Listing Overview - The company, Qiangyi Semiconductor (Suzhou) Co., Ltd., is set to list its ordinary shares on the Shanghai Stock Exchange's Sci-Tech Innovation Board on December 30, 2025 [1] - The total share capital after the initial public offering (IPO) will be 129.5593 million shares, with 32.3899 million shares being newly issued [1] - The IPO will not involve any existing shares being transferred [1] Share Lock-up Period - Original shareholders will have a lock-up period of 36 months or 12 months from the listing date, while the underwriter's related subsidiaries will have a 24-month lock-up period [2] - Senior management and core employees participating in the strategic placement will have a 12-month lock-up period [2] - The total share capital post-IPO will be 129.5593 million shares, with 24.3530 million shares being freely tradable at the initial stage, accounting for 18.80% of the total [2] Valuation Metrics - The average static price-to-earnings (P/E) ratio for the computer, communication, and other electronic equipment manufacturing industry is 57.92 times as of December 16, 2025 [4] - The IPO price of 85.09 yuan per share corresponds to a P/E ratio of: 1. 35.47 times based on the 2024 earnings before non-recurring gains and losses [4] 2. 36.42 times based on the 2024 earnings after non-recurring gains and losses [4] 3. 47.29 times based on the post-IPO total share capital [4] 4. 48.55 times based on the post-IPO earnings after non-recurring gains and losses [4] - These P/E ratios are lower than the industry average and comparable companies, indicating potential valuation attractiveness [5] Trading Characteristics - Stocks listed on the Sci-Tech Innovation Board can be used as collateral for margin trading from the first day of listing, which may introduce price volatility and market risks [6]
强一半导体（苏州）股份有限公司首次公开发行股票科创板上市公告书提示性公告