Xinhai Technology’s net profit will increase by 108.68% in 2020, and Lu Guojian, chairman of the board, will get a salary of 1.0329 million yuan



On April 28, Xinhai Technology (688595) recently released its 2020 annual report. During the reporting period, the company achieved an operating revenue of 362796004.01 yuan, up 40.40% year on year; The net profit attributable to shareholders of listed companies was 89321463.15 yuan, up 108.68% year on year.


芯海科技2020年净利增长108.68% 董事长卢国建薪酬103.29万

During the reporting period, the net cash flow from operating activities was 50191627.90 yuan, and the net assets attributable to shareholders of listed companies were 858227532.41 yuan by the end of 2020.

During the reporting period, the operating revenue increased by 40.4% over the same period of last year, mainly due to the continuous improvement of the semiconductor industry in 2020. The company has built the competitive advantage of full signal chain products through high-precision ADC, high-performance MCU and other core technologies, and maintained continuous growth in the field of health measurement applications; In the field of analog signal chain, break through benchmark customers in industrial measurement, automotive electronics, consumer electronics and other industries, and bring business performance growth.

The net profit attributable to the shareholders of the listed company and the net profit after deducting non recurring profit and loss increased by 108.68% and 59.81% respectively over the same period of last year, mainly due to the increase of net profit due to performance growth, investment income from participating in the non-public issuance of Tongfu micro power and government subsidies related to daily business activities.

According to the announcement, the total remuneration of directors, supervisors and senior managers during the reporting period was 8.8776 million yuan. Lu Guojian, the chairman and general manager of the board, received a total pre tax remuneration of 1.0329 million yuan from the company; Wan Wei, the director and deputy general manager, received a total pre tax remuneration of 727100 yuan from the company; Tan Lanlan, the director and chief financial officer, received a total pre tax remuneration of 80100 yuan from the company; Huang Changfu, the Secretary of the board, received a total pre tax remuneration of 796800 yuan from the company.

According to the data of digbei.com, Xinhai Technology is a full signal chain chip design enterprise integrating sensing, computing, control and connection, focusing on the R & D and design of high-precision ADC, high reliability MCU, measurement algorithm and one-stop solution of Internet of things.

 


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