Core Viewpoint - TianShu ZhiXin Semiconductor Co., Ltd. (天数智芯) successfully listed on the Hong Kong Stock Exchange, opening at HKD 190.2 and closing at HKD 156.8, marking an increase of 8.44% from the opening price [1] Group 1: IPO Details - The total number of shares offered by TianShu ZhiXin was 25,431,800, with 2,543,200 shares allocated for public offering in Hong Kong and 22,888,600 shares for international offering [2] - The offering price was set at HKD 144.60, raising a total of HKD 3,677.4 million, with net proceeds amounting to HKD 3,509.3 million after deducting estimated listing expenses of HKD 168.2 million [3][4] Group 2: Use of Proceeds - The funds raised will be utilized for product and solution development, sales and marketing expansion, improving service quality, enhancing brand awareness, and general corporate purposes [5] Group 3: Financial Performance - TianShu ZhiXin reported revenues of RMB 189.4 million, RMB 289.0 million, RMB 539.5 million, RMB 197.4 million, and RMB 324.3 million for the years 2022, 2023, 2024, and the six months ending June 30, 2024, and 2025 respectively [6][7] - The company recorded net losses of RMB 553.6 million, RMB 817.4 million, RMB 892.4 million, RMB 404.0 million, and RMB 609.3 million for the same periods, totaling a cumulative loss of RMB 2.873 billion over three and a half years [6][7] Group 4: Cash Flow - Cash used in operating activities was RMB 653.8 million, RMB 707.0 million, RMB 618.0 million, and RMB 715.6 million for the years 2022, 2023, 2024, and the six months ending June 30, 2024, and 2025 respectively [8]
天数智芯募36.77亿港元首日涨8.44% 三年半亏28.7亿元