Cambricon Turns Profitable: Forecasts Over 1.85 Billion Yuan Net Profit for Last Year; Chairman Chen Tianshi's Compensation at 1.16 Million Yuan, Top Wealth Holder in Jiangxi; Average Employee Pay Reaches 720,000 Yuan

Deep News02-06

Cambricon Technologies Corporation Limited (688256) has issued its 2025 performance forecast, anticipating annual revenue between 6 billion and 7 billion yuan, representing a year-on-year increase of 410.87% to 496.02%. Net profit attributable to shareholders is projected to be in the range of 1.85 billion to 2.15 billion yuan, while adjusted net profit is expected to be between 1.6 billion and 1.9 billion yuan. This marks a significant turnaround for Cambricon, which has successfully moved into profitability after years of consecutive losses.

The company attributed the strong performance to its sustained focus on research, development, and technological innovation in artificial intelligence chip products. Benefiting from the continued surge in computing power demand within the AI industry during 2025, Cambricon expanded its market presence by leveraging its product competitiveness and actively promoted the implementation of AI application scenarios. This led to a substantial increase in revenue compared to the previous year, thereby boosting overall operating performance and achieving a profitable net result.

Chen Tianshi, who serves as Chairman, General Manager, and a core technical personnel member of Cambricon, received a pre-tax remuneration of 1.1622 million yuan from the company in 2024. Born in 1985, the 41-year-old holds a Ph.D. in Computer Software and Theory from the University of Science and Technology of China. From July 2010 to September 2019, he worked at the Institute of Computing Technology, Chinese Academy of Sciences, holding positions including Assistant Researcher, Associate Researcher and Master's Supervisor, and Researcher and Doctoral Supervisor. He founded Cambricon in March 2016.

According to the recently updated Forbes China Rich List as of January 2026, Chen Tianshi's wealth is valued at $25.6 billion (approximately 178 billion yuan), ranking him 13th nationally. He is the highest-ranked entrepreneur from Jiangxi province.

Compensation for other directors, supervisors, and senior executives at Cambricon also mostly exceeds one million yuan. Based on the 2024 annual report, Director, Deputy General Manager, and core technical personnel Liu Shaoli received 1.3622 million yuan; Director and Deputy General Manager Wang Zai received 1.5122 million yuan; Director, Deputy General Manager, Chief Financial Officer, and Board Secretary Ye Haoyin received 1.3622 million yuan; Chairman of the Supervisory Board Wang DunChun received 1.27 million yuan; Employee Representative Supervisor Hu Shuai received 1.4803 million yuan; Deputy General Manager and core technical personnel Chen Shuai received 1.27 million yuan; Deputy General Manager and core technical personnel Liu Yi received 1.2379 million yuan; and Deputy General Manager and core technical personnel Zhang Yao received 1.2942 million yuan.

Calculated based on "cash paid to and on behalf of employees divided by the total number of employees," the average employee compensation at Cambricon reached 720,000 yuan in 2024.

Cambricon specializes in the R&D and technological innovation of AI chip products, focusing on developing core processor chips for the artificial intelligence field. The company's main product lines include cloud product lines, edge product lines, IP licensing, and software.

Cambricon has successively launched the Cambricon 1A, 1H, and 1M series intelligent processors for terminal scenarios; the Siyuan 100, 270, 290, and 370-based cloud intelligent accelerator card series products; and the Siyuan 220-based edge intelligent accelerator card. Cambricon's intelligent processor IP products have been integrated into over 100 million smartphones and other intelligent terminal devices, while the Siyuan series products have been adopted in products from several server manufacturers. Furthermore, the Siyuan 270 and Siyuan 290 chips have received awards from the 6th World Internet Conference and the World Artificial Intelligence Conference, respectively. Since its launch, cumulative sales of the Siyuan 220 have surpassed one million units.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment