Continuing the strong growth trend, Changdian Technology achieved a good start in the first quarter of 2021

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April 28, 2021, Shanghai, China – Changdian Technology (SSE code: 600584), a world-leading integrated circuit manufacturing and technical service provider, today announced its financial report for the first quarter of 2021 ended March 31, 2021 . The financial report shows that in the first quarter of 2021, Changdian Technology’s revenue and net profit maintained a strong growth momentum, achieving revenue of RMB 6.71 billion, and net profit attributable to shareholders of listed companies of RMB 390 million, a year-on-year increase of 17.6% and 188.7% respectively.

In the past two years, under the strategic guidance of the new board of directors, the management team of JCET has actively optimized and integrated global resources. Through professional and international management, the company’s various operating indicators have been healthy and improved for the development of 2021. laid a solid foundation. Following the general trend, both internal and external, today’s Changdian Technology, with its keen insight and market-oriented operation mechanism, will continue to maintain a strong growth trend in the first quarter of 2021.

A few days ago, in the face of the current strong recovery of the automobile market and the innovation needs of in-depth cooperation in the industrial chain, Changjiang Electronics Technology has established a professional “Automotive Electronics Business Center” and “Design Service Business Center” to continuously accelerate its own technological innovation advantages, and is committed to Promote the coordinated development of the upstream and downstream of the industrial chain, carry out all-round technical cooperation, and then drive the development of the entire industry.

Mr. Zheng Li, Chief Executive Officer of Changjiang Electronics Technology, said: “JC Technology has achieved excellent results in 2020, and its net profit is more than twice the total net profit of the company in the 17 years since its listing. In the first quarter of 2021, Changdian Technology’s profit and revenue will continue to create year-on-year growth. A record high and a good start. This shows that our R&D, production and management levels are steadily improving, and the results are showing. We are confident that we will achieve better results in 2021.”

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