Ring chip (6488) today announced the second quarter, quarterly revenue of 3.903 billion yuan, quarter increased 7%, the after-tax net profit of 452 million yuan, a 57% grew in season 1 of 287 million yuan, profit per share 1.22 yuan, the season 1 $0.44 to $0.78. Ring chip season 2 of the overall operating performance, the season 1 well.

Ring chip from January to June this year alone on revenue of 3.289 billion yuan, the combined revenue of 7.55 billion yuan, the operating profit of 1.07 billion yuan, after-tax net income of 740 million yuan, the after-tax EPS is 2 yuan.

Ring chip today also announced July revenue, consolidated revenue of 1.413 billion yuan, the rate of 5%, grew at 12%. Ring chip from January through July of this year combined revenue of 8.963 billion yuan, revenue growth for 7 months in a row.

In the first half of this year the global semiconductor industry market conditions, ring chip, said is out of the fourth quarter of last year the sentiment of the bottom and gradually turn up. Season 3 global semiconductor business into the busy season, small and medium size silicon wafer market is still strong demand for terminal power components, 8 inch and 12 inch silicon wafer market demand for new type of smart mobile phones, the function of the lens and the iPhone 7 listed its peripheral products demand, is expected to gradually warmer.

Ring chip in Taiwan, China, the United States and other factory of the silicon wafer orders continued tight and maintain a high capacity of the rate. In addition, the ring chip by the participation of Topsil FZ products, successfully develop high power components product line, product portfolio by complete. Looking forward to this year, ring chip full-year revenue performance is expected to increase from month to month, quarter by quarter rose and grow steadily.

Ring chip with Topsil Denmark factory and polish factory collectivization whole and has positive, because Topsil, ring chip has become a global one of the few to complete the supply of CZ and FZ products world-class leading companies, the layout of the globalization is more complete. Ring chip to world to group of sales points, demand continues to grow in automotive electronics and electrical application markets such as Japan, China and the United States and Taiwan, sales of FZ products and increase revenue.