净利润9700万！今年科创板首单IPO终止

Core Viewpoint - Nanjing Qinheng Microelectronics Co., Ltd. has withdrawn its IPO application, leading to the termination of its review process by the Shanghai Stock Exchange, as per the relevant regulations [1]. Company Overview - Nanjing Qinheng Microelectronics focuses on research and development of connection technology and microprocessors, primarily engaged in the design and sales of interface chips and interconnection MCU chips [3][4]. - The company aims to build integrated chips based on self-developed professional interface IP and core IP, emphasizing a vertical and matrixed self-owned IP system [5]. Financial Performance - The company reported revenues of 238 million, 308 million, 397 million, and 249 million yuan for the respective years, with net profits of 48.95 million, 62.89 million, 97.24 million, and 79.10 million yuan [8]. - As of June 30, 2025, the total assets amounted to 798.69 million yuan, with equity attributable to shareholders of 706.13 million yuan, and a debt-to-asset ratio of 11.77% [8]. Product and Market Position - The main products include interface chips and interconnection MCUs, which are essential for information exchange and data processing in various applications such as industrial control and IoT [4][5]. - The company has developed its fifth-generation RISC-V compliant processor, the "Qingke" series, which has shipped over 100 million units, showcasing competitive advantages over mainstream foreign processors [7]. Ownership Structure - Jiangsu Qinheng holds 56.04% of the company, making it the largest shareholder and controlling entity, while Wang Chunhua directly holds 28.46% of the shares [8]. Investment Plans - The company plans to raise funds through the IPO for projects including USB chip development, network chip development, and full-stack MCU chip development, with a total investment of approximately 931.54 million yuan [8].