Group 1 - The company, Fortior, plans to globally offer 16,299,500 H-shares, with 1,630,000 shares available in Hong Kong and 14,669,500 shares for international offering, with the pricing expected to be up to HKD 120.50 per share [1] - The company specializes in the design and development of BLDC motor drive control chips, establishing a strong market position in the industry [2] - As of December 31, 2023, the company holds a 4.8% market share in China's BLDC motor control and drive chip market, ranking sixth among competitors [2] Group 2 - The company has entered into cornerstone investment agreements, with cornerstone investors agreeing to subscribe for shares totaling approximately USD 112 million (or about HKD 879 million) [3] - Assuming the maximum offer price of HKD 120.50 per share, cornerstone investors will subscribe for a total of 7,295,700 shares [3] - The estimated net proceeds from the global offering are approximately HKD 1.846 billion, with planned allocations for R&D, product expansion, overseas market promotion, strategic investments, and working capital [4]

Group 1 - The company, Fortior, is planning to conduct an initial public offering (IPO) from June 30 to July 4, 2025, with a global offering of 16.2995 million H-shares, where 10% will be offered in Hong Kong and 90% internationally, with a maximum offer price of HKD 120.50 per share [1] - Fortior is a chip design company specializing in the design and development of BLDC (Brushless Direct Current) motor drive control chips, establishing a strong market position in the industry [1] - According to Frost & Sullivan, BLDC motors are widely used due to their high efficiency, low power consumption, high control precision, and low noise compared to traditional motors [1] Group 2 - As of December 31, 2023, Fortior holds a 4.8% market share in China's BLDC motor control and drive chip market, ranking sixth and being the only Chinese company among the top ten players [2] - The company's revenue increased from RMB 323 million in 2022 to RMB 411 million in 2023, representing a growth of 27.4%, and is projected to further increase to RMB 600 million in 2024, a growth of 45.9% [2] - Fortior's gross profit rose from RMB 185 million in 2022 to RMB 219 million in 2023, an increase of 18.1%, and is expected to reach RMB 316 million in 2024, a growth of 44.5% [2] Group 3 - Assuming the maximum offer price of HKD 120.50 per share, the estimated net proceeds from the global offering will be approximately HKD 1.846 billion [3] - The company plans to allocate the net proceeds as follows: approximately 34% for enhancing R&D and innovation capabilities, 10% for expanding the product portfolio, 16% for expanding overseas sales networks, 30% for strategic investments or acquisitions, and 10% for working capital and general corporate purposes [3] - Fortior has entered into cornerstone investment agreements with investors such as Taikang Life, Baoyin, and 3WFund, committing to subscribe for shares totaling USD 112 million [3]

FORTIOR TECH Fortior Technology(Shenzhen)Co., Ltd. 峰岹科技(深圳)股份有限公司 ﹙於中華人民共和國註冊成立的股份有限公司﹚ 股份代號：1304 全球發售 獨家保薦人、保薦人兼整體協調人、整體協調人、 聯席全球協調人、聯席賬簿管理人及聯席牽頭經辦人 整體協調人、聯席全球協調人、 聯席賬簿管理人及聯席牽頭經辦人 Fortior Technology(Shenzhen)Co., Ltd. 峰岹科技深圳 ( 股份有限公司 ) Fortior Technology(Shenzhen)Co., Ltd. 峰岹科技(深圳)股份有限公司 重要提示 閣下如對本招股章程任何內容有任何疑問，應諮詢獨立專業意見。 Fortior Technology (Shenzhen) Co., Ltd. 峰岹科技（深圳）股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 全球發售 | 全球發售項下發售股份數目 | ： | 16,299,500股H股（視乎發售量調整權及超額配 | | --- | --- | --- | | | | 股權行使與否而定） | | 香港發售股份數目 | ： | ...

Group 1: Establishment of Dongfang University - The Ministry of Education has approved the establishment of Dongfang University in Ningbo, which is positioned as a new research-oriented university focusing on basic research and engineering technology [3][4] - The university will initially offer four undergraduate programs: Mathematical Sciences, Intelligent Manufacturing Engineering, Electronic Science and Technology, and Computer Science and Technology, with plans to enroll students in Zhejiang province this year [3][4] Group 2: Funding and Contributions - The university was funded by Yu Renrong, known as China's "chip king," who has donated over 300 billion yuan for its establishment [3][4] - Yu Renrong's contributions include 1 billion shares of his company, which were valued at approximately 250 billion yuan at the time of donation, along with an additional 100 billion yuan for infrastructure and operational costs [4][5] Group 3: Performance of OmniVision Technologies - OmniVision Technologies, controlled by Yu Renrong, has shown strong recovery in profitability, with projected earnings exceeding 3.3 billion yuan in 2024 and a first-quarter profit of 866 million yuan, marking a 55% increase year-on-year [6][7] - The company has become one of the top three suppliers of CMOS image sensors globally, following significant acquisitions and investments in research and development [6][7] Group 4: Market Performance - Since its listing, OmniVision Technologies has seen its stock price increase approximately 23 times, with a market capitalization of around 151.6 billion yuan [8][9] - The company's stock closed at 169.91 yuan per share on June 20, 2023, significantly up from its initial offering price of 7.02 yuan [8]

Core Viewpoint -兆易创新科技集团股份有限公司 (GigaDevice) has submitted its prospectus for a listing on the Hong Kong Stock Exchange, aiming to become another "A+H" listed company, following its initial public offering (IPO) on the Shanghai Stock Exchange in 2016 [1][3]. Company Overview - GigaDevice was established in April 2005 and is headquartered in Beijing, with a registered capital of approximately 660 million RMB. The company primarily focuses on integrated circuit design and research, adopting a fabless business model [3][5]. - The company offers a diverse range of chip products, including Flash, niche DRAM, MCU, analog chips, and sensor chips, along with corresponding algorithms and software solutions [5]. Financial Performance - GigaDevice's revenue for 2022, 2023, and 2024 was approximately 8.13 billion RMB, 5.76 billion RMB, and 7.36 billion RMB, respectively. The gross profit for the same years was about 3.70 billion RMB, 1.75 billion RMB, and 2.62 billion RMB, while the net profit was approximately 2.05 billion RMB, 161 million RMB, and 1.10 billion RMB [6][9]. - The company experienced a significant revenue decline of 29.14% in 2023 compared to 2022, with net profit dropping by 92.15% due to a substantial decrease in product prices [8][9]. Market Position - According to a report by Frost & Sullivan, GigaDevice is the only integrated circuit design company globally ranked in the top ten across NOR Flash, SLC NAND Flash, niche DRAM, and MCU sectors as of 2024 [5]. - In 2023, the company shipped 3.12 billion units of products, marking a year-on-year increase of 12.98%. However, the average selling price across all product lines declined, leading to a drop in gross margin from 47.66% to 34.42% [9][11]. Future Outlook - GigaDevice anticipates a recovery in performance for 2024, projecting a revenue increase of 27.69% to 7.36 billion RMB and a net profit growth of 584.21% to 1.10 billion RMB, driven by improved market demand and inventory replenishment [9][10]. - Despite the anticipated growth, the company's revenue and net profit for 2024 remain below the levels achieved in 2022 [11].

Core Viewpoint - Zhaoyi Innovation Technology Group Co., Ltd. has submitted its IPO application to the Hong Kong Stock Exchange, aiming to expand its capital base and enhance its market presence in the semiconductor industry [1]. Financial Performance - The company reported revenues of RMB 81.3 billion, RMB 57.61 billion, and RMB 73.56 billion for the years 2022, 2023, and 2024, respectively [1][2]. - The net profit attributable to equity shareholders was RMB 20.53 billion, RMB 1.61 billion, and RMB 11.03 billion for the same years [1][2]. - Gross profit margins were 45.5%, 30.3%, and 35.7% for 2022, 2023, and 2024, respectively [2]. Business Model and Product Offering - Zhaoyi Innovation operates under a fabless business model, focusing on the design and development of integrated circuits [1]. - The company offers a diverse range of chip products, including Flash, niche DRAM, MCU, analog chips, and sensor chips, along with corresponding algorithms and software solutions [1]. Market Position and Shareholder Information - The company was founded in April 2005 by Chairman Zhu Yiming and went public on the Shanghai Stock Exchange in August 2016, with a current market capitalization of RMB 80 billion [3]. - Zhu Yiming holds a 6.89% stake in the company, while notable shareholder Ge Weidong holds 2.82% [6][9]. IPO Context and Market Reaction - Following the announcement of its IPO plan on May 20, 2023, Zhaoyi Innovation's stock price experienced a decline of 6.54% on May 21, indicating potential market volatility related to the IPO [10]. - The company acknowledged that the stock price performance may be influenced by its capital operations related to the dual listing, but emphasized that long-term performance and growth remain the focus [10].

Core Viewpoint - Zhaoyi Innovation has submitted an application for the issuance of H shares and listing on the Hong Kong Stock Exchange, highlighting its position as a leading global multi-chip design company specializing in various chip products and solutions [2] Company Overview - Zhaoyi Innovation is a global leader in multi-chip design, providing diverse chip products including Flash, niche DRAM, MCU, analog chips, and sensor chips, along with corresponding algorithms and software solutions [2] - The company operates under a fabless business model, focusing on integrated circuit design and R&D to maintain technological leadership [2] - Established in 2005, Zhaoyi Innovation has spent 20 years in the specialized storage chip industry and 14 years in the MCU field, becoming a leading enterprise in China for specialized storage chips and MCUs [2] Market Position - According to Frost & Sullivan, Zhaoyi Innovation is a market leader in multiple fields, being the only integrated circuit design company globally ranked in the top ten for NOR Flash, SLC NAND Flash, niche DRAM, and MCU [2] - Specific rankings include: - NOR Flash: Second globally, first in mainland China [3] - SLC NAND Flash: Sixth globally, first in mainland China [3] - Niche DRAM: Seventh globally, second in mainland China [3] - MCU: Eighth globally, first in mainland China [4] - Fingerprint sensor chips: Second in mainland China [5] Financial Performance - Revenue figures for Zhaoyi Innovation are as follows: - 2022: RMB 8,130 million - 2023: RMB 5,760.8 million - 2024: RMB 7,356 million [5] - Adjusted net profit (non-IFRS) for the same years: - 2022: RMB 2,256.1 million, net profit margin of 27.7% - 2023: RMB 258.3 million, net profit margin of 4.5% - 2024: RMB 1,259.9 million, net profit margin of 17.1% [5] R&D Investment - Zhaoyi Innovation emphasizes R&D to meet complex market demands, with R&D expenditures as follows: - 2022: RMB 935.6 million (11.5% of total revenue) - 2023: RMB 990.0 million (17.2% of total revenue) - 2024: RMB 1,122.4 million (15.3% of total revenue) [5] - As of December 31, 2024, the company holds 1,059 patents, 195 registered trademarks, 62 copyrights, and 3 domain names [5]

Core Viewpoint - The article discusses the performance and characteristics of two indices related to the semiconductor sector on the STAR Market, namely the STAR Chip Index and the STAR Semiconductor Materials and Equipment Index, highlighting their differences and similarities in terms of sample selection, industry focus, top-weighted stocks, performance, and valuation levels [1][16]. Group 1: Differences - Sample Selection: The STAR Chip Index includes 50 stocks related to semiconductor materials, equipment, chip design, manufacturing, and testing, with an average market capitalization of approximately 235 billion yuan. In contrast, the STAR Semiconductor Materials and Equipment Index consists of 30 stocks focused on semiconductor materials and equipment, with an average market capitalization of about 149 billion yuan [1][2][3]. - Industry Focus: The STAR Chip Index emphasizes the chip design segment, with over 50% weight in integrated circuit design, while the STAR Semiconductor Materials and Equipment Index focuses on semiconductor materials and equipment, with over 50% weight in semiconductor equipment [4][6]. - Top Ten Weights: The cumulative weight of the top ten stocks in the STAR Chip Index is 58.42%, with companies like Haiguang Information and SMIC having weights exceeding 8%. The STAR Semiconductor Materials and Equipment Index has a cumulative weight of 72.42% for its top ten stocks, with companies like Hu Silicon Industry and Hwa Hai Qing Ke also exceeding 8% [8][10]. Group 2: Performance and Valuation - Index Performance: Over the past year to five years, the STAR Chip Index has outperformed the STAR Semiconductor Materials and Equipment Index. However, the STAR Chip Index has shown slightly higher volatility in the past year, while the latter has had higher annualized volatility over three and five years [11][12]. - Valuation Levels: The STAR Chip Index's price-to-book ratio has risen to above the historical 70th percentile, indicating a high valuation, whereas the STAR Semiconductor Materials and Equipment Index remains around the historical 30th percentile, reflecting a significant difference in market perception between chip design and manufacturing segments [13][16]. Group 3: Similarities - Sample Space: Both indices consist of stocks listed on the STAR Market, requiring a listing period of over six months and excluding stocks with delisting risk warnings, ensuring a focus on established companies [17]. - Industry Category: Both indices belong to the semiconductor industry theme, representing a detailed depiction of the semiconductor sector on the STAR Market, which includes many leading companies in this field [17].

证券代码：000670 证券简称：盈方微 4、什么时候业绩才能由亏转赢呀，业绩一直这样会不会 st? 谢谢您对公司的关注！公司仍将持续专注主营业务，不断提 升核心竞争力，以市场发展为导向，持续做好经营管理工作，努 力提升经营业绩。 5、公司连续多年净利润为负，请问公司实际经营状况如何， 如何扭亏为盈，有没有 ST 的风险，请回答，谢谢 谢谢您对公司的关注！公司将继续加大对分销业务资源投 入，不断拓展布局新的产品线，进一步优化公司的产品结构，以 更加丰富的产品体系满足客户多样化的市场需求，同时，公司将 继续强化客户的主动服务意识，针对不同客户制定相应的服务策 略,以实现更加优质的服务和高度的客户忠诚度；将根据市场发 展动态适时开展新项目的立项，加速推进项目的产品化进程；将 继续探索科学、多样化的人才与薪酬激励机制，健全公司薪酬管 理体系，打造具备优秀凝聚力的人才队伍。 盈方微电子股份有限公司 投资者关系活动记录表 编号：2025-002 | | □特定对象调研□ 分析师会议 | | --- | --- | | 投资者关系 | □ 媒体采访□业绩说明会 | | 活动类别 | □ 新闻发布会□ 路演活动 | | | ...

长江商报奔腾新闻记者 沈右荣 上市以来，中颖电子积极布局。根据年报，2024年，公司主要产品细分为工规MCU、电池管理芯片、 AMOLED（主动式有机发光二极管）显示驱动芯片、车规MCU等。工规 MCU主要用于智能家电、变 频电机、智能物联；电池管理芯片(BMIC)主要用于 3C 锂电池及动力电池管理；AMOLED 显示驱动芯 片主要用于智能手机、智能穿载；车规 MCU主要涵盖电控、电机及电池管理。 近年来，工规MCU的营收占比接近60%；BMIC则在30%左右。 经营业绩方面，2013年至2021年，中颖电子实现了营业收入、归属于母公司股东的净利润（简称"归母 净利润"）持续双增，但从2022年开始，营业收入呈现止步不前趋势，而归母净利润则是连续三年下 降。2022年至2024年，其归母净利润分别为3.23亿元、1.86亿元、1.34亿元，同比下降12.86%、 42.32%、28.01%。 今年一季度，公司实现的营业收入为3.19亿元，同比微增0.05%；归母净利润为1555.86万元，同比下降 50.08%。 尽管业绩下滑，但中颖电子的财务状况依然较好。截至今年一季度末，公司资产负债率为19.94%，期 ...