Core Viewpoint - Xiamen Youxun Chip Co., Ltd. (stock code: 688807.SH) was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board, with a closing price of 230.70 yuan, reflecting a significant increase of 346.57% from its opening price [1] Company Overview - Youxun specializes in the research, design, and sales of optical communication front-end transceiver chips, with applications in optical modules, access networks, 4G/5G wireless networks, data centers, metropolitan area networks, and backbone networks [1] - The company's shares are widely held, with no single shareholder controlling more than 30% of voting rights, indicating no controlling shareholder [1] Financial Highlights - The company issued 20 million shares, accounting for 25% of the total share capital post-issue, at a price of 51.66 yuan per share, raising a total of 1.0332 billion yuan [2] - The net proceeds from the issuance, after deducting issuance costs, amounted to approximately 927.69 million yuan, exceeding the original plan by 118.62 million yuan [2] - The funds raised will be used for the development and industrialization of next-generation access network and high-speed data center chips, automotive chips, and 800G and above optical communication chips [2][3] Shareholder Structure - The actual controllers of the company are Ke Binglan and Ke Tenglong, who collectively control 27.13% of the voting rights [1] Financial Performance - Revenue for 2022, 2023, and 2024 was approximately 339.07 million yuan, 313.13 million yuan, and 410.56 million yuan, respectively, with net profits of 81.40 million yuan, 72.08 million yuan, and 77.87 million yuan [5] - For the first nine months of 2025, the company reported revenue of 357.38 million yuan, a year-on-year increase of 18.33%, and net profit of 72.94 million yuan, up 17.11% [8] - The company expects 2025 revenue to be between 475 million yuan and 495 million yuan, with net profit projected between 92 million yuan and 98 million yuan [9][10]
优迅股份上市募10亿首日涨347% 现金流与净利常乖离