ChipMOS TECHNOLOGIES INC.

Welcome to the 3rd Announcement Meeting of Nanmao Technology Co., Ltd. in 2025. At the beginning of the meeting, your phone will be on silent mode. Now, let's have Dr. Shen Gengxin, who is in charge of strategy and investment, introduce us to today's meeting. Dr. Shen, please. Good afternoon, everyone.

Welcome to the 3rd Announcement Meeting of Nanmao Technology Co., Ltd. in 2025. Today, we have Mr. Zheng Shijie, the chairman of the company. Good afternoon, everyone. Ms. Shu Yijiao, the vice chairman of the Taiwan Stock Exchange. Good afternoon, everyone. And Mr. Huang Guoliang, the vice chairman and spokesman for strategic and investment relations. Good afternoon, everyone. Today's meeting is hosted by Mr. Zheng, and he will explain the level of the third quarter, followed by Mr. Shu Yijiao, the vice chairman, and his financial indicators. Then, Mr. Zheng will explain the future business trend. After the presentation, we will start to accept your questions. Thank you, Dr. Shen.

I would like to thank everyone for participating in today's presentation of the results of NAMO Technology. In the third quarter of 2025, even though the demand for mid-range consumer goods is still weak, with the help of the recovery of the demand for memory products, the revenue of the third quarter has grown by 7.1% compared to the second quarter. This is also the third quarter of 2022, to be more profitable. In the third quarter, the net profit has increased by 12.4% due to the improvement in product combination and memory. The second quarter, the net profit has increased by 5.8%. Due to the change in profit, the second quarter has slowed down and the profit has increased. This quarter's EPS is about 0.5 yuan, which is close to the loss level of the first three seasons of this year. In terms of driving power, the average driving power of this season is 66%, which is 68% higher than the standard demand for memory products. The average driving power of mixed signal and memory testing has also risen to about 70%. The average operation rate of the drive IC wind test is 67%. This year, the break-in rate is around 57%. In terms of the distribution and sales of the production department, the demand for the recovery of the memory is about 29.9%. The overall signal and memory test is about 24.7%. 22.3% for the gold and silver parts. In terms of the product category, the DDI-C product is about 21.7%. The gold and silver parts are about 19.7%. D-RAM and S-RAM are about 18.5%. Logic and mixed signal products are about 9.7%. Further, let's look at the overall memory products. compared to last year, the revenue increased by 48.9% compared to last year, the revenue increased by 6%. Compared to last year, the revenue increased by 34.9%. Compared to last year, the revenue increased by 7.8% compared to last year, the revenue increased by 21.7%. Compared to last year, the revenue increased by 7.8% compared to last year, increase by about 12%. The proportion of Flush products is about 30.4%. The growth rate for the second quarter is about 12.7%. Compared to the same period last year, the growth rate is about 34.6%. The proportion of Flush sales this quarter is about 37.6%. Compared to the same period last year, the growth rate is about 7.3%. Compared to the same period last year, the growth rate is more than 60%. As for No-Flush products, the second quarter has grown by about 13.1%, which is more than 2.5% compared to the same period of growth last year. Then, in terms of drive ICs and metal parts, the total revenue of this quarter is about 41.4%. Although the middle-end consumer products are still weak, with the utilization of car panels and other products, its revenue decreased by 0.6% compared to the same period last year, which decreased by 21.8%. On the other hand, its revenue decreased by 0.4% compared to the same period last year, which decreased by 3.4% compared to the same period last year, which decreased by 3.4%. Compared to the second quarter, with a decline of about 0.8%. Of which, in this year's DDIG revenue, more than 37% is from the contribution of the push panel. Its revenue in the second quarter increased by about 14.6%. In terms of O-Lens products, its revenue in this year's DDIG revenue ratio is about 22.9%, with a decline of about 7.3% in the second quarter. In terms of middle-end applications, the proportion of vehicles to products is about 25.1%, while the second-generation has grown by about 4.2%. The smart operation equipment category is 35.7%, while the second-generation has increased by about 2.8%. The TV category is 11.1%, which is the same as the previous season. In addition, the customer demand is strong due to the increase in the number of new products. Consumption of electricity is 21.9% to 6.3% respectively in terms of the budget. The economy is clearly growing in the first quarter. These are the results of the third quarter of this year. Next, Ms. Shu Yi-jiao will report to you on various financial indicators.

After that, we will discuss the future business prospects. Good evening, everyone. Next, please attend the press conference. On the 12th, In the third quarter of 2025, the total profit of the joint business will be about NT$6144,000,000. The net profit of the parent company is about NT$352,000,000. The net profit of the parent company is about NT$0.5. The net profit of the parent company is about NT$0.33. 6% 6% 6% 6% 6% 6% The operating cost is NT$410 million, which is 6.7% of the total revenue. The second quarter is reduced by 3.3%. The operating profit is NT$370 million. The operating profit is 6%, which is 5.6% of the total revenue. The operating income is NT$69 million, The second quarter, the operating expenses are NT$682 million. The difference is NT$751 million. The main difference is that the net foreign exchange interest this quarter is NT$84 million. The net foreign exchange loss last quarter is NT$69 million. The difference is NT$774 million. According to the current interest rate of the parent company, is about NT$35,200,000. The second quarter is the net loss of five companies, which is about NT$533,000,000. The main difference is the net income outside the business, which is about NT$75,100,000. The profit of the business is about NT$34,900,000, and the fee for this quarter is about NT$ 8,600,000 yuan. 較第二季所得稅利益約新台幣1億2,800,000元, 差異約新台幣2億1,400,000元。 加權平均流通在外基本股數約為7億07,000,000股, 本年度與上年度比較。 第三季營收較去年同期增加1.2%, The operating profit is 12.4%, which is 13.9%, which is 1.5%. The operating cost is 8.6%. The operating profit is 6%, which is 0.9%. The operating income is NT$69,000,000. The operating expenditure is NT$65,000,000. The difference is NT$1.34 billion. The main difference is NT$8.4 billion. The difference is NT$7.3 billion. The difference is NT$1.57 billion. The interest is NT$1.3 billion. The difference is NT$1.7 billion. The company's net profit increased by 17.6% in the same period as last year. The main difference is that the operating profit increased by NT$134 million, and the operating profit decreased by NT$50 million, and the income tax increased by NT$31 million. The 14th page is the balance sheet and the main financial indicators. In the end of the third quarter of 2025, the total balance sheet will be NT$134 million, 4,294,600,000 yuan. At the end of the third quarter of 2025, the total debt will be 195,750,000 yuan. At the end of the third quarter of 2025, the total debt will be 233,710,000 yuan. Main financial indicators. At the end of the third quarter of 2025, the total debt will be 88,000 yuan. At the end of the third quarter of 2025, the total debt will be 55,000 yuan. This will get her being sending you a young girl. I didn't own and he sent me. She more. She didn't do what we were in. She might be. You got her to show you. She can see by one. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. The current cash flow is about NT$410,000,000. The main difference is that capital expenditure is reduced by about NT$160,000,000. The current cash flow is reduced by about NT$436,000,000. The relief cost is increased by about NT$271,000,000. The basic tax interest is about NT$20,000,000. Just like last year, the tax expense is about NT$20,000,000. One hundred and eighty-eight million yuan. The difference is about two hundred and eighty million yuan in new Taiwan dollars. Reduce the profit of the business by about six hundred and fifty million yuan in new Taiwan dollars. Page 16. Capital expenditure and discount. In the third quarter of 2025, the capital expenditure will be about seven hundred and ninety-seven million yuan in new Taiwan dollars. In the third quarter of 2025, the capital expenditure will be divided into five and six. Chidong IC封測相關產能佔22.2%,封裝服務相關產能佔14.1%,混合訊號及記憶體測試服務的相關產能佔58.1%,2025年第三季者就費用約為新的IB12億6千7百萬元,額外補充說明,截至2025年10月31日,本公司流通在外的美國存託憑證ADS is about 3.5 million units, accounting for about 9.7% of the company's issued shares. These are the financial indicators and comparisons for the third quarter of NANMAO Technology in 2025. Next, please, Chairman, provide us with the future business outlook. Chairman, please.

The outlook for the fourth quarter, although the end consumer demand is relatively conservative, due to the establishment of the AI cloud data center, to drive ESSD and EDR demand and drive the growth of future enterprises such as NEMFRUSH and low-end products. In addition, the development of edge devices such as Edge AI and low-cost AI solutions will also increase the demand for medium-end devices and memory products. Therefore, the performance of memory products is relatively stable. In terms of individual products, In terms of memory products' operation and mobility, with the help of customer storage recovery and demand stabilization, the overall mobility of the memory products is significantly superior to that of the DDR1 products. At the same time, the capacity of the wind turbine is continuously increasing. The mobility of the D-RAN products is significantly better than that of the DDR4 products The growth of power is more obvious due to the increase in product volume. In terms of flash, the power is slightly reduced due to the impact of customer storage adjustment. In terms of mobile IC, due to the previous mainland's supplementary policy, the pre-purchase of power supply has been reduced. Therefore, the power of TV and mobile DDI-C products is relatively weak. However, the performance of the car's panel and the need for OLED devices. Compared to other DDIG products, they are more stable. In the future, in terms of business development, we will focus on high-growth, high-performance products, and expand their production capacity, as well as coordinate the development of strategic customer products. In the business field of integrated signal products, we will use the original MAPS and TV SOC product test, to actively expand to DDR5 modules of power management IC, health, care, and other smart device logic products, as well as AI-related applications such as ASIC products, to improve long-term growth of integrated signal product lines. We continue to closely grasp the trend of the mid-range market, industry changes to adjust the product strategy and pace to master the opportunity of growth, and at the same time, to live up to the current assets, to expand the production capacity of DRAM and FRUSH, as well as to coordinate the long-term development needs of customers' DRAM new product projects. In addition, we also actively carry out various operating cost control, improve product quality, and other strengthening measures to improve profit, maintain subsequent profit, growth, and competitive advantage. In July, Nanmao Inc. issued its share of this year's stock market. This is part of the overall company's capital configuration strategy for capital expenditure and this year's stock market implementation measures. Although the company is in the first half of the year due to the international situation and industrial environment, face some challenges in the industry. However, the company has accumulated a lot of savings and capital attacks over the years, which are still enough to support the future of the stock market and continue to develop. As for the next year, the company's management team will, according to the subsequent situation and the overall capital configuration strategy, to actively fight for the board of directors, with the goal of not being inferior to this year's stock market, to maintain shareholder rights. Finally, starting from next year, 2026, the company will hold a legal meeting on the results of its operations, which will be held every quarter, and will be changed to every six months. However, the relevant operations results and financial reports According to the rules, the Board of Directors will approve the contract and announce it. Although the number of legal meetings will be reduced, we will actively participate in the meetings held by various investment institutions, such as investment forums, to improve communication between investors and ensure that the investment public can fully understand the operating results and financial situation of our company. Next, we will begin to ask questions. Wang Xi, please.

是的,谢谢董事长。 提问时间现在开始,请各位每次只问一个问题。 如果您需要提问,请在电话机按键上按米字键跟数字1。 当我们读出您的名字之后,请开始发问。 如果您需要取消发问,请按米字键跟数字2。 谢谢。 Now, if you have any questions, please press the button on the phone. Thank you. The first question is from Michael Xu.

Hello, Mr. Guan. Thank you for your information. The first thing I want to ask you is... If you look at the third-tier margin, can you break it down? For example, the next point of flight, or the relief, or other factors. Because at the moment, it looks like it will mainly be in the point of flight and some manpower costs. And then there is another part, in fact, I have recently learned that there may be a trend in the industry. The trend is starting to rise, and it is expected to Will the company's margin be noticed in the next ten years?

Yes, I would like to answer this first. I would like to ask the Finance Minister to answer the electricity bill part. As for the price adjustment part, I will answer your question later.

Okay, thank you. The electricity bill part is that the electricity bill for this season will increase by about 80 million Taiwan dollars. Because from mid-May to mid-November, there will be electricity bills. The same period as last year, there will be an increase of about NT$52 million. As for the discount, the same period as last year, there will be an increase of about NT$16 million. The same period as last year, there will be an increase of about NT$46 million. This is a comparison between the electricity bills and the same period as last year, and the same period as last year.

Regarding the price, I think everyone is clear. In terms of material cost, it increased by about NT$13 million in the last quarter. It increased by NT$255 million in the same quarter last year. Among them, wind noise increased by NT$268 million. The most important thing, I think, is the change in the price. In the third quarter, we have a relevant reaction to the price of wind noise, about 5% to 18%. Understood. Thank you.

Thank you, Mr. Chairman and Mr. Chairman. I have a follow-up question. Whether it's from the company's financial report or from other companies, the follow-up on the DTI is relatively better than the DTI. The first thing I want to understand is whether the follow-up, whether it's the DTI or the next year's employees, how will the company look at this part of The first is utility rate, and the second is whether this capacity is enough for the current customer to be able to look at it.

In terms of the infrastructure, I think our personal prediction is that next year will be a good year. I think that several of the same industry and several of the main products of Maverick, they have already explained to you in the law, so next year will be a good year. In terms of memory, whether it's in HBM, DDR5, DDR4, and NAND Flash, NAND Flash, they're all pretty good. So in terms of this aspect, we're currently trying our best to invest in the parallelization part. If we need to expand the capacity, we're very careful. We hope to be able to sign a contract long-term insurance contracts for us to invest. In addition, the price will also be reset. It will be more difficult to go to the IT sector. In the IT sector, we will, as I just told you, we will spend some limited assets to buy the money for the memory or high-end logic testing machines. At the same time, we will also install new wind energy storage spaces. I understand.

Thank you, Chairman.

We will now proceed with questions. If you have any questions, please feel free to ask them on the phone. No one has asked any questions. We will now hand over to Dr. Shen. Dr. Shen, please.

Thank you for your time. We will now hand over to Chairman Tong. Chairman Tong, please.

Thank you for your time and questions. Please feel free to ask any questions. Thank you.

Yes, thank you, Chairman. Thank you for your participation today. That's all for today. You may leave now. Thank you. Goodbye.

Goodbye.