When facing thousands of listed company announcements every day, which ones should you read? What are the key points to take away from the dozens or hundreds of pages of material announcements? Are the many professional terms in the announcements bullish or bearish? Check out Caixin's "Quick Read Announcement" column, where our reporters across the country will provide you with accurate, fast and professional interpretations on the night of the announcement.

According to Caixin, on August 21st, the stock price of Allwinner Technology (300458.SZ) fell sharply today. After the market closed, the company released its semi-annual report, and the main financial indicators are within the previously announced performance range.

Benefiting from the recovery of the semiconductor market, increased demand in smart automobiles, industrial control, floor-cleaning robots, smart projectors, and the successful mass production of new products and solutions, Allwinner Technology achieved a 57.30% year-on-year increase in revenue to 1.063 billion yuan and turned around its net profit. However, looking at the specific data, the company made 0.119 billion yuan in the first half of this year, which is still lower than the profitable situations in 2021 and 2022, which were 0.242 billion yuan and 0.203 billion yuan, respectively.

According to the company's semi-annual report, due to an increase in shipments, the revenue of the H1 smart terminal application processor chip reached 0.911 billion yuan, a year-on-year increase of 70.39%, which is the company's main source of revenue.

In terms of expanding application markets, Allwinner Technology launched the T536 for smart industrial applications and the MR536 for AI vision floor-cleaning robots in the first half of this year. Samples have been sent to industry-leading customers. In addition, the high-end floor-cleaning robots equipped with the eight-core AI robot chip MR527 and capable of visual obstacle avoidance, which are currently being mass-produced, have been officially released. Moreover, based on the mature and stable production of smart tablet products, the company has also delivered solutions for the A523/A527 series in ARM PCs, mobile screens, point-of-sale equipment, and commercial displays.

Currently, Allwinner Technology's main research projects include 8K video decoding AI SoCs, advanced process high-reliability automotive-grade designs, advanced security SoC system designs, smart display and intelligent robot chips, and fully integrated visual AIoT chips. Regarding the impact of these projects on the company's future development, Allwinner Technology stated that they will support the company's growth in the fields of industrial control, streaming media players, large-screen displays, smart automotive electronics, smart homes, and education.

It is worth noting that just a few hours before the release of the semi-annual report, the stock price of Allwinner Technology plunged in the afternoon, falling nearly 9% at one point. At the close of today, Allwinner Technology's stock price fell by 7.70% to 22.41 yuan per share, with a turnover of 0.917 billion yuan and a total market value of 14.2 billion yuan.

In response to today's large stock price decline, the investor relations department of allwinner technology responded to the media, stating that the company is currently running normally, and short-term (secondary) market fluctuations do exist.