Research Reports: Zhongyi Securities maintains a "Buy" rating for Geweiwei, with mobile CIS product shipments ranking second globally.

According to the research reports from China Post Securities, GeK微 (688728.SH) is expected to achieve a net income of 0.187 billion yuan in 2024, which is a year-on-year increase of 287.20%. The company's mobile phone CIS product shipment volume will rank second globally, accounting for about 23%. Meanwhile, the company has successfully achieved mass production of multi-spectral CIS, empowering color reproduction and intelligent detection applications for smart phones. The Lingang factory is producing 50M CIS, and the competitiveness of single-chip high-pixel chip integration technology continues to strengthen. The company is actively focusing on the development of related emerging markets and promoting the progress of relevant technology research and development as well as product implementation, with products aimed at the AI glasses field expected to achieve mass production in 2025. The company has already built up relevant technical reserves for AMOLED driver chip products and will soon launch AMOLED display driver IC products. In the future, AMOLED display driver IC will also become an important growth point for the company. Maintaining a 'Buy' rating.