Core Viewpoint - Suzhou Naxin Microelectronics Co., Ltd. has submitted an application to list on the Hong Kong Stock Exchange, with CICC, CITIC Securities, and Jianyin International as joint sponsors. The company previously submitted an application on April 25, 2025 [1]. Company Overview - Naxin Micro is a leading provider of analog chips in China, operating under a fabless model that focuses on chip research and design while outsourcing wafer manufacturing and packaging testing to trusted third-party foundries. The company offers a wide range of high-performance and reliable products and solutions in automotive electronics, energy, and consumer electronics [4]. - The company's product categories include sensors, signal chain chips, and power management chips, forming a complete system link from perception to signal processing and system power supply, playing a critical role in the connection and interaction between the real and digital worlds [4]. - According to Frost & Sullivan, Naxin Micro ranks 14th among all analog chip companies and 5th among Chinese manufacturers in the analog chip market, with a market share of 0.9% as of 2024 [4]. Competitive Advantages - Naxin Micro believes it can seize future opportunities and achieve sustainable growth due to several advantages: being a leading player in the Chinese analog chip market, leading in the automotive chip sector, possessing rich technical reserves for superior product performance, maintaining a strict quality control system, and having a forward-looking management team with industry experience [4]. Financial Performance - For the fiscal years 2022, 2023, and 2024, Naxin Micro reported revenues of approximately RMB 1.67 billion, RMB 1.31 billion, and RMB 1.96 billion, respectively. For the six months ending June 30 in 2024 and 2025, revenues were RMB 849 million and RMB 1.52 billion, respectively [5]. - The total comprehensive income for the same periods was approximately RMB 250 million, -RMB 305 million, -RMB 403 million, -RMB 266 million, and -RMB 78 million [5].

Core Viewpoint - Suzhou Naxin Microelectronics Co., Ltd. has submitted an application to list on the Hong Kong Stock Exchange, with CICC, CITIC Securities, and Jianyin International as joint sponsors. The company previously submitted an application on April 25, 2025 [1]. Company Overview - Naxin Micro is a leading provider of analog chips in China, operating under a fabless model that focuses on chip research and design while outsourcing wafer manufacturing and packaging testing to trusted third-party foundries. The company offers a wide range of high-performance and reliable products and solutions in automotive electronics, general energy, and consumer electronics [4]. - The company's product categories include sensors, signal chain chips, and power management chips, forming a complete system link from perception to signal processing and system power supply, playing a critical role in the connection and interaction between the real and digital worlds [4]. - According to Frost & Sullivan, Naxin Micro ranks 14th among all analog chip companies and 5th among Chinese manufacturers in the analog chip market, with a market share of 0.9% as of 2024 [4]. Competitive Advantages - Naxin Micro believes it can seize future opportunities and achieve sustainable growth due to several advantages: 1. Being a leading company in China's analog chip sector with a rich product matrix around key downstream application scenarios 2. Leading in the automotive chip field with a strong position in high-barrier markets 3. Excellent product performance backed by extensive technical reserves 4. A strict quality control system ensuring product reliability 5. A forward-looking management team with industry experience and a high-quality talent pool [4]. Financial Performance - For the fiscal years 2022, 2023, and 2024, Naxin Micro reported revenues of approximately 1.67 billion, 1.31 billion, and 1.96 billion RMB, respectively. For the six months ending June 30 in 2024 and 2025, revenues were approximately 849 million and 1.52 billion RMB, respectively [5]. - The total comprehensive income for the same periods was approximately 250 million, -305 million, -403 million, -266 million, and -78 million RMB [5]. - The company experienced a gross profit margin of 48.5% in 2022, which decreased to 28.0% in 2024, with a notable increase in sales costs as a percentage of revenue [6].

Group 1 - The core viewpoint of the article highlights the performance of the Penghua Science and Technology Innovation 100 ETF, which reported a net value growth rate of 49.82% over the past year [1] - The fund's top ten holdings have seen changes, with new additions including Dongxin Co., Ltd., Yuanjie Technology, and Yuntian Lefe [1] - Huahong Technology remains the largest holding at 3.74% of the fund's portfolio, while Zexing Pharmaceutical, Naxin Micro, and Guodun Quantum have exited the top ten holdings [1] Group 2 - Detailed data on the fund's top holdings shows that Dongxin Co., Ltd. has entered the top ten with 1.872 million shares valued at 200 million yuan, and Yuanjie Technology has also entered with 362,500 shares valued at 156 million yuan [1] - Other notable changes include a reduction in holdings for Huahong Technology by 1.75%, with 2.4635 million shares valued at 282 million yuan, and a decrease in holdings for Baijie Shenzhou by 1.89% [1] - The fund's overall strategy reflects a shift in focus towards emerging technology companies, as indicated by the new additions and reductions in existing holdings [1]

Core Insights - A total of 73 stocks in the Shanghai and Shenzhen markets have received net buying from major funds for five consecutive days or more as of October 23 [1] - The stock with the longest consecutive net buying days is Yongmaotai, which has seen net buying for 11 consecutive trading days [1] - Other notable stocks with significant net buying days include Yibin Paper, Hanghua Co., Baofeng Energy, Laofengxiang, Juxing Technology, Naxinwei, Daimei Co., and Kangwei Century [1]

Core Points - The company, Suzhou Naxin Microelectronics Co., Ltd., has announced the cancellation of certain special accounts for raised funds and dedicated settlement accounts for financial products [1][4] - The total amount raised from the initial public offering (IPO) was RMB 581,118.00 million, with a net amount of RMB 558,124.66 million after deducting various fees [1][2] - The company has decided to permanently supplement its working capital with the remaining over-raised funds amounting to RMB 71,926.68 million [3][4] Fund Management Situation - The company has established a dedicated account for the management and storage of raised funds, in compliance with relevant laws and regulations [2] - A tripartite supervision agreement has been signed with the sponsor and the bank managing the special account for raised funds [2] - The management and usage of raised funds as of June 30, 2025, will be detailed in a report to be disclosed on August 19, 2025 [2] Cancellation of Accounts - The company has completed the cancellation of the special accounts for raised funds and the dedicated settlement accounts for financial products [4] - All financial products purchased through the dedicated settlement account have matured and been redeemed, with no plans for further purchases [4] - The tripartite supervision agreement related to the special accounts has also been terminated [4]

Core Insights - Naxin Micro has received approval from the China Securities Regulatory Commission for the issuance of up to 40,976,900 ordinary shares on the Hong Kong Stock Exchange, marking a significant step in its international financing and expansion strategy [1] Company Overview - Naxin Micro is a fabless chip design company that provides high-performance and high-reliability analog chip solutions, primarily connecting the real world with the digital world [2] - The company has a diverse product matrix in sensors, signal chains, and power management chips [2] Market Position - According to Frost & Sullivan, Naxin Micro ranks fifth among Chinese manufacturers in the analog chip market based on projected revenue for 2024, and it is the only Chinese company focusing on all three major product categories in power management chips [2] - In the automotive analog chip segment, Naxin Micro is the leading Chinese manufacturer and ranks second among all fabless manufacturers for 2024, benefiting from the ongoing development of smart driving and automotive electronics [2] - The company holds a 15.6% market share in the Chinese digital isolator chip market, ranking first among Chinese manufacturers and second overall [2] - Naxin Micro has a 7.1% market share in the Chinese magnetic sensor market, reflecting its strong position in the automotive and industrial control sectors [2] Future Prospects - The upcoming listing in Hong Kong is expected to enhance the company's recognition in the capital markets, supporting its ongoing research and development in the analog chip and sensor industry, as well as its international expansion efforts [2] - The company aims to strengthen its presence in automotive-grade and industrial application fields in the future [2]

关于注销部分募集资金专项账户及理财产品专用 结算账户的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大 遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、募集资金基本情况 根据中国证券监督管理委员会于 2022 年 3 月 1 日出具的《关于同意苏州纳芯微 电子股份有限公司首次公开发行股票注册的批复》（证监许可〔2022〕427 号），公 司获准向社会公开发行人民币普通股 2,526.60 万股，每股发行价格为人民币 230.00 元，募集资金总额为 581,118.00 万元；扣除承销及保荐费用、发行登记费以及其他 发行费用共计 22,993.34 万元（不含增值税金额）后，募集资金净额为 558,124.66 万 元，上述资金已全部到位，经天健会计师事务所（特殊普通合伙）审验并于 2022 年 4 月 19 日出具了"天健验﹝2022﹞148 号"《验资报告》。 证券代码：688052 证券简称：纳芯微 公告编号：2025-039 苏州纳芯微电子股份有限公司 二、募集资金管理情况 （一）募集资金的管理与使用情况 根据有关法律、法规及公司《募集资金管理制度》，公司对 ...

Group 1 - The China Securities Regulatory Commission has approved Suzhou Naxin Microelectronics Co., Ltd. to issue up to 40.9769 million ordinary shares for listing on the Hong Kong Stock Exchange [1] - Naxin Microelectronics submitted its prospectus to the Hong Kong Stock Exchange on April 25, 2025, with CICC, CITIC Securities, and Jianyin International as joint sponsors [1] - As of October 21, 2025, Naxin Microelectronics has a total market capitalization of approximately RMB 26.4 billion [1] Group 2 - Excellence Ruixin is a well-known provider of digital solutions for higher education in China, focusing on the development, delivery, and operation of digital educational content and teaching scenarios [3] - According to Frost & Sullivan, Excellence Ruixin ranks second in the Chinese higher education digital teaching market with a market share of 3.4% as of 2023 [3] - The company holds the first position in the digital teaching content production market for higher education in China, with a market share of 6.2% [3]

Core Points - The China Securities Regulatory Commission (CSRC) has issued a notice regarding Suzhou Naxin Microelectronics Co., Ltd.'s overseas issuance and listing application [2] - The company plans to issue no more than 40,976,900 overseas listed ordinary shares and list them on the Hong Kong Stock Exchange [2]

Core Viewpoint - Naxin Microelectronics Co., Ltd. plans to issue up to 40,976,900 overseas listed ordinary shares and list on the Hong Kong Stock Exchange, as announced by the China Securities Regulatory Commission [1] Group 1: Company Overview - Naxin Micro is a leading provider of analog chips in China, operating as a fabless company focused on automotive electronics, general energy, and consumer electronics [3] - The company's product offerings include sensors, signal chain chips, and power management chips, forming a complete system link from perception to signal processing and power supply [3] Group 2: Market Position - According to Frost & Sullivan, Naxin Micro ranks fifth among Chinese manufacturers in the analog chip market based on revenue for 2024, being the only company among the top ten to focus on sensors, signal chain chips, and power management chips [3] - In the automotive analog chip market, Naxin Micro holds the first position among Chinese manufacturers and the second position among all fabless manufacturers based on revenue for 2024 [3] Group 3: Product Performance - Naxin Micro ranks first among Chinese manufacturers and second overall in the digital isolator chip market, with a market share of 15.6% based on revenue for 2024 [4] - The company also leads the Chinese magnetic sensor market with a 7.1% market share based on revenue for 2024, driven by rapid growth in demand from automotive and industrial control sectors [4]