Looking forward to the first half of this year, the industry pointed out that the seasonal performance of Nandian’s off-season in the first quarter was mainly due to fewer working days. In the second quarter, China Netcom began to gradually pull out load carriers and automotive electronic circuit boards. The second quarter results are expected to be comparable. The first quarter grew by a high single digit percentage point.
Nandian also benefited from the virtual currency mining boom. The industry indicated that mainland customers have strong demand for the carrier board for bitcoin mining machines, and Nandian also benefited from orders from customers in mainland China. The shipments required by bitcoin mining machines are upward. To help performance, the estimated demand for virtual currency mining machines is less than 10% of the overall performance.
Looking ahead to this year's operating target, the legal person expects that Nandian’s overall performance this year will grow 10% from the previous year’s target.
From the perspective of applications, this year's auto electronic circuit board sales force is good, Netcom application carrier board is steady upward, consumer electronics application carrier board, main board, and circuit board demand are stable. Legal person estimates that the growth rate of vehicle use in Nantong this year will see 15%. Netcom application growth sees 10%.
In February of this year, Nandian has consolidated and consolidated revenue of NT$1,692 million, a year-on-year decrease of 9.26%, and cumulative total revenue of RMB3,956 million since February this year, a slight increase of 0.79% from the same period of last year.