又黄了！宁波这家半导体公司，第三次冲刺A股失败

Core Viewpoint - Srypu (688536.SH) announced the termination of its major asset restructuring plan to acquire shares of Ningbo Aola Semiconductor Co., Ltd. [1] Group 1: Company Developments - Aola Semiconductor has failed in its third attempt to go public on the A-share market, with its IPO application initially submitted in November 2022, aiming to raise 3 billion yuan [3] - After the IPO setback, Aola was involved in a proposed acquisition by Shuangcheng Pharmaceutical, which was perceived as a "backdoor listing" [3] - Following the termination of the acquisition by Shuangcheng Pharmaceutical, Srypu initiated a new acquisition plan for Aola, announcing on November 25, 2025, its intention to acquire 86.12% of Aola's shares [3][4] Group 2: Financial Performance - Aola Semiconductor reported net losses of 856 million yuan in 2022 and 962 million yuan in 2023, but turned profitable in the first seven months of 2024 with a net profit of 307 million yuan [5] - Srypu achieved a revenue of 1.531 billion yuan in the first three quarters of 2025, marking an 80.47% year-on-year increase, and reported a net profit of 126 million yuan, indicating a turnaround from previous losses [5] Group 3: Market Activity - Srypu's stock was suspended from trading on December 9, 2025, with a closing price of 148.18 yuan per share and a total market capitalization of 20.42 billion yuan prior to the suspension [6]