兆易创新，港股上市

Core Viewpoint - The article discusses the successful listing of Zhaoyi Innovation Technology Group Co., Ltd. on the Hong Kong Stock Exchange, highlighting its significant market debut and strategic funding allocation for growth and development [1]. Group 1: Company Overview - Zhaoyi Innovation, established in 2005, is a diversified integrated circuit design company offering a range of chip products including Flash, DRAM, microcontrollers, analog chips, and sensor chips for various applications [2]. - The company is recognized as the leading brand in China for Arm-based MCUs and the second-largest global supplier of SPI NOR Flash, focusing on building an integrated chip ecosystem [2]. Group 2: Financial Performance - The revenue figures for Zhaoyi Innovation from 2022 to the first half of 2025 are as follows: 81.3 billion yuan in 2022, 57.61 billion yuan in 2023, 73.56 billion yuan in 2024, and 41.5 billion yuan in the first half of 2025 [2]. - The corresponding net profits for the same periods are 20.53 billion yuan, 1.61 billion yuan, 11.03 billion yuan, and 5.75 billion yuan, indicating a recovery in profitability in 2025 [2]. Group 3: Fundraising and Investment Strategy - Zhaoyi Innovation's global offering consists of 28,915,800 H-shares, with 10% allocated for public sale in Hong Kong and 90% for international investors, raising approximately 41.8 billion Hong Kong dollars at a midpoint price of 147 Hong Kong dollars per share [1]. - The company plans to allocate about 40% of the raised funds to enhance R&D capabilities, 35% for strategic industry acquisitions and investments, and 9% for building a global marketing network [1].