Lontium(SH:688486) Chang Jiang Shang Bao·2025-09-22 23:11Core Viewpoint - Longxun Co., Ltd. is planning to issue H-shares and apply for a listing on the Hong Kong Stock Exchange to enhance its international strategy and operational capabilities [1][2] Group 1: Company Overview - Longxun Co., Ltd. specializes in the research and sales of high-speed mixed-signal chips and has been listed on the STAR Market since February 2023 [2] - The company aims to become a global leader in high-speed mixed-signal chip solutions, emphasizing its commitment to internationalization [2] Group 2: Financial Performance - In the first half of 2025, Longxun achieved revenue of 247 million yuan, a year-on-year increase of 11.35%, and a net profit of 71.52 million yuan, up 15.16% [1][4] - The company has experienced continuous positive growth in performance for two and a half years, with a notable revenue increase of 31.02% in overseas markets in 2024 [2][4] Group 3: Research and Development - As of June 2025, Longxun had 177 R&D personnel, accounting for 72.84% of its total workforce, with 54.24% holding master's degrees or higher [4][5] - R&D investment in the first half of 2025 totaled 57.06 million yuan, representing a 22.87% increase year-on-year and accounting for 23.10% of revenue [1][5] Group 4: International Strategy - Longxun's overseas revenue accounted for 38.4% of total revenue in 2024, highlighting its strong international presence [2] - The company is actively discussing the specifics of its H-share listing with relevant intermediaries [2]