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BES Technology

BES Technology will achieve an operating income of 1.765 billion yuan in 2021, a year-on-year increase of 66.36%; a net profit attributable to the parent of 408 million yuan, a year-on-year increase of 105.51%; a net profit of 294 million yuan after deduction, a year-on-year increase of 71.93%; The stock gain was 3.40 yuan, a year-on-year increase of 54.14%. From a quarterly perspective, the company achieved revenue of 534 million yuan in Q4, a year-on-year increase of 36.28%, and net profit attributable to the parent of 114 million yuan, a year-on-year increase of 39.68%.
Innovation drives the rapid iteration of products, and the market position of smart wearables and smart furniture is further consolidated. 1) The company maintains rapid iteration capabilities on Bluetooth audio chips. BES2500 series main control chips have been widely used in terminal headset products of mobile phone manufacturers, professional audio manufacturers, and e-commerce brands. In the second half of 2021, the company is the first in the industry to launch the BES2600 series of smart Bluetooth audio chips with three-in-one “Bluetooth + noise reduction + in-ear detection”, which further enhances the company’s technical barriers in the process of miniaturization and high integration of TWS headphones. It has also successfully achieved mass production among brand customers. 2) In the field of smart home, the company has successfully expanded customers such as Xiaomi and Huawei. The second-generation WiFi/Bluetooth dual-mode AIoT SoC chip BES2600WM has been mass-produced and launched. It adopts a more advanced 22nm process, which can support stronger AI computing power and simultaneously function. It consumes less power and is the first smart home to support Hongmeng operating system. The company’s self-developed fully integrated low-power WiFi/BT dual-mode AIoT SoC chip has pioneered the development of RTOS-based AIoT software and hardware systems. 3) The company’s first-generation smart watch chip was successfully introduced to customers and mass-produced. The company’s second-generation smart watch single-chip solution BES2700BP has also entered the sample delivery stage and is expected to be launched to the market in 2022.
Strengthen research and development efforts, and continuously improve core technical capabilities. The company’s research and development expenses in 2021 are 289.1852 million yuan, a year-on-year increase of 67.51%, accounting for 16.38% of the company’s operating income. The R&D team has grown from 198 at the end of 2020 to 338 at the end of 2021, accounting for 83.05% of all employees. The company has newly applied for 48 domestic invention patents, and obtained 23 domestic invention patent approvals; applied for 4 overseas patents through independent channels, and obtained 8 overseas invention patent approvals. The company’s multi-core heterogeneous embedded SoC technology, dual-band broadband low-power WiFi6 technology, TWS technology supporting Bluetooth 5.3, active noise reduction and audio AI technology, fully integrated radio frequency technology under advanced technology, fully integrated audio and video storage high-speed interface technology Make progress and stay ahead of the industry.


Post time: Jun-09-2022