智通财经APP获悉，9月30日共有5家上市公司的限售股解禁，解禁总市值约76.41亿元。 | 股票简称 | 股票代码 | 限售股类型 | 解禁股数 | | --- | --- | --- | --- | | 凡拓数创 | 301313 | 发行前股份限售流通 | 3354.25万 | | 哈三联 | 002900 | 股权激励限售流通 | 198.16万 | | 欧晶科技 | 001269 | 发行前股份限售流通 | 1.09亿 | | 博菲电气 | 001255 | 发行前股份限售流通 | 6000万 | | 和林微纳 | 688661 | | 14.12万 | 今日具体限售解禁股情况如下： ...

| "看家本领" 与上市图谋 国产 MCU 的 "出货王" 9 月 23 日刚递表港交所的中微半导，是国内 MCU 领域的老大哥 ——2024 年以 12.6% 的市占率 坐稳中国市场头把交椅，家里的 8 位 MCU 长期卖得最好，美的、格力都是它的常客。靠着 MCU、SoC 芯片打天下，公司 2025 年上半年赚了 8647 万元，毛利率回升到 31.1%。这次去港股 募资，主要想攻克车规级芯片和 AI 专用 MCU，把国产替代的阵地再往前推推。 进入 9 月下旬，香港资本市场的半导体与智能制造赛道格外热闹。中微半导、晶晨股份、星宸科 技、北京君正、和林微纳、优艾智合密集递表，从芯片设计到工业机器人，六家企业带着各自的 技术家底奔赴港股，掀起一场硬核科技的资本狂欢。 全球电视里的 "隐形芯片" 作为首家科创板受理企业，晶晨股份 9 月 25 日正式递表港股，要凑 "A 股 + H 股" 的热闹。你家 的智能电视、机顶盒里，很可能就装着它的芯片 —— 全球每 3 台机顶盒、每 5 台电视里就有一 颗，累计出货早超 10 亿颗。公司 90% 以上的收入来自海外，2024 年净利润飙涨 64% 达 8.19 亿 ...

Summary of Key Points Core Viewpoint The Hong Kong stock market has seen significant activity from September 21 to September 27, with 25 companies submitting prospectuses, 3 companies passing hearings, and 2 new stocks successfully listed. Group 1: Companies Submitting Prospectuses - A total of 25 companies submitted listing applications to the Hong Kong Stock Exchange during the specified period, including major players like 大洋电机, 天赐材料, and 格林美 [2][4][5] - Notably, 12 of these companies have already listed on the A-share market, indicating a trend towards dual listings in both A and H shares [2][4] Group 2: Companies Passing Hearings - Three companies successfully passed hearings: 长风药业, 挚达科技, and 金叶国际 [30] - 长风药业 focuses on biopharmaceuticals for respiratory diseases, with projected revenues of 6.08 billion RMB in 2024 [31] - 挚达科技 is the largest provider of home electric vehicle charging stations globally, with revenues of 5.9 billion RMB in 2024 [32] - 金叶国际 is a long-established electromechanical engineering contractor, specializing in HVAC systems [33] Group 3: Companies in the IPO Process - Five companies are currently in the IPO process, including 长风药业, 紫金黄金国际, 西普尼, 博泰车联, and 奇瑞汽车 [34] - 奇瑞汽车 successfully listed on September 25, with a first-day stock price increase of 13.75% [41][43] Group 4: Financial Performance of Companies - 大洋电机 reported total revenues of approximately 109.3 billion RMB in 2022, with a projected increase to 121.13 billion RMB in 2024 [5] - 天赐材料's revenues were approximately 223.17 billion RMB in 2022, expected to decline to 125.18 billion RMB in 2024 [6] - 格林美's revenues were around 293.92 billion RMB in 2022, projected to reach 332.00 billion RMB in 2024 [7] - 万辰集团, a leading snack and beverage retailer, reported revenues of 5.49 billion RMB in 2022, with a significant increase to 323.29 billion RMB in 2024 [10] Group 5: Market Trends and Insights - The trend of companies seeking dual listings in both A and H shares is becoming more prevalent, reflecting a strategic move to access broader capital markets [2][4] - The overall activity in the Hong Kong IPO market indicates a robust interest from companies looking to capitalize on the favorable market conditions [2][30]

Core Viewpoint - Helin Micro-Nano Technology Co., Ltd. has submitted an application for H-share issuance and listing on the Hong Kong Stock Exchange, aiming to raise funds for R&D, market expansion, and strategic investments [2] Financial Performance - The company reported revenues of 288 million yuan, 286 million yuan, and 568 million yuan from 2022 to 2024, with net profits of approximately 19 million yuan, -21 million yuan, and -8.7 million yuan respectively [2] - In the first half of 2025, the company achieved revenue of 439 million yuan, a significant increase from 229 million yuan in the same period of the previous year, and a net profit of 30.68 million yuan compared to a loss of 7.1 million yuan in 2024 [3] Profitability Metrics - The company's gross margin has been declining, from 38.1% in 2022 to 20.9% in 2023, and further to 15.8% in 2024, primarily due to rising sales costs outpacing revenue growth [3] - The net margin fluctuated from 13.3% in 2022 to 7% in the first half of 2025, influenced by cost and revenue mismatches and increasing operational costs [4] Cash Flow and Liquidity - The company experienced a net cash outflow of 11.06 million yuan from operating activities in 2023, although it later recovered to net inflow [4] - As of June 30, 2025, the company held cash and cash equivalents of 223 million yuan [5] Customer and Supplier Dependency - The top five customers accounted for 46.9% to 62.8% of revenue from 2022 to the first half of 2025, with the largest customer contributing 25.1% of revenue in the first half of 2025 [5] - The company has a high reliance on a few suppliers for critical raw materials, which poses risks if supply relationships are disrupted [5] Shareholder Information - The controlling shareholder, Luo Xingshun, holds a direct stake of 33.33% and an indirect stake of 4.71%, totaling approximately 38.04% of the company [5] - Luo Xingshun reduced his shareholding by 1.12% between June 27, 2025, and September 26, 2025, realizing approximately 73.16 million yuan from the sale [6]

Core Viewpoint - He Lin Micro-Nano has submitted an application for H-share issuance and listing on the Hong Kong Stock Exchange, aiming to expand its market presence and capitalize on its leading position in the micro-nano manufacturing sector [1][2]. Company Overview - He Lin Micro-Nano is a leading provider of micro-nano manufacturing solutions, offering a comprehensive product portfolio that includes MEMS micro-nano manufacturing components, semiconductor test probes, and micro drive systems [1]. - The company ranks second globally in revenue for MEMS acoustic module micro-nano manufacturing components and is the top domestic enterprise in China for semiconductor final test probes, ranking fourth among all global suppliers [1]. Product Applications - The MEMS micro-nano manufacturing components are integrated into devices such as smartphones, AR/VR headsets, medical hearing aids, and Bluetooth speakers, enabling voice capture, noise control, and pressure sensing functionalities [2]. - The semiconductor test probes developed by the company are essential consumables in the semiconductor packaging and testing processes, supporting devices used in 5G smartphones, AI/data center computing, networking equipment, and automotive electronics [2]. - The micro drive systems are compact drive systems for household robots, designed to meet demands for low noise operation, durability, and precise motion control [2]. Financial Performance - He Lin Micro-Nano has experienced strong revenue growth over the past few years, with revenues of RMB 288 million in 2022, projected revenues of RMB 569 million in 2024, and revenues of RMB 440 million in the first half of 2025 [2].

Core Viewpoint - Helin Micro-Nano (688661.SH) has submitted an application for issuing H-shares and listing on the Hong Kong Stock Exchange on September 26, 2025 [1] Group 1 - The company has filed its application with the Hong Kong Stock Exchange [1] - The application materials for the issuance have been published on the Hong Kong Stock Exchange's website [1]

Group 1 - The company, Helin Weina (688661.SH), has submitted an application for issuing shares (H-shares) and listing on the Hong Kong Stock Exchange on September 26, 2025 [1] - The application materials for this issuance were published on the Hong Kong Stock Exchange website on the same day [1]

Group 1 - The company, Huanlin Micro-Nano (688661.SH), has submitted an application for issuing shares (H-shares) and listing on the Hong Kong Stock Exchange on September 26, 2025 [1] - The application materials for this issuance were published on the Hong Kong Stock Exchange website on the same day [1]

https://www1.hkexnews.hk/app/sehk/2025/107713/documents/sehk25092602468 _c.pdf 证券代码：688661 证券简称：和林微纳 编号：2025-049 苏州和林微纳科技股份有限公司 关于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。 苏州和林微納科技股份有限公司（以下简称"公司"）已于 2025 年 9 月 26 日向香港联合交易所有限公司（以下简称"香港联交所"）递交了在境外发行股 份（H 股）并在香港联交所主板上市（以下简称"本次发行 H 股及上市"或"本 次发行"）的申请，并于同日在香港联交所网站刊登了本次发行的申请资料。该 申请资料为公司按照香港证券及期货事务监察委员会及香港联交所的要求编制 和刊发，为草拟版本，其所载资料可能会适时作出更新和变动。 鉴于本次发行的认购对象仅限于符合相关条件的参与香港公开发售的香港 公众投资者、参与国际配售的国际投资者、依据境内相关法律 ...

Core Viewpoint - He Lin Wei Na Technology Co., Ltd. has submitted an application for listing on the Hong Kong Stock Exchange, aiming to expand its market presence and capitalize on growth opportunities in the micro-nano manufacturing sector [1]. Company Overview - He Lin Wei Na is a leading provider of micro-nano manufacturing solutions, focusing on MEMS components, semiconductor test probes, and micro drive systems since its establishment in 2008 [3]. - The company has established a leading position in the Chinese MEMS micro-nano manufacturing market and ranks second globally in the MEMS acoustic module market as of 2024 [3]. - It is the only company in China exporting semiconductor final test probes and the first to achieve mass production of coaxial probes [3]. Product Applications - The company's MEMS components are integrated into smartphones, AR/VR devices, medical hearing aids, and Bluetooth speakers, enabling voice capture, noise control, and pressure sensing [4]. - Semiconductor test probes are critical consumables in semiconductor packaging and testing, supporting devices for 5G smartphones, AI/data center computing, networking equipment, and automotive electronics [4]. - The micro drive systems cater to household robots, focusing on low noise operation, durability, and precise motion control [4]. Business Model - The company adopts a customer-oriented R&D culture, collaborating with clients to integrate product design with end-use applications, enhancing customer loyalty and creating high industry entry barriers [4]. Financial Performance - Revenue for the six months ending June 30 for 2022, 2023, 2024, and 2025 was approximately CNY 288 million, CNY 286 million, CNY 568 million, and CNY 439 million respectively [5]. - The net profit/loss for the same periods was CNY 38.13 million, CNY -20.91 million, CNY -8.64 million, and CNY 30.70 million respectively [5][6].