Company Overview - Company, Chip Universe Technology Co., Ltd., has submitted a listing application to the Hong Kong Stock Exchange, with GF Securities and CITIC Securities as joint sponsors [1] - The company specializes in the research, development, design, and sales of code-type flash memory chips, which are crucial for system boot and operation, requiring high stability and reliability [4] - Chip Universe ranks sixth globally among fabless companies in code-type flash memory chips, fourth in SLC NAND Flash, and fifth in NOR Flash based on revenue generated in 2024 [4] Financial Performance - The company's revenue for the nine months ending September 30 for 2023, 2024, and 2025 is approximately CNY 662.9 million, CNY 442.1 million, and CNY 379.1 million respectively [10] - The net loss for the same periods is approximately CNY 14.0 million, CNY 37.1 million, and a profit of CNY 8.4 million for 2023, 2024, and 2025 respectively [11] - The gross profit margins for the same periods are 15.5%, 14.0%, and 18.8% [13] Industry Overview - The global flash memory market size decreased from USD 58.5 billion in 2020 to USD 40.9 billion in 2023, but is expected to rebound to USD 68.4 billion in 2024, representing a 67% year-on-year growth [14] - The market for code-type flash memory chips is projected to increase its share from 6.1% in 2020 to 7.2% in 2024, and further to 9.3% by 2030 [14] - The global market for NOR Flash and SLC NAND Flash is expected to grow from USD 1.9 billion and USD 1.7 billion in 2020 to USD 2.8 billion and USD 2.1 billion in 2024, respectively [17]
芯天下递表港交所 为业内代码型闪存芯片产品覆盖最全面的国内少数厂商之一
Zhi Tong Cai Jing·2026-01-09 00:55