Coretronics Inc.: In-hand orders have remained at a high level for seven consecutive quarters.

date
26/08/2025
Executives of XinYuan Corporation stated at the performance briefing on August 25th that the company's backlog of orders has remained at a high level for seven consecutive quarters, reaching a new high in company history. As of the end of the second quarter of 2025, the amount of the company's backlog of orders was 3.025 billion yuan, an increase of 569 million yuan compared to the end of the first quarter of 2025, a quarter-on-quarter increase of 23.17%. In the backlog of orders at the end of the second quarter of 2025, the one-stop chip customization business accounted for nearly 90%. It is estimated that the conversion rate of the backlog of orders at the end of the second quarter of 2025 will be approximately 81% within one year, providing a guarantee for the company's future revenue growth.