Group 1 - The core point of the article is that Xingchen Technology announced the completion of a share reduction plan by its shareholder Kunqiao Capital and its concerted actor Kunchen, resulting in a decrease in their shareholding to 3.8364% [1] - As of September 28, 2025, Kunqiao Capital and Kunchen have cumulatively reduced their shares by 9,616,632 shares through block trading and collective bidding, consistent with the previously disclosed reduction plan [1] - The revenue composition of Xingchen Technology for the year 2024 is reported to be 99.96% from integrated circuit design and 0.04% from operating leasing [1] Group 2 - Xingchen Technology's market capitalization is currently valued at 27 billion yuan [1] - The article also mentions a competitive situation in the beverage industry, highlighting a significant market share drop of nearly 5 percentage points for Yibao following the launch of Farmer's green bottle [1]

证券代码：301536 证券简称：星宸科技 公告编号：2025-057 1、股份减持来源：公司首次公开发行前已发行股份； | 股东名称 | 减持方式 | 减持期间 | 减持价格区间 | 减持股数 | 减持股数占目 前总股本比例 | | | --- | --- | --- | --- | --- | --- | --- | | | | | （元/股） | （股） | | | | | | | | | （%） | | | 昆桥资本 | 集中竞价 | 2025/7/1-2025/9/28 | 59.70-60.28 | 230,242 | 0.0546 | | | | 大宗交易 | 2025/7/1-2025/9/28 | 59.28-67.74 | 5,402,800 | 1.2811 | | | 昆宸 | 集中竞价 | 2025/7/1-2025/9/28 | 57.57-70.51 | 3,983,590 | 0.9446 | | | | 大宗交易 | 2025/7/1-2025/9/28 | - | - | | - | | | | 合计 | | 9,616,632 | 2.2804 | | 星宸科技股份有限公 ...

Core Viewpoint - Xingchen Technology (301536) has submitted its listing application to the Hong Kong Stock Exchange, with CICC (601995) and CITIC Securities (601066) serving as joint sponsors [1] Company Overview - Xingchen Technology is a leading global visual AI SoC (System on Chip) fabless design company and supplier, having successfully designed and developed over 600 SoC products, with a cumulative shipment of 454 million units [1] - The company's solutions are widely applied in smart security, smart IoT, and smart automotive sectors, while actively expanding into emerging markets such as 3D perception, home service robots, LiDAR, and AI glasses [1] Market Position - According to Frost & Sullivan, Xingchen Technology ranks first globally in visual AI SoC suppliers by shipment volume in 2024, with a market share of 26.7% [1] - In the security visual AI SoC sector, Xingchen Technology is projected to hold the first position globally by shipment volume in 2024, with a market share of 41.2% [1] - In the robotics visual AI SoC sector, Xingchen Technology is expected to rank second globally by shipment volume in the first half of 2025, with a market share of 23.0% [1]

Key Points - The article highlights significant corporate announcements and developments in various companies, including investments, contracts, and stock activities [1][2][3] Investment Projects - Zhongchuang Zhiling plans to invest approximately 5 billion yuan to establish a new energy vehicle parts industrial base and R&D center [1] - Fospower Technology intends to set up a project company to invest in the construction of a polyamide-nylon film project [1] - Hongfuhang plans to establish an overseas company and build a photovoltaic energy storage power station project [1] - Nanfang Glass aims to invest in a new photovoltaic glass production line project in Egypt [1] Contracts and Acquisitions - Aerospace Engineering signed a total engineering contract (EPC) worth 2.392 billion yuan [1] - Fuda Alloy plans to acquire 52.61% of Guangda Electronics for 352 million yuan [1] - Yachuang Electronics intends to purchase 40% of Ouchuangxin and 45% of Yihainengda [1] - Century Hengtong plans to acquire 13% of Qiantong Zhili [1] Stock Buybacks and Issuances - Midea Group has spent a total of 5.224 billion yuan to repurchase 1.0193% of its A-shares [1] - Star Technology submitted an application for H-share issuance and listing on the Hong Kong Stock Exchange [2] - Wufangzhai and Jiadu Technology also submitted applications for H-share issuance and listing [3] - Hailan Home plans to issue H-shares and list on the Hong Kong Stock Exchange [3] Shareholding Changes - Several shareholders of Changxin Bochuang plan to collectively reduce their holdings by no more than 2.99% [3] - Xin Haoying of Fengyuzhu plans to reduce his holdings by no more than 3% [3] - Guo Mao, the controlling shareholder of Zaiseng Technology, intends to reduce his holdings by no more than 3% [3] Other Developments - Guanshi Technology plans to raise no more than 700 million yuan for a photomask manufacturing project [1] - Yousheng Co. received project confirmation from a well-known German automotive company [1] - Xianhe Co. plans to raise no more than 3 billion yuan for the second phase of a high-performance paper-based new material project in Sanjiangkou New Area, Guangxi [1]

Core Viewpoint - Xingchen Technology (301536) has submitted an application for issuing H-shares and listing on the main board of the Hong Kong Stock Exchange on September 26 [1] Company Summary - The company announced the submission of its application to the Hong Kong Stock Exchange on September 26 [1]

Core Viewpoint - Xingchen Technology (301536.SZ) has submitted an application for the issuance of overseas listed shares (H-shares) and for listing on the main board of the Hong Kong Stock Exchange on September 26, 2025 [1] Group 1 - The application was filed with the Hong Kong Stock Exchange and the relevant documents were published on the exchange's website on the same day [1] - The application materials were prepared and published in accordance with the requirements of the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange [1] - The documents are in draft form and may be updated and revised as necessary [1]

格隆汇9月26日丨星宸科技(301536.SZ)公布，公司已于2025年9月26日向香港联合交易所有限公司（简 称"香港联交所"）递交发行境外上市股份（H股）并在香港联交所主板挂牌上市的申请，并于同日在香 港联交所网站上刊登本次发行并上市的申请资料。该申请资料为公司按照香港证券及期货事务监察委员 会（以下简称"香港证监会"）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 出更新和修订。 ...

Core Viewpoint - Xingchen Technology has submitted its listing application to the Hong Kong Stock Exchange, with CICC and CITIC Securities as joint sponsors [1] Group 1: Company Overview - Xingchen Technology is a leading global fabless designer and supplier of visual AI SoCs, focusing on empowering various industries through its core technology framework of "perception + computation + connectivity" [4] - The company has successfully designed and developed over 600 SoC products as of June 30, 2025, with a cumulative shipment of 454 million SoCs during the reporting period [4] - Xingchen Technology's solutions are widely applied in smart security, IoT, and automotive sectors, and it is expanding into rapidly growing markets, including 3D perception applications [4] Group 2: Market Position - According to Frost & Sullivan, Xingchen Technology is the largest visual AI SoC supplier globally, holding a market share of 26.7% based on 2024 shipment volume [4] - The company's security visual AI SoC ranks first globally with a market share of 41.2% based on 2024 shipment volume [4] - In the robotics visual AI SoC segment, Xingchen Technology ranks second globally with a market share of 23.0% based on the first half of 2025 shipment volume [4] Group 3: Financial Performance - For the fiscal years ending December 31, 2022, 2023, 2024, and the six months ending June 30, 2025, the company reported revenues of approximately RMB 2.368 billion, RMB 2.020 billion, RMB 2.353 billion, and RMB 1.402 billion respectively [5][7] - The net profits for the same periods were approximately RMB 564 million, RMB 205 million, RMB 256 million, and RMB 120 million respectively [5][7] - The company has incurred research and development expenses of RMB 486 million, RMB 494 million, RMB 602 million, and RMB 317 million for the respective periods [7]

证券代码：301536 证券简称：星宸科技 公告编号：2025-056 星宸科技股份有限公司 关于向香港联交所递交境外上市股份（H 股）发行并 上市申请并刊发申请资料的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 鉴于本次发行并上市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外证券投资的境内合格投资者，公司将不会在境内 证券交易所的网站和符合境内监管机构规定条件的媒体上刊登该申请资料，但为 使境内投资者及时了解该等申请资料披露的本次发行并上市以及公司的其他相 关信息，现提供该申请资料在香港联交所网站的查询链接供查阅： 星宸科技股份有限公司（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"）递交发行境外上市股份（H 股） 并在香港联交所主板挂牌上市（以下简称"本次发行并上市"）的申请，并于同日 在香港联交所网站上刊登本次发行并上市的申请资料。该申请资料为公司按照香 港证券及期货事务监察委员会（以下简称"香港证监会"）及香港联交所的要求编 制和刊发，为草拟版本，其所载资料 ...

Core Viewpoint - Xingchen Technology Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange, with CICC and CITIC Securities International as joint sponsors [1][4]. Company Overview - Xingchen Technology is a leading global fabless designer and supplier of visual AI SoCs, focusing on the integration of "visual + AI" technologies to empower various industries [4]. - The company has successfully designed and developed over 600 SoC products as of June 30, 2025, with a cumulative shipment of 454 million SoCs during the reporting period [4]. Market Position - According to Frost & Sullivan, Xingchen Technology is the largest visual AI SoC supplier globally, holding a market share of 26.7% based on 2024 shipment volume [5]. - The company's security visual AI SoC ranks first globally with a market share of 41.2%, while its robot visual AI SoC ranks second with a market share of 23.0% for the first half of 2025 [5]. Financial Performance - The company reported revenues of approximately RMB 2.368 billion, RMB 2.020 billion, RMB 2.353 billion, and RMB 1.402 billion for the fiscal years 2022, 2023, 2024, and the first half of 2025, respectively [5][7]. - Profit figures for the same periods were approximately RMB 564 million, RMB 205 million, RMB 256 million, and RMB 120 million [5][7].