On the evening of January 14, Cambricon announced its earnings forecast for the entire year of 2024. When contacted by a reporter posing as an investor, a representative from Cambricon stated that the detailed performance of the company during the fourth quarter of 2024 would be disclosed in the 2024 annual report. The company has consistently incurred losses in recent years, primarily attributed to its position in the chip design industry, which necessitates ongoing investments in research and development to uphold technological leadership and refine product iterations. Furthermore, Cambricon's third-quarter report for 2024 revealed a notable surge in inventory and prepayments, prompting investor speculation that the company is actively gearing up for material production and increasing orders from upstream suppliers. In response, the representative emphasized that specific sales conditions would be detailed in the annual report.
