Chipsea(SH:688595) Zhong Guo Jing Ji Wang·2025-07-31 03:34Core Viewpoint - Chipsea Technology (688595.SH) is planning to issue H-shares and apply for listing on the Hong Kong Stock Exchange, with details yet to be finalized [1] Group 1: H-share Issuance and Listing - The company is currently discussing the issuance of H-shares with relevant intermediaries, and the specifics of the issuance and listing are not yet determined [1] - The issuance of H-shares and listing will not change the company's controlling shareholder or actual controller [1] - Approval from the board of directors, shareholders' meeting, and regulatory bodies such as the China Securities Regulatory Commission and the Hong Kong Stock Exchange is required for the issuance to proceed [1] Group 2: Previous Fundraising Activities - Chipsea Technology raised a total of 571 million yuan from its initial public offering, with a net amount of 494 million yuan after deducting issuance costs [2] - The company planned to raise 545 million yuan for various projects, including high-performance MCU chip upgrades and smart health SoC chip upgrades [2] - The total amount raised from two fundraising activities amounts to 981 million yuan [3] Group 3: Shareholder Actions - In 2024, a significant shareholder, Yancheng Xinlian Zhihui Enterprise Consulting Partnership, reduced its stake from 16.26% to 14.26% through a share transfer, while the controlling shareholder's stake decreased from 44.24% to 42.24% [4] - The share transfer did not involve the controlling shareholder, ensuring no change in control [4]