Ingenic(SZ:300223) 智通财经网·2025-09-15 11:09Core Viewpoint - Beijing Junzheng Integrated Circuit Co., Ltd. has submitted an application for listing on the Hong Kong Stock Exchange, with Guotai Junan International as the sole sponsor [1]. Company Overview - Beijing Junzheng is a leading global provider of "computing + storage + analog" chips, offering high-performance, low-power computing chips, high-quality, reliable storage chips, and a variety of high-specification analog chips for markets such as automotive electronics, industrial medical, AIoT, and smart security [3]. - The company has developed high-performance, low-power computing chips for AIoT and smart security applications, as well as high-quality, reliable storage chips (including DRAM, SRAM, NOR Flash, and NAND Flash) primarily for automotive electronics and industrial medical applications [3]. - Beijing Junzheng's products meet automotive and industrial grade standards, characterized by high quality, reliability, low energy consumption, and long product life [3]. Market Position - The company ranks sixth globally in niche DRAM, first among companies headquartered in mainland China, and fourth among global automotive-grade niche DRAM suppliers [4]. - In SRAM, the company ranks second globally and first among mainland Chinese companies, as well as first among global automotive-grade SRAM suppliers [4]. - For NOR Flash, the company ranks seventh globally, third among mainland Chinese companies, and fourth among global automotive-grade NOR Flash suppliers [4]. - In the IP-Cam SoC segment, the company ranks third globally and first among battery-type IP-Cam SoC suppliers [4]. Financial Performance - For the fiscal years ending December 31 and the six months ending June 30, the company reported revenues of approximately RMB 5.41 billion, RMB 4.53 billion, RMB 4.21 billion, RMB 2.11 billion, and RMB 2.25 billion for 2022, 2023, 2024, and the first half of 2024 and 2025, respectively [4][5]. - The net profit for the same periods was approximately RMB 779 million, RMB 516 million, RMB 364 million, RMB 197 million, and RMB 202 million [4][5]. - The gross profit margin for 2022 was 33.4%, which increased to 35.5% in 2023, and remained around 35% for 2024 [5].