Rockchip(SH:603893) 3 6 Ke·2024-04-18 23:25Core Viewpoint - Shenzhen Keton Technology Co., Ltd. (referred to as "Keton Technology") has had its IPO terminated, which was initially planned to raise 2.049 billion yuan for various projects [1][2]. Financial Performance - Keton Technology's revenue for 2020, 2021, and 2022 was 4.22 billion yuan, 7.62 billion yuan, and 8.074 billion yuan respectively, with net profits of 159 million yuan, 313 million yuan, and 309 million yuan [2]. - For the first half of 2023, Keton Technology reported a revenue of 3.5 billion yuan and a net profit of 121 million yuan [3]. Business Overview - Keton Technology is a chip application design and distribution service provider, collaborating closely with over 80 global chip manufacturers, including major companies like Intel and AMD [2]. - The company primarily serves five major sectors: smart automotive, digital infrastructure, industrial interconnect, energy control, and consumer goods, providing services to thousands of well-known clients [2]. Investment Plans - The planned fundraising of 2.049 billion yuan was allocated as follows: 1.447 billion yuan for expanding product lines, 100 million yuan for R&D center construction, and 500 million yuan for working capital [1]. Shareholding Structure - Keton Technology is controlled by Kang Jingwei, who holds 47% of the shares through Hard Egg Innovation, which is listed on the Hong Kong Stock Exchange [4][6]. - Alphalink Global Limited held 66.84% of Keton Technology's shares before the IPO, which would decrease to 50.13% post-IPO [8].