近年港股的一些半导体概念股表现亮眼，华虹半导体（01347.HK）、中芯国际（00981.HK）、上海复旦（01385.HK）等多股迎来大涨。 招股书披露，以2024年的销售收益计算，酷芯微电子在中国视觉处理AI SoC及解决方案市场中以人民币4亿元的收益及1.3%的市场份额位居市场第8位；同 时在无人机视觉处理AI SoC及解决方案市场中位居第3名；在AR眼镜视觉处理AI SoC及解决方案市场中位居第2名。 值得一提的是，在发展过程中，酷芯微电子也获得了多轮融资的支持。根据招股书，酷芯微电子于2025年12月完成了4亿元融资，投后估值增至33.4亿元 （人民币，下同）。 | | A 输 | B 輸 | 2021 年 | B+ 輸 | B++ 輸 | 2023年 | | --- | --- | --- | --- | --- | --- | --- | | | 融資 | 融資 | 轉 讓 | 融資 | 融資 | 蘭 該 | | 協議日期 | 2019年 | 2020年 | 2021年 | 2021年 | 2022年 | 2023年 | | | 12月19日 | 11月30日 | 10月17日 | 11月9日 ...

智通财经APP获悉，据港交所1月28日披露，合肥酷芯微电子股份有限公司(简称：酷芯微电子)向港交所主板递交上市申请书，华泰国际为其独家保荐人。 智能可穿戴方面，酷芯微电子是率先开发高性能、低功耗及小尺寸视觉AI SoC的公司之一，其专门设计功能应用于AR/AI眼镜。公司正战略性及拓展产品布 局，将解决方案延伸至智能手表及智能耳机，从而在智能可穿戴市场进一步实现多元化覆盖。 技术服务方面，除为战略客户提供视觉处理AI SoC产品及解决方案外，酷芯微电子还提供自研算法设计及技术服务，协助客户进行产品开发，涵盖生产线 配置及维护方案制定。公司亦会选择性地向战略客户开放自研IP与软件授权以及产品设计服务，以促进深度协作与系统级整合。 财务资料 收益 公司简介 招股书显示，酷芯微电子为中国领先的具备集成化解决方案能力的视觉处理AI SoC供应商。公司采用无晶圆厂经营模式，专注于AI SoC产品与解决方案的 研发、设计及销售。公司提供以视觉处理AI SoC与无线视频传输SoC为核心的集成化解决方案，产品组合融合芯片设计、软件工具包、场景优化算法及工程 支持服务，协助客户在快速演进的AI应用环境中缩短开发周期并加速产品上市 ...

Group 1: Company Growth and Market Position - The company is entering a critical growth phase, transitioning from steady to rapid growth due to significant R&D investments in AI SoC chips, particularly in edge computing and automotive sectors [2][3] - The company aims to become the leading supplier of automotive vision technology within five years, focusing on L2 level and below applications, with a substantial market size and clear competitive landscape [6] - The company has established partnerships with over 30 domestic and international clients, with a strong emphasis on expanding into the Japanese market [6] Group 2: Product Development and Innovations - The company launched several new products at the 2025 Developer Conference, including the SPAD chip for automotive laser radar with detection ranges of 300-600 meters and resolutions from 192 to over 1000 lines [3][4] - New chips for automotive visual perception and driver assistance were introduced, including the SAC8905 and SAC8712, with mass production expected in 2026 [3][4] - The company is also expanding its offerings in edge computing and robotics, with new chips designed for high-end intelligent hardware and various robotic applications [4][9] Group 3: Supply Chain and Competitive Strategy - The company employs an integrated "chip + built-in storage" model, providing a unique commercial advantage and ensuring competitive pricing through large-scale procurement [7] - In response to supply shortages and rising storage costs, the company has seen increased demand for its built-in storage products, enhancing its pricing power [7] - The company has a global sales presence, with over half of its sales coming from international markets, positioning itself as a key supplier in the overseas smart vision market [8][9] Group 4: Future Outlook and Market Trends - The company anticipates sustained growth in its robotics business, with over 10 million units shipped this year and plans to expand into various robotic categories [9] - The company is focused on developing differentiated products that address the needs of the "general robotics" market, targeting all intelligent devices with perception, control, and decision-making capabilities [9]

Core Viewpoint - The acquisition of 94.366% stake in Zhongxin Ningbo by Guokaiwei has been terminated due to the inability to reach an agreement within the expected timeframe, but this will not significantly impact the financial status of either party [1][2]. Group 1: Company Overview - Guokaiwei is a leading integrated circuit design company in China, focusing on ultra-high-definition smart displays and smart vision, and has become a key supplier of related chip solutions [2]. - Zhongxin Ningbo possesses unique advantages in special process fields, with 6-inch and 8-inch wafer manufacturing lines, currently in the capacity ramp-up phase [2]. Group 2: Impact of Termination - The termination of the acquisition will not disrupt Guokaiwei's established operational pace, as the company continues to focus on its "ALL IN AI" strategy and the development of AI SoC products [3]. - Guokaiwei has stated that the termination does not mean a complete abandonment of restructuring, and the company will continue to seek external acquisition opportunities that align with policy encouragement and strategic synergy [3]. Group 3: Market Context - Despite the overall increase in M&A activity in the A-share market this year, there have been over 50 cases of companies terminating major asset restructuring plans, indicating a trend of cautious adjustments in the market [3].