Cambrian: 2024 net loss of 443 million yuan

Jinshi Data reported on February 27th that Cambricon Technologies achieved operating income of 1.174 billion RMB in 2024, an increase of 65.56% compared to the previous year, and a net profit attributable to the parent company owner of -443 million RMB. The main reason is the significant increase in operating income compared to the same period last year and the reversal of credit impairment losses during the reporting period.