Core Viewpoint - Zhejiang Lijichuang Storage Technology Co., Ltd. (referred to as "Lijichuang Storage") has submitted its prospectus for listing on the Hong Kong Stock Exchange, aiming to raise funds for enhancing R&D, production capabilities, and global sales and marketing efforts [1][2]. Company Overview - Lijichuang Storage traces its history back to 2020, when its controlling shareholder recognized the potential of DRAM and acquired a 20% stake in Zentel Japan, later increasing its ownership [2][3]. - The company is a memory chip design firm and AI computing solution provider, with total storage capacity sold increasing from approximately 13.8 million GB in 2022 to about 34.2 million GB in 2024, representing a compound annual growth rate (CAGR) of 57.4% [3]. Financial Performance - Revenue for Lijichuang Storage was approximately RMB 610 million in 2022, RMB 580 million in 2023, and is projected to be RMB 646 million in 2024. The net losses were approximately RMB 139 million, RMB 244 million, and RMB 109 million for the respective years [4][6]. - The adjusted net losses, according to non-International Financial Reporting Standards, were approximately RMB 137 million, RMB 93.2 million, and RMB 52.8 million for 2022, 2023, and 2024 [7]. Shareholder Structure - Major shareholders include Hangzhou Weiji Electronic Technology Partnership and others, with the largest shareholder holding approximately 27.5% of the company [2][5]. Compensation and Expenses - In 2023, the total compensation paid to directors was approximately RMB 118.2 million, with significant portions attributed to share-based payment expenses [8][10].
力积存储报考港股上市:持续亏损,董事长应伟2023年薪超8000万元
Sou Hu Cai Jing·2025-05-28 16:46