圣邦股份拟冲“A+H”：研发人员占比超七成，董事长张世龙控股37%

Core Viewpoint - Shengbang Microelectronics plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global strategy, brand image, and attract talent [2] Financial Performance - In the first half of 2025, the company achieved operating revenue of 1.819 billion yuan, a year-on-year increase of 15.37% [4] - The net profit attributable to shareholders was 200.84 million yuan, up 12.42% year-on-year [4] - The net profit after deducting non-recurring gains and losses was 134.44 million yuan, a decrease of 14.98% compared to the previous year [3] - The net cash flow from operating activities was 239.73 million yuan, down 23.84% year-on-year [3] - Basic earnings per share were 0.3258 yuan, an increase of 11.73% [3] - Diluted earnings per share were 0.3221 yuan, up 10.61% [3] - The weighted average return on equity was 4.32%, a decrease of 0.17% from the previous year [3] Research and Development - The company spent 508 million yuan on R&D in the first half of 2025, accounting for 27.90% of its operating revenue [5] - The R&D team consists of 1,219 personnel, representing 72.56% of the total workforce, with 1,139 holding a bachelor's degree or higher [5] - Among the R&D staff, 412 have over 10 years of experience in the integrated circuit industry [5] Shareholding Structure - As of the end of 2024, the actual controller of the company is founder Zhang Shilong, who indirectly holds 19.08% of the shares [7] - Zhang Shilong's family members and associates collectively hold 37.45% of the company's shares [7] - Zhang Shilong serves as the chairman and general manager, while his relative Zhang Qin is the vice chairman and board secretary [7] Market Position - Shengbang Microelectronics was listed on the Shenzhen Stock Exchange in 2017, with a market capitalization of approximately 49.29 billion yuan as of August 28 [3]