纳芯微向港交所提交上市申请

Core Viewpoint - Naxin Micro (688052.SH) has submitted its listing application to the Hong Kong Stock Exchange, marking the official start of its process to expand into international capital markets and accelerate its global strategy [1][2]. Company Overview - Naxin Micro is a leading analog chip supplier in China, operating under a fabless model focused on chip research and design while outsourcing manufacturing and packaging testing [2]. - The company's product range includes sensors, signal chain chips, and power management chips, which are widely used in smart driving, renewable energy generation, and industrial control [2]. Market Position - According to Frost & Sullivan, Naxin Micro ranks 14th globally among analog chip companies and 5th among Chinese manufacturers, with a market share of approximately 0.9% based on projected 2024 analog chip revenues [2]. - The Chinese analog chip market is expected to grow from 195.3 billion yuan in 2024 to 353.6 billion yuan by 2029, with a compound annual growth rate (CAGR) of 18.6%, particularly driven by rapid growth in the automotive sector [2]. Fundraising Purpose - The funds raised from the listing are intended for the construction of a high-performance analog chip R&D center, expansion of automotive-grade product mass production and testing platforms, and international market development [2]. - The company aims to enhance product reliability and validation capabilities, expedite overseas customer certification processes, and strengthen its core competitiveness in automotive electronics, energy management, and industrial control [2]. Industry Outlook - Naxin Micro maintains a leading position in the automotive electronics sector, having achieved multiple AEC-Q100 automotive-grade certifications and mass production with several mainstream automotive manufacturers both domestically and internationally [3]. - Industry experts believe that Naxin Micro's listing reflects its technological accumulation in high-end analog chips and its confidence in expanding into international capital markets, with potential benefits from the growing demand for high-performance analog chips driven by advancements in AI computing power, electric vehicles, and industrial intelligence [3].