马年首家！盛合晶微IPO过会

Core Viewpoint - Shenghe Jingwei Semiconductor Co., Ltd. has successfully passed the listing review by the Shanghai Stock Exchange for its IPO on the Sci-Tech Innovation Board, becoming the first company to be approved in the Year of the Horse [1] Group 1: Company Overview - Shenghe Jingwei is a red-chip enterprise aiming to raise 4.8 billion yuan for its IPO on the Sci-Tech Innovation Board [2] - The company specializes in advanced packaging and testing services for integrated circuits, focusing on high-performance chips such as GPUs, CPUs, and AI chips [5] - Shenghe Jingwei is one of the earliest companies in mainland China to achieve mass production of 12-inch bumping technology [5] Group 2: Financial Performance - The company reported revenues of 3.038 billion yuan in 2023, 4.705 billion yuan in 2024, and 3.178 billion yuan in the first half of 2025, with net profits of 34.13 million yuan, 214 million yuan, and 435 million yuan respectively [6] - As of June 30, 2025, the total assets amounted to 21.42 billion yuan, with equity attributable to shareholders of 14.09 billion yuan [7] Group 3: IPO Process and Market Context - The IPO process began with acceptance on October 30, 2025, followed by an inquiry phase on November 14, 2025, and a second round of inquiries completed on February 1, 2026 [5] - The rapid progression to the review stage reflects the adaptability and competitiveness of the capital market, particularly for hard-tech enterprises in the semiconductor and AI sectors [5]