Beijing Junzheng said that the company continues to strengthen the market promotion of various application areas, strengthen the research and development of chips and solutions, and the sales revenue of the company's products in the fields of Internet of Things and intelligent video continues to grow, which makes the company's overall operating income and net profit increase compared with the same period of last year. Larger range.
According to the announcement, the company's operations in all aspects are as follows:
1, technical research and development
According to the development trend of the technology and the demand of the market, the company continues to strengthen its technology research and development and technological innovation capabilities, continue to develop relevant core IP technologies, continuously develop new technologies in emerging fields, and carry out corresponding ASIC product design and development. Within the company, the company has continuously optimized and improved the related technology of XBurst2 CPU, and launched the research and development work of RISC-V CPU. The RISC-V instruction set is an open instruction set architecture based on the principle of reduced instruction set calculation, which is in the instruction set. The development of new instructions based on continuous development and maturity, the development of CPU core based on RISC-V instruction set, helps the company to accumulate in key core technologies. The company continues to promote video codec technology, image signal processing technology Technology development in sound signal processing technology, neural network processor technology and related algorithm technology. With the continuous advancement of the company's core technology research and development, the company will have more independent research and development technology applied to chip products.
In terms of chip development, XBurst2 CPU-based chip products are still being iterated and optimized. The product will be targeted at mid- to high-end applications in the Internet of Things market. According to market demand, the company has launched new products in the field of intelligent video. The performance of imaging, code stream and power consumption has been further optimized. At the same time, the company continues to promote the development of coprocessor chips for deep learning in the video field, and is expected to invest in the third quarter. The company will continue to pay close attention to the development of the electronic market. Change, timely research and development of new technologies and products in new fields.
In terms of program development, combined with market development trends, the company has updated and optimized its solutions in key areas such as QR code, intelligent audio, smart home appliances, biometrics and intelligent video, supporting key customers to develop personalized solutions and assisting customers. Accelerate the progress of research and development, and promote the faster entry of customers' products into the market. During the reporting period, the company's products in the two-dimensional code, intelligent audio, smart home appliances and other fields of products and programs have been recognized by more customers, based on various types of company chips The solution shows obvious competitive advantages in terms of performance, power consumption, stability, etc. In the field of intelligent video, according to the continuous improvement of the overall level of video quality in the market, the company continuously optimizes the solutions of each chip platform and supports customers to carry out new projects. Product development; The development of the company's battery IPC product development platform is completed. With the market demand for low-power, low-cost and intelligent battery-based IPC products, the company has carried out continuous program optimization and support from key customers. .
2, market development
The company continues to strengthen the market propaganda and expansion efforts, pay close attention to the development of market demand, combined with the company's small product area, low power consumption, outstanding cost performance, deepen the development opportunities in various markets, and strengthen support for key customers in key areas. And services, actively promote the progress of customers' projects, and plan and define new products according to changes in market demand.
Through serialized chip products and customized professional development platforms, the company meets the various needs of the market. In the QR code market, the company's products have been adopted by more and more customers, and the market sales increased significantly year-on-year during the reporting period; The company and the solution providers work closely together to actively seek market opportunities at home and abroad to meet the needs of differentiated markets through series of chip products. In the smart door lock market, the company actively expands brand customers and strives to enhance the market awareness, promotion and support of the company's products. The company's solution research and development and product landing; In addition, because the company's chips have good versatility, the company is actively seeking more market opportunities under the trend of increasing product categories in the IoT market.
In the field of intelligent video, the competition in the private security market and the civilian consumer IPC market is becoming increasingly fierce. In the fierce market competition, the company gives full play to its product advantages and service advantages, strives to expand more brand customers, and timely plans according to customer needs. The research and development and filming of new products, and the deployment of program development and customer promotion work in advance according to the progress of the new product. The number of co-processor products for the artificial intelligence field is increasing, but the customer product development and landing time is longer. During the reporting period, the company made key support for smart IPC products of many customers.
In addition, the company continues to increase the development and promotion of various development platforms in various application areas, further improving the openness of the development platform, and helping developers to more easily develop products based on the company's development platform to adapt to the current electronic market terminal products. There are many types and fast changes.
3, management aspects
The company constantly adjusts and optimizes the operation and management system, improves the corporate governance structure, establishes and improves the company's internal control system, pays attention to the cultivation of the talent team, strives to improve the efficiency of the company's research and development, and improves the overall management level of the company. To further promote the establishment of the company, improve the long-term effective incentives. The restraint mechanism fully mobilizes the enthusiasm of the company's management personnel and employees, effectively combining the interests of shareholders, the interests of the company and the interests of employees. The company implemented the stock option incentive plan in 2016, which will be part of senior management, middle management, core. Business (technical) personnel are included in the scope of this incentive. During the reporting period, the second exercise period of the company's stock option incentive plan has fulfilled the exercise conditions, and the exercise period is from April 13, 2018 to April 2019. On the 12th, the company completed the registration of the independent exercise of stock options. As of June 30, 2018, the actual exercise amount of the second vesting period of the company's stock option incentive plan was 184,666 shares.
4, investment in mergers and acquisitions
During the reporting period, the company invested RMB 10 million in its own funds to invest in Shenzhen Gidesi Electronic Technology Co., Ltd., and obtained its 5.8824% stake. Gidesis was established in 2015, mainly engaged in the design and development of intelligent device display master chip. And the sales of related electronic products, its self-developed AMOLED display main control chip is expected to start sales in the second half of 2018.
5, construction in progress
During the reporting period, the construction work of the first phase R&D building of Hefei Junzheng was basically completed. At present, it is in the stage of installation and commissioning of outdoor supporting projects. After the completion of the construction of external supporting facilities, Hefei Junzheng will start the follow-up of related projects and the inspection and acceptance work. The Hefei Junzheng Phase II R&D Building is still in the early stage of communication design.