UIGreen(SH:688661) Zhi Tong Cai Jing·2025-09-28 03:50Core Viewpoint - He Lin Wei Na Technology Co., Ltd. has submitted an application for listing on the Hong Kong Stock Exchange, aiming to expand its market presence and capitalize on growth opportunities in the micro-nano manufacturing sector [1]. Company Overview - He Lin Wei Na is a leading provider of micro-nano manufacturing solutions, focusing on MEMS components, semiconductor test probes, and micro drive systems since its establishment in 2008 [3]. - The company has established a leading position in the Chinese MEMS micro-nano manufacturing market and ranks second globally in the MEMS acoustic module market as of 2024 [3]. - It is the only company in China exporting semiconductor final test probes and the first to achieve mass production of coaxial probes [3]. Product Applications - The company's MEMS components are integrated into smartphones, AR/VR devices, medical hearing aids, and Bluetooth speakers, enabling voice capture, noise control, and pressure sensing [4]. - Semiconductor test probes are critical consumables in semiconductor packaging and testing, supporting devices for 5G smartphones, AI/data center computing, networking equipment, and automotive electronics [4]. - The micro drive systems cater to household robots, focusing on low noise operation, durability, and precise motion control [4]. Business Model - The company adopts a customer-oriented R&D culture, collaborating with clients to integrate product design with end-use applications, enhancing customer loyalty and creating high industry entry barriers [4]. Financial Performance - Revenue for the six months ending June 30 for 2022, 2023, 2024, and 2025 was approximately CNY 288 million, CNY 286 million, CNY 568 million, and CNY 439 million respectively [5]. - The net profit/loss for the same periods was CNY 38.13 million, CNY -20.91 million, CNY -8.64 million, and CNY 30.70 million respectively [5][6].