【IPO一线】AMOLED显示驱动芯片公司云英谷正式递表港交所，2024年亏损3.09亿元

Core Insights - Yunyinggu Technology Co., Ltd. has officially submitted its application for an IPO on the Hong Kong Stock Exchange, marking the beginning of its listing journey [2] - The company is a leading global designer of AMOLED display driver chips, focusing on providing reliable and high-performance display solutions for consumer electronics brands [2] - According to Frost & Sullivan, Yunyinggu is the largest AMOLED display driver chip manufacturer in mainland China and the fifth largest globally by sales volume in 2024 [2] Company Overview - Yunyinggu operates under a Fabless business model, establishing a leading position through strategic partnerships with key industry players such as wafer foundries, OSAT companies, and display panel manufacturers [2] - The company has developed industry-leading integrated hardware and software display driver technologies, covering three critical technical areas: chip design, compensation algorithm development, and pixel compensation circuit layout [2] - Yunyinggu primarily provides AMOLED display driver chips for smartphones and Micro-OLED display backplanes/drivers for VR/AR devices [2] Financial Performance - Over the past decade, Yunyinggu has become a globally recognized technology brand in the display industry, emphasizing value creation for brand companies [2] - The company's revenue projections for 2022, 2023, and 2024 are 551 million, 720 million, and 891 million respectively, while net losses are projected at 124 million, 232 million, and 309 million [2] Market Position - As of December 31, 2024, Yunyinggu's AMOLED display driver chips will be mass-produced for several leading smartphone brands, which collectively account for over 25% of the global market share [3] - Yunyinggu is the first and only company in mainland China to achieve over 10 million cumulative sales of AMOLED display driver chips certified by brand companies [3] - The company's supply share of AMOLED display driver chips for all global smartphone brands increased from 1.2% in 2022 to 4% in 2024 [3]