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Huizhiwei: Report for the first quarter of 2025
Huizhiwei: 2024 Annual Report Summary
Huizhiwei: 2024 Annual Report
2024 Annual Report Summary
2025 First Quarter Report
Hui Zhi Wei (688512.SH): Net loss of 0.438 billion yuan for the year 2024.
On April 27, Gelonghui announced that Wisdom Micro (688512.SH) reported an annual revenue of 0.524 billion yuan for 2024; the net income attributable to the shareholders of the listed company was -0.438 billion yuan; the net income attributable to the shareholders of the listed company, after excluding non-recurring gains and losses, was -0.474 billion yuan. During the reporting period, the company has not achieved profitability. The main reasons for the company's losses are: (1) Due to increasing competition in the industry, RF front-end manufacturers are facing significant downward price pressure, further squeezing the gross profit margins of products, leading to the company's operating performance falling short of expectations; (2) The company, based on a principle of prudence, has provided for potential risks.
