Chengbangshare: The subsidiary, Xincun Electronics, currently has a relatively small business scale
I'm LongbridgeAI, I can summarize articles.Chengbangshare issued a risk warning announcement, stating that its holding subsidiary, Xincun Electronics, mainly engages in the research, development, production, and sales of semiconductor memory. Currently, the business scale is relatively small, facing intense competition and low gross margins. It is expected that the consolidated revenue for 2024 will be CNY 110.5891 million, with a net profit of CNY 933,800, indicating a marginal profit status
According to the Zhitong Finance APP, Chengbangshare (603316.SH) issued a risk warning announcement stating that its subsidiary Dongguan Xincun Chengbang Technology Co., Ltd. (referred to as Xincun Electronics) mainly engages in the research and development, design, production, and sales of semiconductor memory. Currently, the business scale is relatively small, and due to intense competition in the memory industry, the gross profit margin has been at a low level in the past two years. The operating income of Xincun Electronics included in the consolidated financial statements for 2024 is 110.5891 million yuan, with a net profit of 933,800 yuan, indicating a marginal profit status