Recently, Shenzhen BIWIN Storage Technology Co., Ltd. (hereinafter referred to as “BIWIN”; stock symbol: 688525) was awarded the “2024 Elite Board Secretary Award” by CLS (Cailian Press), and garnered two titles in Hithink RoyalFlush (Tonghuashun) Annual TOP 100 Listed Companies rankings: “Most Popular Listed Company” and “Most Popular Board Secretary.” These honors are not only a demonstration of the company’s solid position and technical strength in the storage sector but also a keen reflection of BIWIN’s growing brand influence and investor recognition in the capital markets.
01 Integrated R&D and Packaging 2.0 Strategy Driving High-Quality Development
BIWIN has been serving as a top-tier storage solution provider at home, and has built up critical competitiveness in research and development for storage solutions and advanced packaging and testing over the years. Backed by continuous enhancement of in-house R&D capabilities and the implementation of full-chain layout, BIWIN has ushered in its new strategic phase featuring the “Integrated R&D and Packaging 2.0 Strategy”. A comprehensive and differentiated product portfolio covering main kinds of categories of NAND Flash and DRAM has been established to deliver one-stop storage solutions for multiple areas worldwide including mobile intelligent terminals, PC, industry terminals, data centers, intelligent vehicles, portable storage sectors and more.
In the first three quarters of 2024, amid favorable industry opportunities, BIWIN increased its R&D innovation investments and achieved breakthrough growth in performance through strong customer expansion capabilities. The company achieved revenue of 5.03 billion yuan, up 136.8% year-over-year, with net profit attributable to shareholders of 230 million yuan, up 147.1%. With a strong customer base in mobile phones, PCs, and wearables, the company will continue to expand its customer coverage and deepen partnerships while leveraging its advantages in self-developed controllers and packaging and testing capabilities to expand into enterprise and automotive-grade markets. A great deal of effort has been invested in the innovation and upgrade of frontier technologies such as AI and computing-in-memory, as part of our driving force to actively explore the practical application and coordination within its business domain.
02 Building Trust Bridges with Investors Strengthening Corporate Value Management
Since assuming the role of Secretary of the Board, Yanfeng Huang has perfected his professionalism and expertise with a responsible approach to enthusiastically promote the company’s development across multiple dimensions including governance standards, information disclosure quality, investor relations, and market value management. Together with the investor relations team, an efficient and transparent communication mechanism has been jointly established to contribute to the development of corporate image in the capital market. In addition, more diversified communication channels, including performance briefings, on-site research activities, dedicated investor service hotlines, and interactive investor platforms, are accessible to investors and the wider market, enabling a more complete and in-depth presentation of the company’s operational models, research and development strengths and product market competitiveness, aimed at further enhancing the company’s trust and recognition from the whole capital market.
The company has also shifted close attention to the market dynamics and policy directions, and taken on the role as an active practitioner of “Guidelines for the Supervision of Listed Companies No. 10—Market Value Management”, making sure that its market value management efforts are progressed in compliance with laws and regulations, so as to facilitate high-quality development. Apart from the endeavors in operational management, BIWIN has launched a series of motivational mechanisms, for instance equity incentive plans and employee stock ownership programs, in the hope of energizing both the employees and management teams and boosting market confidence. On June 14, 2024, the company was officially listed as a constituent stock in the “STAR 50” Index and clinched the “2024 Most Valuable Sci-Tech Innovation Board Listed Company” award at the “Fifth Anniversary of the Opening of the Sci-tech Innovation Board Summit”, reflecting the capital market’s high recognition of the company’s past achievements and future potential, as well as its deep foundation in technological innovation.
03 Improving Internal Governance System Ensuring Compliant and Stable Operations
BIWIN is also committed to perfecting its information disclosure system and strengthening compliance training, continuously improving corporate governance and risk management capabilities. Yanfeng Huang has led the whole team to build a sound information disclosure system, which works to enhance transparency and accuracy in information disclosure, and guarantee timely release of objective and fair annual, semi-annual, and quarterly reports. Meanwhile, the company maintains good communication with regulatory authorities, maintaining a positive image in capital markets.
Since its inception, BIWIN has been dedicated to building, refining, and perfecting a modern enterprise system. Much efforts have been channeled to optimize the functional allocation of the shareholder meetings, board of directors, and supervisory board, along with several specialized committees under the board being set up to create a clear and mutually restrictive governance mechanism. The implementation and development of a slew of internal management systems such as the “Independent Director System” are conducive to further strengthening internal controls, providing a solid institutional foundation for its stable operation. Besides, the company also continues to improve its risk warning and response mechanisms by conducting regular collection and analysis of the latest regulatory policies from the capital market and communicating them promptly to key business departments, with a focus on training for the “key few,” including controlling shareholders, actual controllers, and senior executives, on capital market regulations and professional knowledge to enhance their awareness of self-discipline and compliance, thus jointly promoting the company’s standardized operation.
Conclusion
The repeated recognition from the capital market not only highlights the significant contributions of Yanfeng Huang and the investor relations team but also underscores the remarkable achievements BIWIN has made in strengthening its technological capabilities and driving high-quality development. Moving forward, the company will continue to adhere to high standards of information disclosure, optimize internal management and external communication platforms, and strive to create more value for investors. Based on its first-mover advantages in brand, technology, industry chain layout, and capital, BIWIN will firmly grasp the future development trends of the industry, continually build technological, market, and brand barriers, and enhance corporate profitability, creating value for shareholders and the industry.