Company Overview - Jiewa Technology Co., Ltd. operates as an integrated circuit design company focusing on analog integrated circuits, utilizing a virtual IDM model for research and development [3][4] - The company offers a comprehensive range of analog integrated circuit products, including power management and signal chain integrated circuits, with approximately 3,400 models available for sale as of October 31, 2025 [4] Market Position - In the Chinese analog integrated circuit market, Jiewa is ranked 13th globally with a market share of 0.9% as of 2024 [5] - The company ranks 8th globally and 4th among Chinese companies in the power management integrated circuit segment, holding a market share of 1.3% [5] - Jiewa ranks 6th globally and 2nd among Chinese companies in the DC-DC integrated circuit segment, with a market share of 1.9% [5] - In the communications market, Jiewa ranks 5th globally and 2nd in China for power management integrated circuits, with a market share of 3.0% [5] Financial Performance - Revenue for Jiewa was approximately RMB 1.447 billion in 2022, RMB 1.297 billion in 2023, RMB 1.679 billion in 2024, and is projected to reach RMB 2.113 billion in 2025 [8] - The company reported a profit of RMB 136 million in 2022, but incurred losses of RMB 533 million in 2023, RMB 611 million in 2024, and RMB 496 million in 2025 [9] - Gross profit margins were 38.5% in 2022, dropping to 11.8% in 2023, and recovering to 22.6% in 2025 [11] Industry Overview - The global integrated circuit market is projected to grow from RMB 2.49 trillion in 2020 to RMB 3.61 trillion by 2024, with a compound annual growth rate (CAGR) of 9.7% [12] - The Chinese integrated circuit market is expected to expand from RMB 0.88 trillion in 2020 to RMB 1.45 trillion by 2024, with a CAGR of 13.3% [12] - Key drivers of growth include advancements in artificial intelligence, automotive electronics, and communication technologies [12]

证券代码：688141 证券简称：杰华特 公告编号：2026-001 杰华特微电子股份有限公司 关于重新向香港联合交易所有限公司递交H股发行及 上市的申请并刊发申请资料的公告 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、准确性和完整性依法承担法律责任。 杰华特微电子股份有限公司（以下简称"公司"）正在进行申请境外发行 股份（H股）并在香港联合交易所有限公司（以下简称"香港联交所"）主板 上市（以下简称"本次发行"）的相关工作。公司已于2025年5月30日向香港 联交所递交了本次发行的申请，并在香港联交所网站刊登了本次发行的申请资 料。 根据公司本次发行的时间安排及香港联交所的相关规定，公司已于2026 年1月13日向香港联交所重新递交了本次发行的申请，并于同日在香港联交所 网站刊登了相关更新文件。该申请材料为公司按照香港联交所及香港证券及期 货事务监察委员会的要求编制和刊发，为草拟版本，其所载资料可能会适时作 出更新及修订，投资者不应根据其中的资料作出任何投资决定。 鉴于本次发行的认购对象仅限于符合相关条件的境外投资者及依据中国 相关法律法规有权进行境 ...

JOULWATT TECHNOLOGY CO., LTD. 杰華特微電子股份有限公司 据港交所1月13日披露，杰华特微电子股份有限公司(688141.SH)向港交所主板递交上市申请，中信证券 为其独家保荐人。该公司曾于2025年5月30日向港交所递交过上市申请。据招股书，杰华特是以虚拟集 成器件制造商模式经营的模拟集成电路设计企业，专注于模拟集成电路的研发。 IWJOULWATT 最高[編纂] : 每股H股[編纂]港元,另加1%經紀 佣金、0.0027%證監會交易徵費、 0.00565%聯交所交易費及0.00015% 會財局交易徵費(須於申請時以港元繳 足,多繳款項可予退還) 獨家保薦人 ·[編纂] 4 中信证券 [編纂]的[編纂]數目 : [編纂]股H股(視乎[編纂]行使與否而定) [編纂]數目 : [編纂]股H股(可予[編纂]) 面值 : 每股H股人民幣1.00元 [編纂] : [編纂] (於中華人民共和國註冊成立的股份有限公司) [编纂] [編纂]數目 : [編纂]股H股(可予[編纂]及視乎[編纂] 行使與否而定) ...

Group 1 - The core point of the article is that Jiewa Technology Co., Ltd. has submitted an application for listing on the Hong Kong Stock Exchange, with CITIC Securities as the sole sponsor [1] - Jiewa is an analog integrated circuit design company that operates under a virtual integrated device manufacturing model, focusing on the research and development of analog integrated circuits [1] Group 2 - The company previously submitted a listing application to the Hong Kong Stock Exchange on May 30, 2025 [1] - The application includes details about the number of H-shares to be issued, which is contingent upon certain conditions [2] - The face value of each H-share is set at RMB 1.00 [2]

Core Viewpoint - Jiewa Technology Co., Ltd. has submitted an application for listing on the Hong Kong Stock Exchange, with CITIC Securities as the sole sponsor, indicating a strategic move to enhance its market presence and capital access [1]. Group 1: Company Overview - Jiewa Technology is a manufacturer operating under a virtual integrated device model, focusing on the research and development of analog integrated circuits [1]. Group 2: Listing Details - The company previously submitted a listing application to the Hong Kong Stock Exchange on May 30, 2025 [1]. - The face value of each H share is set at RMB 1.00 [3].

格隆汇1月13日｜杰华特微电子股份有限公司向港交所提交上市申请书，独家保荐人为中信证券。 ...

Investment Strategy - The report emphasizes focusing on FAB and storage manufacturers that are expanding production and the recovery cycle of analog chips [3] - Longxin plans to raise 29.5 billion yuan, while SMIC Southern will receive a total cash contribution of 7.778 billion USD from shareholders [3] - Recommended companies include SMIC, Hua Hong Semiconductor, Zhongwei Company, and others [3] Market Trends - Microchip CEO noted a broad recovery in multiple end markets, with initial orders for the new quarter significantly better than the same period last year [3] - The storage demand is driven by AI, with prices still in an upward cycle; TrendForce predicts a 55-60% increase in general DRAM contract prices for Q1 2026 [3][30] Company Performance - The semiconductor index rose by 4.47% in December 2025, underperforming the electronics sector by 0.69 percentage points but outperforming the CSI 300 index by 2.19 percentage points [8] - Notable stock performances included Micron Technology (+20.74%) and Microchip Technology (+18.92%) [10] Semiconductor Sales Data - Global semiconductor sales reached 75.28 billion USD in November 2025, marking a year-on-year increase of 29.8% [26] - China’s semiconductor sales accounted for 26.9% of the global total, with a year-on-year growth of 15% [36] Price Trends in Storage - DRAM and NAND Flash contract prices increased in November, with DRAM prices rising from 7.00 USD to 8.10 USD and NAND Flash prices from 5.19 USD to 4.35 USD [30] - Predictions indicate a 55-60% increase in general DRAM contract prices and a 33-38% increase in NAND Flash prices for Q1 2026 [30][32]

香港聯合交易所有限公司及證券及期貨事務監察委員會對本申請版本的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示概不就因本申請版本全部或任何部分內容而產生或因依賴該等內容而引 致的任何損失承擔任何責任。 JOULWATT TECHNOLOGY CO., LTD. 杰華特微電子股份有限公司 （「本公司」） （於中華人民共和國註冊成立的股份有限公司） 的申請版本 警告 本申請版本乃根據香港聯合交易所有限公司（「聯交所」）及證券及期貨事務監察委員會（「證監 會」）的要求而刊發，僅用作提供資訊予香港公眾人士。 本申請版本為草擬本，其內所載資訊並不完整，亦可能會作出重大變動。 閣下閱覽本文件， 即代表 閣下知悉、接納並向本公司、本公司的獨家保薦人、整體協調人、顧問及包銷團成員 表示同意： 倘在適當時候向香港公眾人士提出要約或邀請，有意投資者務請僅依據於香港公司註冊處處長 註冊的本公司招股章程作出投資決定。招股章程副本將於發售期間向公眾發放。 (a) 本文件僅向香港公眾人士提供有關本公司的資料，概無任何其他目的。投資者不應根據 本文件中的資料作出任何投資決定； (b) 在聯交所網站登載本文件或其補充、修訂或更 ...

Group 1 - The core viewpoint of the news is that Jiewate Microelectronics Co., Ltd. has shown significant stock performance and growth in revenue, indicating a positive market sentiment and potential investment opportunity [1][2]. Group 2 - As of January 9, Jiewate's stock price increased by 2.04%, reaching 50.08 CNY per share, with a total market capitalization of 22.55 billion CNY [1]. - The company has experienced a year-to-date stock price increase of 15.31%, with a 29.54% rise over the past 20 days [1]. - Jiewate's main business involves the research and sales of analog integrated circuits, with power management chips accounting for 93.09% of its revenue [2]. - The company reported a revenue of 1.942 billion CNY for the first nine months of 2025, reflecting a year-on-year growth of 63.01% [2]. - The number of shareholders increased by 12.90% to 12,400 as of September 30, 2025 [2]. - The top ten circulating shareholders include notable funds, with changes in holdings indicating shifts in institutional interest [3].

1月7日，杰华特涨5.16%，截至发稿，报50.95元/股，成交9.20亿元，换手率4.17%，总市值229.44亿 元。 资料显示，杰华特微电子股份有限公司位于浙江省杭州市西湖区三墩镇圣塘坝街19号圣塘芯城A座,香港 铜锣湾希慎道33号利园1期19楼1919室，成立日期2013年3月18日，上市日期2022年12月23日，公司主营 业务涉及模拟集成电路的研发与销售,为客户提供高效率、高性能、高可靠性的一站式模拟集成电路产 品解决方案。主营业务收入构成为：电源管理芯片93.09%，其中:DC-DC芯片56.79%，其中:AC-DC芯片 20.48%，其中:线性电源芯片14.40%，信号链芯片4.37%，功率产品1.69%，其中:电池管理芯片1.43%， 技术服务收入0.82%，其他(补充)0.02%，其他0.01%。 从杰华特十大流通股东角度 嘉实上证科创板芯片ETF（588200）基金经理为田光远。 截至发稿，田光远累计任职时间4年306天，现任基金资产总规模754.08亿元，任职期间最佳基金回报 134.68%， 任职期间最差基金回报-46.65%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动 ...