Hualing Co., Ltd. responds to revenue decline: both wafer testing and finished product testing business volumes have decreased.

Jin10 data reported on July 1st, Hualing Co., Ltd. responded to the exchange's annual report inquiry letter. Regarding operating performance, the company stated that in 2024, the integrated circuit industry will experience structural differentiation, with weak demand for consumer chip testing and high-end testing demand growth not compensating for the shortfall, resulting in a decline in the company's wafer testing and finished product testing business volume, with revenue down year-on-year and a loss of 42.0256 million yuan. Regarding the Lingang project, Hualing Co., Ltd. stated that the overall construction progress and production situation are basically consistent with the original plan, with no early or delayed solidification, and there is no relationship between the contractor and the company or its related parties.