Zhong Guo Jing Ji Wang·2025-09-26 07:58Core Viewpoint - The financial performance of Weijie Chuangxin (688153.SH) has significantly declined in 2024 and the first half of 2025, with substantial losses reported in net profit and operating revenue compared to previous years [1][2][3]. Financial Performance Summary - In the first half of 2025, the company achieved total operating revenue of 987 million yuan, a year-on-year decrease of 7.93% [1]. - The net profit attributable to the parent company was -9.43 million yuan, compared to a profit of 11.27 million yuan in the same period last year [1]. - The net profit attributable to the parent company, excluding non-recurring gains and losses, was -20.43 million yuan, worsening from -11.63 million yuan year-on-year [1]. - The net cash flow from operating activities was 457 million yuan, a significant improvement from -208 million yuan in the previous year [1]. 2024 Financial Data - In 2024, the company reported total operating revenue of 2.10 billion yuan, a decline of 29.46% compared to 2.98 billion yuan in 2023 [2][3]. - The net profit attributable to the parent company was -23.73 million yuan, down from a profit of 112.29 million yuan in the previous year [2][3]. - The net profit attributable to the parent company, excluding non-recurring gains and losses, was -52.67 million yuan, compared to a profit of 10.35 million yuan in 2023 [2][3]. - The net cash flow from operating activities was -318 million yuan, a decline from 744 million yuan in the previous year [2][3]. IPO and Fundraising - Weijie Chuangxin's initial public offering raised a total of 2.67 billion yuan, with a net amount of 2.50 billion yuan after deducting issuance costs [4]. - The final net fundraising amount exceeded the original plan by 15.29 million yuan [4]. - The funds raised are intended for integrated circuit production testing projects, research and development center construction, and to supplement working capital [4]. Issuance Costs - The total issuance costs for the IPO amounted to 166.82 million yuan, with underwriting and sponsorship fees accounting for 147.31 million yuan [5].