JCET Group (600584) investor relations material

Executive summary

• Q3 revenue was RMB 11,425,106,255.72, up 13.53% YoY; 9M revenue was RMB 30,952,329,578.85, up 7.96%.

• 9M net income attributable to shareholders was RMB 1,617,336,151.27, up 69.58%; adjusted net income was RMB 1,560,885,001.00, up 99.17%.

• Growth was supported by rising semiconductor demand, higher capacity utilization, richer product mix and cost-control efforts; 9M gross margin increased 2.3 percentage points YoY.

Financial highlights

• Q3 total profit was RMB 845,129,581.11, up 38.86% YoY; 9M total profit was RMB 1,738,888,321.54, up 47.20%.

• Q3 net income attributable to shareholders was RMB 772,691,876.23, up 59.99%; adjusted net income was RMB 752,550,804.84, up 117.43%.

• 9M operating revenue was RMB 30,952,329,578.85 versus RMB 28,668,972,678.71; net income attributable to shareholders was RMB 1,617,336,151.27 versus RMB 953,748,492.90.

• 9M net income was RMB 1,589,422,902.20 versus RMB 951,408,366.04; operating costs totaled RMB 29,217,931,254.65 versus RMB 27,667,607,766.04.

Outlook and guidance

• Advanced packaging capacity deployment and supporting capability upgrades continued; operations and profitability showed sequential quarterly growth through 9M.

• A proposed RMB 7.8 billion advanced packaging and testing factory in Shanghai Lingang was progressing after establishment and registration of a wholly owned subsidiary.

• A proposed private placement of up to RMB 6.5 billion is intended to fund advanced packaging capacity and process upgrades, working capital and bank-loan repayment; implementation remains subject to shareholder, exchange and regulatory approvals.