According to the Annual Report Disclosed by Weier Co., Ltd., the Company's Operating Revenue in 2020

It is understood that since its establishment in 2007, weir has been engaged in semiconductor product design business and semiconductor product distribution business. At present, the company's semiconductor product design business mainly includes image sensor products, touch and display driver integrated chips and other semiconductor device products. Meanwhile, as one of the major distributors of semiconductor products in China, Weier Co., Ltd. continues to maintain close cooperation with major global semiconductor suppliers, major domestic module manufacturers and end customers with mature technical support team and perfect supply chain management system.

In recent years, weir shares has frequently carried out external mergers and acquisitions. In August 2019, weir Co., Ltd. completed the major asset restructuring of acquiring Beijing Howell technology and spiko. In April 2020, weir Co., Ltd. acquired the single-chip LCD touch and display driver integrated chip (tddi) business based on Asia from Synaptics incorporated.

After the above acquisition, the main business of Weier Co., Ltd. is still semiconductor product design business and semiconductor product distribution business. In 2020, the company's semiconductor design business revenue accounted for 87.42% of the main business revenue, an increase of 52.02% over the same period of last year.

In 2020, the company's semiconductor distribution business realized a revenue of 2.485 billion yuan, accounting for 12.58% of the company's main business revenue in 2020, an increase of 11.20% over the previous year. According to Weill Co., Ltd., the semiconductor distribution business is an important source of information for the company to understand the market demand. Under the background of maintaining the sales scale of the existing semiconductor distribution business, the company will help the rapid development of the company's semiconductor design business by acting as an agent for more product types, enriching the customer base and product application fields.

Weir has always attached great importance to technology R & D and continuously increased R & D investment. In 2020, the R & D investment of the company's semiconductor design business reached 2.099 billion yuan, an increase of 23.91% over the same period of last year. The company continues to steadily increase R & D investment in various product fields to provide sufficient guarantee for product upgrading and R & D of new products. By the end of the reporting period, the company had 4126 patents, including 3947 invention patents and 179 utility models; 141 IC layout design rights; 112 software copyrights.

Weir said in its annual report that the semiconductor industry chain has always been characterized by its rapid technological change and continuous high-level R & D investment. For companies engaged in semiconductor business, they must constantly upgrade and develop new materials, increasingly complex chip design Continuous R & D investment in creative process and advanced integrated circuit packaging technology. In 2021, the company will continue to increase the capital investment in R & D system, ensure the formation of independent intellectual property rights of the company's core technology, and transform the core technology into a series of products with wide market demand.