Guangyu's Q1 Revenue at 4.2 Billion Yuan, Down 25% Year-on-Year; Aims for Monthly Increase in Q2

Guangyu explained that due to fewer working days during the Lunar New Year holiday in February and a lower base for comparison, coupled with increased pull demand from consumer clients, March's revenue saw a significant increase compared to February.

Compared to the same period last year, Guangyu stated that last year's performance was boosted by strong shipments of new products from consumer electronics clients, setting a high base. This year, client sentiment is relatively conservative, and shipments of automotive products have not yet increased, resulting in a year-on-year decrease in revenue for both March and the first quarter.

Looking ahead to the second quarter, Guangyu indicated it will actively implement AI server shipment plans and strive to secure new orders from consumer and automotive clients, expecting a gradual increase in monthly revenue. (Editor: Yang Lan-hsuan) 1150408