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Silicon Electric Co., Ltd.: Report for the first quarter of 2025
Silicon Electric Co., Ltd.: 2024 Annual Report
Silicon Electric Co., Ltd.: 2024 Annual Report Summary
Silicon Power Co., Ltd. (301629.SZ): In the first quarter, the net income was 11.5043 million yuan, a year-on-year decrease of 17.86%.
On April 28th, Gelonghui reported that Sillicon Electric Co., Ltd. (301629.SZ) released its first quarter report for 2025, during which it achieved revenue of 92.367 million yuan, a year-on-year decrease of 0.51%; net income attributable to shareholders of the listed company was 11.5043 million yuan, a year-on-year decrease of 17.86%; net income attributable to shareholders of the listed company after deducting extraordinary gains and losses was 10.2004 million yuan, a year-on-year decrease of 23.71%; basic EPS was 0.37 yuan.
Silicon Electric Co., Ltd. (301629.SZ): Plans to use no more than 0.3 billion yuan of idle raised funds for Cash / Money Market management.
On April 15, Gelonghui reported that Silicon Electric Co., Ltd. (301629.SZ) held the sixteenth meeting of the second Board of Directors and the thirteenth meeting of the second Supervisory Committee on April 14, 2025, reviewing and approving the "Proposal on Using Part of the Idle Raised Funds for Cash Management," agreeing that the company can use no more than 0.3 billion yuan (including this amount) of idle raised funds for cash management, provided it does not affect the construction of investment projects funded by the raised funds and the normal Operation of the company. The usage period is valid for 12 months from the date of approval by the Board of Directors; within the above limit and validity period, the funds can be used in a rolling manner.
The underlying foundation of new quality productivity in Technology, Institutions are Bullish on the future performance of the domestic Semiconductors industry.
According to media reports, the Ministry of Industry and Information Technology recently held a high-quality development industry conference for the national electronic information manufacturing sector in Taiyuan, Shanxi Province; CITIC SEC believes that the domestic Semiconductors industry, as the underlying base of new Technology productivity, is expected to perform better in the next stage under the bullish trends driven by policy support, cyclical reversals, and incremental innovations.