PowerCheng and KYEC both hit record highs in revenue in August

Packaging and testing factories Power Technologies (6239) and KYEC Corporation (2449) simultaneously announced their August revenue today (7th). Benefiting from the strong demand for advanced packaging and testing of AI and high-performance computing (HPC) chips, the monthly revenue of Licheng and KYEC Electronics hit a new high, and both set new records for two consecutive months.

Licheng's consolidated revenue in August was 8.557 billion yuan, a monthly increase of 3.48%, and an annual increase of 24.46%; the cumulative revenue in the first eight months was 61.257 billion yuan, an annual increase of 30.83%.

PowerCeng is benefiting from the demand for AI servers, high-performance computing (HPC) and memory. In addition, the average selling price (ASP) of products continues to increase and the capacity utilization rate has also increased. CEO Xie Yongda is optimistic that "this year's operation will be very positive" and the full-year revenue is expected to hit a new high.

KYEC's self-collected revenue in August was 4.08 billion yuan, a monthly increase of 2.24% and an annual increase of 31.58%; the cumulative revenue in the first eight months was 29.404 billion yuan, an annual increase of 35.53%.

The first batch of KYEC's Huida new-generation Rubin GPU chips were originally planned to enter testing at the end of the second quarter. However, due to adjustments to the chip's heat dissipation design, they will not be officially released until the fourth quarter. The legal person estimates that although the revenue growth rate of KYEC in the third quarter is not as expected, it is expected to increase by 20% in the fourth quarter.