A股破发股纳芯微港股募22亿港元首日破发 连亏2年3季

Core Viewpoint - Suzhou Naxin Microelectronics Co., Ltd. (Naxin Micro) was listed on the Hong Kong Stock Exchange, opening at HKD 116 and closing at HKD 111, a decline of 4.31% with a lowest price of HKD 105.20, indicating a drop below the issue price [1]. Group 1: IPO Details - The total number of shares offered globally was 19,068,400 H-shares, with 1,906,900 shares for public offering in Hong Kong and 17,161,500 shares for international offering [2]. - The final offer price was HKD 116.00, raising a total of HKD 2,211.9 million, with net proceeds of HKD 2,096.4 million after deducting estimated listing expenses of HKD 115.6 million [5]. Group 2: Use of Proceeds - The net proceeds from the global offering will be used to enhance the company's underlying technology capabilities and process platforms, expand the product portfolio focusing on automotive electronics, and promote products in overseas markets [5]. Group 3: Company Background - Naxin Micro is a fabless provider of analog chips, offering high-performance and reliable products and solutions across automotive electronics, energy, and consumer electronics [5]. - The company's product categories include sensors, signal chain chips, and power management chips, forming a complete system link from perception to signal processing and power supply [5]. Group 4: Financial Performance - For the year 2024, the company reported revenue of HKD 1.96 billion, a year-on-year increase of 49.53%, but a net loss attributable to shareholders of HKD 403 million [6]. - In the first nine months of 2025, the company achieved revenue of HKD 236.56 million, a year-on-year growth of 73.18%, but continued to report a net loss of HKD 140.49 million [7].