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创业板又迎科技新兵 国内专注企业级SSD第一股大普微过会
Zheng Quan Ri Bao Wang· 2025-12-25 11:37
作为国家级专精特新重点"小巨人"企业,大普微技术研发实力雄厚,累计斩获发明专利156项。研发投 入数据显示,近三年大普微累计研发费用达7.37亿元,研发投入强度高达36.15%。财务层面,2022年至 2024年大普微分别实现营业收入5.57亿元、5.19亿元、9.62亿元;2025年公司营收预计攀升至21.58亿 元,同比增幅达124%,并计划于2026年实现整体扭亏为盈。 当前,人工智能存储需求加速企业级SSD(固态硬盘)市场增长,中国市场发展潜力尤为突出,但国产品 牌市占率整体仍然较低。企业级SSD作为数据中心服务器产业链中的重要环节之一,在国家高度重视自 主可控、数据安全和关键信息基础设施安全的背景下,亟需具备自主可控能力的本土厂商脱颖而出。 12月25日,深圳证券交易所(以下简称"深交所")上市委审议通过深圳大普微电子股份有限公司(以下简 称"大普微")IPO申请,标志着创业板首家未盈利企业成功过会。 在市场人士看来,此次大普微IPO过会,反映了创业板对优质创新企业的支持力度,也是资本市场提升 包容性和适应性、更好服务科技创新的生动体现。 国内专注企业级SSD第一股 据悉,大普微深度聚焦数据中心存储 ...
大普微创业板IPO过会 拟冲刺国内企业级SSD第一股
Sou Hu Cai Jing· 2025-12-25 11:36
Core Viewpoint - The approval of Shenzhen Dapu Microelectronics Co., Ltd.'s IPO marks the first instance of an unprofitable company successfully passing the review on the ChiNext board, reflecting the market's support for innovative enterprises [2][5] Company Overview - Dapu Micro specializes in the research and sales of enterprise-level SSD products for data centers and is one of the few domestic semiconductor storage providers with comprehensive self-research capabilities in "controller chips + firmware algorithms + modules" [2] - The company has achieved international advanced levels in key performance indicators such as sequential and random read/write speeds and latency, and has begun mass production of new product forms like SCM SSD and computational storage SSD [2][4] Financial Information - Dapu Micro plans to issue up to 43.62 million shares, raising approximately 1.878 billion yuan, primarily for the development and industrialization of next-generation controller chips and enterprise-level SSDs, as well as for a production testing base and working capital [3] - The company reported revenues of 557 million yuan, 519 million yuan, and 962 million yuan for the years 2022 to 2024, with a projected revenue of 2.158 billion yuan in 2025, representing a 124% year-on-year growth [4] Industry Context - There is a growing demand for domestic manufacturers capable of providing self-controlled enterprise-level SSDs, driven by national emphasis on data security and the need for a secure supply chain [4] - The ChiNext board has recently activated standards for unprofitable companies to go public, which has been positively received by the market, indicating a shift towards supporting innovative enterprises [5][6]
中小盘风格表现活跃,持续关注中证2000ETF易方达(159532)、创业板200ETF易方达(159572)投资价值
Sou Hu Cai Jing· 2025-12-25 11:25
Group 1 - The article discusses the performance of small-cap stocks in the Chinese A-share market, specifically through the lens of the CSI 2000 ETF, which tracks the CSI 2000 Index composed of 2000 smaller, liquid stocks outside the CSI 1000 Index [4] - The CSI 2000 Index provides comprehensive coverage of 11 primary sectors in the Chinese market, focusing on the overall performance of small and micro-cap stocks [4] - The article also highlights the performance of the Sci-Tech 100 ETF, which tracks the Shanghai Stock Exchange Sci-Tech 100 Index, consisting of 100 medium-sized, liquid stocks from the Sci-Tech board, with over 80% of its composition in the electronics, biopharmaceutical, and power equipment sectors [4]
创业板指午后反弹,收获4连阳,创业板ETF(159915)助力布局创新型企业盈利修复机遇
Sou Hu Cai Jing· 2025-12-25 11:24
Group 1 - The ChiNext Mid-Cap 200 Index rose by 1.2%, the ChiNext Growth Index increased by 0.4%, and the ChiNext Index gained 0.3%, marking a four-day winning streak [1] - Huashan Securities reports that price improvements will boost nominal GDP, leading to a sustained recovery in corporate profits, which will serve as a strong fundamental support for the market [1] - It is estimated that the overall profit growth rate for the entire A-share market will increase from 8.2% in 2025 to 10.3% in 2026, with the profit growth rate excluding financials reaching 7.7% [1] Group 2 - The ChiNext and Sci-Tech Innovation Board are expected to benefit from a new industrial cycle, maintaining high growth rates, with the ChiNext's profit growth rate projected to reach 31.7% in 2026 [1] - The ChiNext Growth ETF tracks the ChiNext Growth Index, which consists of 50 stocks characterized by strong growth, good profit expectations, and high liquidity, with the information technology sector accounting for over 40% [3] - The combined weight of the telecommunications, power equipment, electronics, non-bank financials, and pharmaceutical sectors in the ChiNext Growth Index is nearly 80% [3]
九安智能创业板IPO已受理 提供“硬件+平台+服务”一体化解决方案
智通财经网· 2025-12-25 11:15
Core Viewpoint - The company, Jiuan Intelligent Technology Co., Ltd., has received acceptance for its IPO on the Shenzhen Stock Exchange's ChiNext board, aiming to raise 1.06438 billion yuan for its operations and development in the smart visual products and IoT sectors [1]. Group 1: Company Overview - Jiuan Intelligent is a manufacturer of smart visual products and an IoT service provider, focusing on visual imaging and analysis technology, wireless transmission technology, IoT platform technology, and AI visual application models [1]. - The company has transitioned from solely providing smart camera modules to offering a comprehensive solution that includes hardware products, IoT cloud platform deployment, and end-user operations, collaborating with over 200 terminal brand partners [1]. Group 2: Financial Performance - The company has shown significant growth in its main business, with smart hardware product sales expected to exceed 11 million units in 2024, representing a 32% increase from 2023 [2]. - Revenue figures for the years 2022 to 2024 are projected at 484 million yuan, 645 million yuan, and 780 million yuan, respectively, indicating a compound annual growth rate of 26.95% [2]. - For the fiscal years 2022 to 2025 (first half), the company reported revenues of approximately 484 million yuan, 645 million yuan, 780 million yuan, and 323 million yuan, respectively, with net profits of 34.03 million yuan, 85.95 million yuan, 102 million yuan, and 44.79 million yuan [4]. Group 3: Fundraising and Investment Plans - The IPO proceeds will be allocated to projects related to the company's main business, including the development of smart visual products and upgrades to the IoT cloud platform, with total investment amounts of 42.21 million yuan and 22.74 million yuan, respectively [3]. - Additional projects include the construction of a headquarters base with an investment of 9.31 million yuan and a working capital supplement of 15 million yuan, bringing the total fundraising amount to approximately 106.44 million yuan [4].
刚刚,创业板IPO大消息!
Xin Lang Cai Jing· 2025-12-25 11:14
Group 1 - The core point of the news is that Shenzhen Dapu Microelectronics Co., Ltd. has successfully passed the IPO application review by the Shenzhen Stock Exchange, marking it as the first unprofitable company to achieve this on the ChiNext board [1][5]. Group 2 - The demand for enterprise-level SSDs (solid-state drives) is accelerating due to artificial intelligence storage needs, with significant growth potential in the Chinese market, although domestic brand market share remains low [2][7]. - Dapu Micro focuses on data center storage scenarios and is one of the few domestic providers with full-stack self-research capabilities in "main control chips + firmware algorithms + modules," achieving mass production of various products that meet international advanced standards [2][7]. - The company holds 156 invention patents and has invested 737 million yuan in R&D over the past three years, which accounts for 36.15% of its total revenue [2][7]. - Financial data shows that Dapu Micro's revenue for 2022, 2023, and 2024 is projected to be 557 million yuan, 519 million yuan, and 962 million yuan respectively, with an expected revenue of 2.158 billion yuan in 2025, representing a 124% year-on-year growth [2][7]. Group 3 - There is a growing demand for a self-controlled industrial ecosystem for domestic enterprise-level SSDs, which is a key factor in promoting the development of the domestic semiconductor industry [3][8]. - The successful IPO of Dapu Micro reflects the ChiNext board's support for high-quality innovative companies and demonstrates the capital market's enhanced inclusivity and adaptability in serving technological innovation [4][9]. - The ChiNext board has activated standards for unprofitable companies to go public, which has received positive feedback from the market, facilitating funding for early-stage innovative enterprises [4][9].
大普微创业板IPO过会:AI时代国产先进存储“破局者”
Zheng Quan Shi Bao Wang· 2025-12-25 11:09
Core Viewpoint - The successful IPO of Shenzhen Dapu Microelectronics Co., Ltd. (Dapu Micro) on the ChiNext board highlights the growing acceptance of high-tech and high-growth companies in the A-share capital market, reflecting a shift towards supporting innovative enterprises in China [1][2] Company Overview - Dapu Micro specializes in enterprise-level SSD products, leveraging its full-stack self-research capabilities in controller chips, firmware algorithms, and modules, with applications in AI, cloud computing, and internet data centers [1][4] - The company has established itself as a core supplier of advanced storage solutions in China, addressing the urgent demand for domestic alternatives in a market dominated by international giants [1][4] Industry Context - The enterprise-level SSD sector is a critical component of the information infrastructure industry chain, aligning with national strategic priorities such as AI model development and data circulation [1][2] - The ChiNext board has evolved to support high-growth and high-quality enterprises, providing a financing channel for companies with significant technological innovation capabilities [2] Technological Capabilities - Dapu Micro has achieved a rare full-stack self-research capability in enterprise-level SSDs, overcoming the long-standing dominance of international brands in the high-end storage market [4][6] - The company has a cumulative shipment of over 4,900 PB of enterprise-level SSDs as of June 2025, with over 75% of these products featuring self-developed controller chips [4] Client Ecosystem - Dapu Micro's client base includes leading global companies such as Google, ByteDance, Tencent, and Alibaba, as well as major domestic server manufacturers and telecom operators, providing a solid foundation for technology iteration and product deployment [5] Research and Development - From 2022 to 2024, Dapu Micro invested 737 million yuan in R&D, accounting for 36.15% of its cumulative revenue, with 69.01% of its workforce dedicated to R&D [6][7] - The company holds 162 authorized domestic and international invention patents and is involved in several national and provincial-level major research projects, contributing to technological advancement in the storage sector [7] Future Outlook - The strategic importance of enterprise-level SSDs is expected to grow, with significant market potential as digital infrastructure continues to expand [8] - Dapu Micro's successful IPO marks a significant milestone for domestic high-end storage products, supported by national industrial policies and capital market reforms [8]
大普微创业板IPO过会 企业级SSD累计出货量达4900PB以上
Zhi Tong Cai Jing· 2025-12-25 10:57
Core Viewpoint - Shenzhen Dapu Microelectronics Co., Ltd. (Dapu Micro) has received approval for its IPO on the Shenzhen Stock Exchange's ChiNext board, aiming to raise approximately 1.87785 billion yuan [1] Group 1: Company Overview - Dapu Micro specializes in the research and sales of enterprise-level SSD products for data centers, being one of the few domestic semiconductor storage providers with full-stack self-research capabilities in "controller chips + firmware algorithms + modules" [1] - The company focuses on enterprise-level SSDs, covering product generations from PCIe 3.0 to 5.0, meeting diverse customer needs [1] - Dapu Micro has shipped over 4,900 PB of enterprise-level SSDs, with more than 75% of shipments featuring self-developed controller chips [1] Group 2: Market Position and Technology - According to IDC data, Dapu Micro maintains a leading market share in the domestic enterprise-level SSD market over the past three years, although international manufacturers still dominate [1] - The company emphasizes technology and innovation, launching internationally competitive products and solutions, with its PCIe SSD series exhibiting excellent read/write speeds, durability, low latency, and failure rates significantly below JEDEC standards [1][2] Group 3: Research and Development - Dapu Micro is among the first global manufacturers to mass-produce enterprise-level PCIe 5.0 SSDs and large-capacity QLC SSDs, and is one of the few with capabilities in SCM SSD and computational storage SSD [2] - The company has a dedicated R&D team with expertise in advanced storage technologies, continuously investing in R&D to maintain market competitiveness [2] - As of June 30, 2025, Dapu Micro has obtained 162 domestic and international invention patents, with several enterprise-level SSD technologies being industry-leading [2] Group 4: Financial Performance - For the fiscal years 2022 to 2025, Dapu Micro reported revenues of approximately 557 million yuan, 519 million yuan, 962 million yuan, and 748 million yuan respectively, with net losses of approximately -534 million yuan, -617 million yuan, -191 million yuan, and -354 million yuan [3] - As of June 30, 2025, the total assets of the company amounted to approximately 1.981 billion yuan, with a debt-to-asset ratio of 63.40% [4] - The company’s R&D expenditure as a percentage of revenue was 17.74% in 2025, down from 51.72% in 2023 [4]
大普微创业板IPO过会,业绩增长可持续性等遭追问
Bei Jing Shang Bao· 2025-12-25 10:34
Group 1 - The core viewpoint of the article is that Shenzhen Dapu Microelectronics Co., Ltd. has successfully passed the IPO review for its listing on the ChiNext board, aiming to raise approximately 1.878 billion yuan [1] Group 2 - Dapu Microelectronics is primarily engaged in the research and sales of enterprise-level SSD products for data centers [1] - The company’s IPO was accepted on June 27, 2025, and it entered the inquiry stage on July 6 of the same year [1] - The listing committee has requested Dapu Microelectronics to explain the sustainability of its performance growth, considering industry cycles, market competition, product advantages, cost transmission capabilities, major clients, and current orders [1] - The company is expected to potentially turn profitable by 2026, subject to feasibility and prudence [1]
武威凉州 开展“巧手结艺·创业赋能”文明实践活动
Xin Lang Cai Jing· 2025-12-25 10:11
东关花园社区居民周永彦表示,此次活动不仅让人体验到凉州结绳的独特魅力,锻炼了耐心与专注力, 也为个人创业提供了新的思路。 据介绍,本次活动是凉州区推动非遗活化利用、服务社区民生的一次具体实践,通过让结绳技艺从展示 走向实践、从场馆融入日常,实现非遗保护与社区生活的有机融合。"凉州结绳"传承人王莉莉表示,该 技艺看似简单,实则每种编法皆有讲究,每个结形皆具寓意,是凉州文化的生动缩影。希望借助此类活 动,让传统手艺成为可体验、可创造、可融入生活的鲜活传承。 凉州区新时代文明实践中心相关负责人表示,今后将持续打造非遗特色文明实践活动品牌,推动更多非 遗项目走进社区、服务群众,使其成为丰富居民精神文化生活、促进社区和谐发展的重要力量。 凉州 开展"巧手结艺·创业赋能"文明实践活动 每日甘肃网12月25日讯 据武威日报报道(通讯员杨苓曦 马晓宇)近日,凉州区"巧手结艺·创业赋能"文 明实践活动在东关街东关花园社区党群服务中心举行。活动旨在弘扬中华优秀传统文化,探索非遗技艺 传承与促进居民创业增收相结合的新模式。 活动中,"凉州结绳"传承人系统讲解了该项技艺的历史渊源、文化内涵与基本技法,并进行了现场示范 与教学。传承人 ...