Goke Micro and Jingjiawei are both the most prestigious chip design companies in Changsha. Both companies have outstanding performance in the chip field, but in terms of financial reports, Goke is slightly stronger.

The two companies have many similarities. Both were founded during the "Eleventh Five-Year Plan" period, and both received first-phase investment from the National Fund. Their founding team members all graduated from universities in Changsha, Hunan. But none of them have overseas study experience, and none of them had core technologies and patents to support them before the company was established. They are obviously different from the start-up teams of many current AI chip startups.

Jingjiawei is the only Hunan listed company in China that has complete independent property rights for GPUs and produces chips used as the "eyes" of advanced fighter jets... Jingjiawei is currently the only company in my country that has developed M9 graphics for ATI. The company controls the chip and is based on the Vxworks operating system driver. It is also the only company in my country that has developed the graphics processing chip JM5400 with all independent intellectual property rights. It has applied for 83 national invention patents.

GokeMicro invests 30% of its sales revenue in research and development every year, and has long been committed to the development of large-scale integrated circuits and solutions in the fields of radio and television, security monitoring, solid-state storage, and the Internet of Things. Guoke Micro's second-generation storage main control chip - GK2301, which has completely independent intellectual property rights.

Jingjiawei disclosed its first-quarter performance forecast on the evening of March 11. The company’s pre-profit was 44 million yuan to 50 million yuan, a year-on-year increase of 72.75% to 96.3%. The performance growth was due to factors such as the substantial growth in sales of the company's chip products and the steady year-on-year growth in product sales in the graphics display and control field. The company disclosed a performance report on the same day. The company achieved total operating income of 654 million yuan in 2020, an increase of 23.17% over the same period last year; net profit was 208 million yuan, an increase of 18.23% over the same period last year.

Guoke Micro achieved total operating income of 730 million in 2020, a year-on-year increase of 34.6%; net profit attributable to the parent company was 70.856 million, a year-on-year increase of 4%; earnings per share were 0.39 yuan. In the first quarter of 2021, the company achieved total operating income of 410 million, a year-on-year increase of 732.1%; net profit attributable to the parent company was 1.177 million, compared with -34.956 million in the same period last year, turning a year-on-year loss.

Guoke Micro and Jing Jiawei have different achievements in different fields. From the perspective of the semiconductor industry, they are both excellent semiconductor industries and have independent property rights of their own core technologies.