① In the first half of this year, Huafeng Technology's net profit loss to mother was 17.9268 million yuan, down 147.62% year on year, and changed from profit to loss; ② Huafeng Technology said that in the first half of the year, sales revenue from products in the communications sector and industrial sector increased, but costs rose, gross profit declined and period expenses increased; ③ Huafeng Technology's many ongoing research projects are worth paying attention to, all involving popular tracks and industries currently receiving widespread attention in the market.
“Science and Technology Innovation Board Daily”, August 27 (Reporter Huang Xiumei) Huafeng Technology announced this evening (August 27) that in the first half of this year, the company achieved revenue of 0.484 billion yuan, up 16.57% year on year; net profit loss to mother was 17.9268 million yuan, down 147.62% year on year, from profit to loss.
Huafeng Technology invested 51.03 million yuan in R&D during the same period, up 17.32% year on year. Total R&D investment accounted for 10.54% of revenue, up 0.06 percentage points year on year.
Huafeng Technology has long been engaged in R&D, production and sales of optical and electrical connectors and cable components. The downstream covers the fields of military, communications, new energy vehicles and rail transit.
“The increase in revenue in the first half of the year was mainly due to an increase in product sales revenue in the communications and industrial sectors. However, the year-on-year decline in net profit was mainly due to the company's phased increase in labor and other investments, leading to rising manufacturing costs, falling gross profit, and increased costs during the period.” Huafeng Technology said.
(Huafeng Technology's revenue for each reporting period)
(Net profit situation of Huafeng Technology for each reporting period)
Huafeng Technology's semi-annual report shows that in recent years, the trend of intelligence and unmanned operation in the communications field, defense field, and new energy sector has been prominent, and as China accelerates the construction of intelligent computing power centers, the demand for high-speed connectors in the downstream terminal market has continued to increase.
It has now invested in the construction of 6 high-speed line module production lines, including 4 high-speed module automatic production lines and 2 general-purpose module automatic production lines, and began mass production and delivery of high-speed line module products in July this year.
In the first half of this year, Huafeng Technology developed projects with leading manufacturers in the domestic communications market, with high-speed connector products as the core.
Among them, in the server field, the company has made major expansion to equipment manufacturers such as Huawei, Inspur, Shuguang, ZTE, and Xinhua, as well as Internet application customers such as Ali, Tencent, and Byte.
In the field of communications, we have successively developed 112G OD Prevail products, as well as various line module products used in the fields of computing and supercomputing.
In the field of new energy, it has successively developed products such as waterproof FAKRA and curved mini FAKRA; in the field of defense, it has developed products such as contactless energy transmission connection modules and SPSC series automatic plug-and-unplug intelligent connection devices.
The “Science and Technology Innovation Board Daily” reporter noticed that Huafeng Technology's many ongoing research projects are worth paying attention to.
Among them, “test components such as vehicle interconnection and cables” are used in unmanned vehicles, drones, unmanned boats, unmanned dogs, and defense equipment. Special optical connection systems are used in high-speed optical module core devices, and 5G communication equipment is used in Kunpeng series servers, AI supercomputing, etc., all involving popular tracks and industries currently receiving widespread attention in the market.
