Willsemi(SH:603501) Chang Jiang Shang Bao·2025-05-26 01:16Core Viewpoint - Weir Semiconductor plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its international strategy and overseas business development, aiming to improve its overall competitiveness [2][5] Group 1: Company Overview - Weir Semiconductor is one of the top ten fabless semiconductor companies globally, with a significant portion of its revenue derived from international markets [2][4] - The company reported a revenue of 25.731 billion yuan in 2024, a year-on-year increase of 22.41%, and a net profit of 3.323 billion yuan, up 498.11% [6][7] - Revenue from overseas markets reached 20.961 billion yuan, representing a 14.35% increase and accounting for 81.66% of total revenue [5][6] Group 2: Business Strategy and Changes - The company intends to change its name to "Hao Wei Integrated Circuit (Group) Co., Ltd." to better reflect its industry layout and actual situation following its acquisition of the top three image sensor chip design company, Hao Wei Technology, in 2019 [2][7] - The image sensor solution business now constitutes 74.76% of the company's main business revenue, highlighting its importance to overall operations [6][7] Group 3: Market Context - The semiconductor industry is experiencing a recovery in 2024, driven by AI and the increasing demand for consumer electronics and automotive intelligence [6] - Several A-share listed companies in the semiconductor sector have also announced plans for secondary listings in Hong Kong, indicating a growing trend in the industry [4]