Coretronics: In 2024, advanced process chip design revenue and project quantity both increased compared to the previous year.

On April 29th, the executives of Xin Yuan Company stated during a performance briefing that the company's revenue and project quantity for advanced process chip design had increased compared to 2023. In addition, in the core processor IP-related operating income, the revenue share of graphics processor IP, neural network processor IP, and video processor IP is relatively high. These three types of IP accounted for approximately 70% of the total semiconductor IP licensing business revenue in 2024. As of the end of the first quarter of 2025, the company's outstanding order amount was 2.456 billion yuan, reaching a new historical high for the company. The outstanding orders have been at a high level for six consecutive quarters.