新浪科技讯 9月26日晚间消息，针对市场有关Momenta IPO地点的猜测，Momenta官方回应表示："公司 尚未确定任何IPO的最终计划，包括但不限于上市地点、时间、募资规模及估值等关键信息。" 责任编辑：刘万里 SF014 此前，有媒体报道称，Momenta正在考虑将原定赴美的上市计划转向香港。消息人士称，公司已在内部 向部分投资人传递了这一可能性，但尚处早期阶段，存在调整空间。 Momenta成立于2016年。公开资料显示，创始人兼CEO曹旭东本科就读于清华大学工程力学专业，2008 年加入微软（MSFT）亚洲研究院计算机视觉组，2013年投身商汤（00020）担任执行研发总监。公司 与地平线、大疆车载、华为被共同称为智能驾驶领域"地大华魔"的一员。（文猛） ...

上交所官网显示， 摩尔线程智能科技（北京）股份有限公司首发申请成功通过上交所上市审核委员会会议审议 。 | | | | | 首页 党建 发行上市 披露 监管 数据 产品 服务 规则 关于 | | | 一网通办 "三开门"专栏 | | --- | --- | --- | --- | --- | --- | --- | --- | | 发行上市 > 审核项目动态 > | | | | | | | | | 摩尔线程智能科技（北京）股份有限公司 ■●医IPO | | | | | | | | | 已受死 | | 已问询 | 上市委会议 | | | 提交注册 | 注册结果 | | 2025-06-30 | | 2025-07-17 | 2025-09-26 | | | | | | | | | 通过 | | | | | | 项目基本信息 | | | | | | | | | 公司全称 | 摩尔线程智能科技(北京)股份有限公司 | | | 受理日期 | 2025-06-30 | | | | 公司简称 | 摩尔线程 | | | 融资金额(亿元) | 80.00 | | | | 审核状态 | 上市委会议通过 | | | 更新日期 | ...

🔥 NEW: Kraken raises $500M at a $15B valuation ahead of a potential IPO. https://t.co/X784QoztwD ...

Core Viewpoint - Aike Co., Ltd. (300889.SZ) reported significant revenue growth in the first half of 2025, with total revenue reaching 531.32 million yuan, a year-on-year increase of 39.88%, despite a net loss [1][2]. Financial Performance - In the first half of 2025, the company achieved total revenue of 531.32 million yuan, up 39.88% from 379.71 million yuan in the same period last year [2]. - The net profit attributable to shareholders was -12.03 million yuan, an improvement of 78.62% compared to -56.27 million yuan in the previous year [2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -13.82 million yuan, showing a 76.64% improvement from -59.18 million yuan year-on-year [2]. - The net cash flow from operating activities was 17.29 million yuan, a significant turnaround from -31.86 million yuan in the same period last year, representing a 154.28% increase [2]. Previous Year Comparison - In 2024, the company reported total revenue of 903.16 million yuan, a decline of 15.37% from 1.07 billion yuan in 2023 [3]. - The net profit attributable to shareholders for 2024 was -107.45 million yuan, compared to a profit of 34.32 million yuan in 2023, marking a decrease of 413.09% [3]. - The net profit after deducting non-recurring gains and losses was -167.61 million yuan, a decline of 1,980.12% from -8.06 million yuan in the previous year [3]. - The net cash flow from operating activities in 2024 was 90.16 million yuan, a significant increase of 257.92% from -57.09 million yuan in 2023 [3]. IPO and Fundraising - Aike Co., Ltd. was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on September 16, 2020, raising a total of 1.09 billion yuan, with a net amount of 982 million yuan after deducting issuance costs [4]. - The company initially planned to raise 845 million yuan for projects related to LED landscape lighting and smart controllers, as well as for working capital [4]. - The stock reached a peak price of 75.38 yuan on its listing day but is currently in a state of decline [4]. Dividend Announcement - On May 29, 2025, Aike Co., Ltd. announced a dividend plan, proposing a stock dividend of 4 shares for every 10 shares held, with the ex-dividend date set for June 9, 2025 [6].

Regulatory Focus - Chinese regulators are pushing for leading domestic chip manufacturers to list on the mainland stock exchanges [1] - The aim is to better control the types of investors who can purchase shares in these strategically important companies [1] - Regulators have concerns about chipmakers' Hong Kong IPOs due to difficulties in identifying the actual backers of international investors [1] Company Actions - Changxin Memory Technologies (长鑫储存) adjusted its Hong Kong IPO to an A-share listing following regulatory advice [1]

Crypto exchange Kraken has completed a $500M funding round at a $15B valuation. The round had no single lead investor and was structured by Kraken itself. Participants included investment firms, venture capital funds, and CEO Arjun Sethi’s Tribe Capital, with Sethi also investing personally. The funds will support Kraken’s expansion and IPO plans, with the company currently targeting a 2026 listing.https://t.co/cO61JDc4Ld ...

Core Points - The core focus of the HKEX IPO process revolves around compliance, transparency, sustainability, and market acceptance [5] Financial Metrics and Profitability - HKEX has specific financial requirements for IPO applicants, including cumulative profits of at least 50 million HKD over the last three years, with at least 20 million HKD in the most recent year [3] - Different tests apply for various sectors, with a focus on the authenticity and sustainability of profits [3] Information Disclosure and Transparency - The principle of "disclosure-based" is emphasized, requiring issuers to provide full, accurate, and timely information to avoid misleading investors [2] Corporate Governance and Independence - Issuers must have a sound corporate governance structure to protect minority shareholders from potential harm by controlling shareholders or management [2] Business Model and Sustainability - The sustainability of business models, especially for new economy companies, is a key focus, including aspects like patent numbers and user engagement metrics [2] Industry Regulation and Compliance - Issuers must comply with both domestic and international regulatory requirements, particularly if their business involves specific sectors like finance or healthcare [4] Related Party Transactions and Interest Transfer - HKEX imposes strict regulations on related party transactions to prevent harm to minority shareholders [4] Use of Proceeds - Issuers are required to disclose the specific and reasonable use of raised funds [4] Shareholder Structure and Equity Arrangement - The structure of shareholders must avoid instability in control or conflicts of interest [4] Financial Statements and Auditing - Ensuring the authenticity of financial data is crucial, with a focus on the qualifications of auditing firms [4] Special Arrangements for New Economy - HKEX has introduced special rules to attract new economy companies, which also brings additional scrutiny [4] Cross-Border Regulation and Data Security - Companies with mainland operations must navigate regulatory coordination between regions [4] Responsibilities of Intermediaries - Intermediaries like sponsors, lawyers, and accountants must fulfill their due diligence responsibilities [5][6] Market Acceptance and Valuation - The market shows a preference for sectors like technology, consumption, healthcare, and renewable energy, while traditional industries may face lower valuations [6] Ongoing Obligations Post-IPO - Issuers must continue to comply with HKEX's ongoing listing obligations after the IPO [5]

Group 1: Chery Automobile's IPO - Chery Automobile officially listed on the Hong Kong Stock Exchange on September 25, 2023, marking the largest IPO for a car company in Hong Kong this year [1] - The IPO price was set at HKD 30.75 per share, raising approximately HKD 9.145 billion [1] - Revenue is projected to grow from CNY 92.618 billion in 2022 to CNY 269.897 billion in 2024, with a compound annual growth rate (CAGR) of 70.7%, while net profit is expected to rise from CNY 5.806 billion to CNY 14.334 billion, with a CAGR of 57.1% [1] Group 2: Shandong Gold International's Listing - Shandong Gold International submitted its prospectus to the Hong Kong Stock Exchange, aiming for a main board listing [2] - The company is recognized as one of China's leading gold producers, focusing on the exploration and mining of gold, silver, lead, and zinc [2] - It is noted for having the strongest profitability and cost-effectiveness among listed gold companies in China, with a projected net profit growth of 48.43% year-on-year for the first half of 2025 [2] Group 3: Shuanglin Technology's IPO - Shuanglin Technology has filed for an IPO on the Hong Kong Stock Exchange, with CITIC Securities and GF Securities as joint sponsors [3] - The company specializes in manufacturing intelligent components for automotive drive systems and is the second-largest global supplier of horizontal drive mechanisms (HDM) for automotive seats, holding a 15.1% market share [3] - The funds raised from the IPO are expected to support overseas capacity expansion and technological research and development [3] Group 4: Baiaosaitu's A-Share Issuance Approval - Baiaosaitu received approval from the Shanghai Stock Exchange for its A-share issuance and listing on the Sci-Tech Innovation Board [4] - The company plans to issue up to 99.8496 million A-shares, with proceeds aimed at enhancing early drug research services, antibody drug development, and clinical research projects [4] - Baiaosaitu has shown significant revenue growth and has turned profitable, leveraging its proprietary antibody platform [4]

Financial Data and Key Metrics Changes - The company achieved total revenue of over RMB 100 million, representing a 10% year-over-year increase, driven by structural optimization across business lines [5][13][14] - Gross profit rose by 15.6% year-over-year, with gross margin improving by 0.8 percentage points [13][17] - Operating income and net income increased by 30% and 30.2% year-over-year, respectively, indicating a shift from scale expansion to quality growth [13][18] Business Line Data and Key Metrics Changes - Engineering solutions for intelligent projects, which account for over 90% of revenue, saw a 13.4% year-over-year revenue growth, with new contracts signed increasing from 82 to 144, a 76% increase [6][15] - Revenue from operation and maintenance of intelligent projects decreased to RMB 4.3 million from RMB 4.9 million year-over-year [15] - Sales of intelligent system equipment and materials dropped to RMB 10,000 from RMB 1.67 million year-over-year [16] Market Data and Key Metrics Changes - The company is positioned to capitalize on the global demand for intelligent building solutions, leveraging its tech-powered execution and strong credibility post-IPO [5][11] - The company holds Class 1 licenses in various engineering sectors, enhancing its competitive advantage in both domestic and potential overseas markets [9] Company Strategy and Development Direction - The company aims to establish itself as a global benchmark in intelligent engineering while strengthening its core domestic operations [10] - Strategic integration of maintenance services with new projects is expected to enhance customer retention and lifecycle value [7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's resilience and ability to navigate macroeconomic conditions, emphasizing the importance of tech-driven execution and high-margin returns [11][13] - The global boom in intelligent buildings presents significant opportunities for the company to evolve from a domestic leader to a global benchmark [11] Other Important Information - The company has obtained a total of 23 patents and 28 software copyrights, reflecting its commitment to R&D in intelligent security and other technologies [9] - Cash and cash equivalents as of March 31, 2025, were reported at RMB 21.4 million, slightly up from RMB 20.8 million [19] Q&A Session Summary - There were no questions during the Q&A session, indicating a lack of immediate inquiries from participants [21]

Core Viewpoint - The A-share IPO market has demonstrated strong resilience and vitality in 2023, with significant fundraising achievements despite a complex global macroeconomic environment. Group 1: IPO Market Performance - In the first three quarters of 2023, A-shares issued 75 new stocks, an increase from 69 in the same period last year, indicating a steady upward trend [1][2] - The total fundraising amount for IPOs reached 743.72 billion yuan, a year-on-year increase of 265 billion yuan, primarily driven by Huadian New Energy's 181.71 billion yuan fundraising [1][2] - The average first-day increase for the 75 new stocks was 244%, nearly 100 percentage points higher than the same period last year, with no new stock experiencing a decline on its debut [1][2][10] Group 2: Fundraising Structure - The fundraising structure showed a pattern of "one company dominating, with smaller averages," where the average and median fundraising amounts were 9.92 million yuan and 5.5 million yuan, respectively [2][3] - Huadian New Energy was the only large-scale IPO this year, accounting for 24.4% of the total fundraising amount [2][3] Group 3: Sector Analysis - The ChiNext board led in the number of IPOs with 27 new stocks raising a total of 195.34 billion yuan, while the Shanghai Stock Exchange's main board led in total fundraising with 372.84 billion yuan [5] - The Hong Kong Stock Exchange ranked first globally in IPO fundraising, with 66 new stocks raising over 180 billion HKD, and four of the top five fundraising companies were A-share listed companies going public in Hong Kong [6] Group 4: Investor Sentiment and Market Trends - The significant increase in the "money-making effect" of new stocks is attributed to an overall market recovery, increased risk appetite, and the high quality of new stocks [10] - Major indices in the A-share market have rebounded, with the ChiNext 50, ChiNext Index, and North Exchange 50 rising over 50% this year, boosting investor confidence [10]