中微半导正式递表港交所，将募资设立香港研发中心

Core Viewpoint - Zhongwei Semiconductor (Shenzhen) Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange, aiming to raise funds for enhancing R&D capabilities, strategic investments, and global business development [3] Company Overview - Zhongwei Semiconductor is a leading provider of intelligent control solutions in China, focusing on the design and delivery of integrated circuit chips, with microcontrollers (MCUs) as the core product [3] - The company is recognized as one of the earliest domestic enterprises to independently develop and design MCUs, maintaining a leading position in the industry due to its first-mover advantage and continuous innovation [3] Market Position - As of 2024, Zhongwei Semiconductor ranks first in MCU shipment volume in China and third in revenue [3] - The company has established a strong customer base, serving over 1,000 clients, including leading enterprises and well-known consumer brands [5] Financial Performance - The company's revenue increased from RMB 636.8 million in 2022 to RMB 713.6 million in 2023, representing a growth of 12.1%, and is projected to reach RMB 911.7 million in 2024, with a growth rate of 27.8% [6] - Net profit for 2024 is expected to be RMB 136.8 million, with a compound annual growth rate of 51.9% from 2022 to 2024 [6] Product Development and Innovation - Zhongwei Semiconductor's product offerings extend to system-on-chip (SoC) and application-specific integrated circuits (ASICs), catering to various intelligent control applications [4] - The company is focusing on high-growth sectors such as industrial control and automotive electronics, with a particular emphasis on brushless direct current motors (BLDC) and advanced automotive-grade products based on M4 and RISC-V architectures [7] Customer Retention and Growth Strategy - The customer retention rates for the company were 66.0% in 2022, 64.6% in 2023, 73.2% in 2024, and 83.2% for the first half of 2025, indicating a strong ability to maintain client relationships [6] - The company plans to continue investing in R&D to drive the rapid penetration of MCU products in emerging fields such as artificial intelligence and robotics [5]