of the company achieved operating income of 392 million yuan, an increase of 5.60%; attributable to shareholders of listed companies net profit of 153 million yuan, an increase of 290.82% in the first half of this year, Operating income of 245 million yuan, down 1.46%; net profit of 134 million yuan, an increase of 382.96%.

Shanghai Belling is the main business of integrated circuit design. Its products can be divided into five fields: intelligent metering, general analog, power management, nonvolatile memory and high-speed and high-precision ADC. The product is developed with analog and digital-analog mixed mainstream technology. 0.5 micron -0.11 micron CMOS, high voltage BCD and bipolar circuit and other technology; In addition the company's measurement chip has been developed to SoC, PLC and other system-on-chip, SoC core upgrade from 8051 architecture to 32-bit ARM architecture, initially available to customers The overall capacity of the solution, is the field of smart meters the most comprehensive variety of integrated circuit suppliers.

The above-mentioned sharp in the domestic smart meter metering chip market share ranked first, at the same time in the design capacity, cost control, customer base and other aspects of the formation of a competitive advantage, with smart meter metering chip, occupy the market The Commission has been approved by the Shanghai Belling to 590 million yuan acquisition of sharp to micro, Shanghai Belling will take the opportunity to become the largest domestic smart meter chip suppliers.

In addition, the first generation and the second generation of ADC products in the Beidou navigation, signal reception and other fields in the first half has been achieved in small quantities of sales, and has been sent to a number of customers and design and import; for nuclear magnetic resonance IF receiver Chip chip has been successfully tape-out, the second half of the plan is sampling and introduced in the client design.In addition, the third generation of high-speed RF sampling ADC has also been developed.

Shanghai Belling said that as of the end of the third quarter, due to Shanghai Belling to hold Huaxin Securities Co., Ltd. 2% stake in Shanghai Huaxin Co., Ltd. major asset restructuring matters, the transaction is completed after the company holds Huaxin shares 11,167,675 (The pre-tax) of RMB118,851,400, the Company's net profit attributable to the shareholders of the Company in 2017, the Company's total net profit attributable to the shareholders of the Company for the year ended 31 December 2011. The Company's total investment income (pre-tax) To 10,073.47 million, so the cumulative net profit in 2017 is expected to increase over the same period last year.