Investment Rating - The investment rating for the company is set at ★★★★☆ for basic factors and valuation, ★★★★★ for performance growth, ★★☆☆☆ for industry representation, ★★★☆☆ for industry prosperity, and ★★★★☆ for market conditions [4]. Core Insights - The company is a mainland supplier of audio amplifier chips and haptic feedback chips, focusing on designing low-power and medium-to-high power audio chips without a wafer fabrication business model. It ranks fourth globally and third in mainland China for audio amplifier chip suppliers, and fifth for haptic feedback chip suppliers according to Frost & Sullivan [1]. - The company is expected to benefit from new application scenarios, having expanded its product portfolio to include powerful audio amplifier chips for large electronic products and smart vehicles, as well as a new series of chips for haptic feedback, enhancing user interaction across various devices [2]. - The audio amplifier chip market is projected to reach RMB 48.2 billion by 2025 and grow to RMB 87 billion by 2029, with a CAGR of 15.9%. The mainland audio amplifier chip industry is expected to grow to RMB 9.9 billion by 2029, with a CAGR of 19.4% [3]. Summary by Sections Company Background - The company specializes in low-power audio chips, medium-to-high power audio chips, haptic feedback chips, and other components like power management chips. It is expected to deliver over 400 million audio amplifier chips in mainland China and over 450 million globally in 2024 [2]. Financial Data - The company's revenue is projected to increase from RMB 1.3 billion in 2022 to RMB 3.55 billion in 2024, while the net profit is expected to improve from a loss of RMB 0.66 billion in 2022 to a loss of RMB 0.57 billion in 2024 [4]. Market Statistics - The company plans to issue 120 million shares, with a price range of HKD 40-50, aiming for a maximum fundraising amount of HKD 600 million [5].

Investment Rating - The investment rating for the company is set at ★★★☆☆, indicating a neutral outlook based on fundamental factors and valuation [3]. Core Insights - The company is a platform-based integrated circuit (IC) design firm focused on providing control chips and system solutions for various smart terminals. It also operates in the lithium battery anode materials business, contributing to revenue diversification and growth [1]. - The company ranks among the top five domestic enterprises in the global platform-based microcontroller unit (MCU) market and is the leading player in the domestic MCU market with built-in commercial encryption algorithm modules [2]. - The company is actively expanding into emerging strategic areas such as artificial intelligence, robotics, new energy, and low-altitude economy, alongside its traditional applications in consumer electronics, industrial control, digital energy, smart home, automotive electronics, and medical electronics [2]. - The company has established competitive advantages as a leading platform-based MCU IC design firm with a broad and rich product line, deep coverage of diverse downstream scenarios, and significant advancements in emerging strategic fields [2]. Financial Summary - The company’s revenue for the fiscal years ending December 31 is projected as follows: 2022 at 11.95 billion RMB, 2023 at 10.37 billion RMB, and 2024 at 11.68 billion RMB. The net profit for the same periods is expected to be -0.32 billion RMB, -5.72 billion RMB, and -2.35 billion RMB respectively [4].

Group 1 - The global offering price for Aixin Yuanzhi Semiconductor Co., Ltd. is set at HKD 28.20 per share [1] - A total of 104,915,200 H shares were offered globally, with 10,491,600 shares allocated for public offering in Hong Kong and 94,423,600 shares for international placement [1] - The total proceeds from the global offering amount to approximately HKD 2.96 billion, with a net amount of about HKD 2.8 billion after deducting estimated listing expenses of HKD 160 million [1] Group 2 - The Hong Kong public offering received 85,091 valid applications, achieving a subscription level of 104.82 times [1] - The number of shares allocated for the international offering was 94,423,600, representing 90% of the total shares offered globally, with a subscription level of 6.8 times [1] - There are 16 cornerstone investors in the global offering, collectively allocated 51,156,300 shares, accounting for 48.76% of the total shares offered [2] Group 3 - Major cornerstone investors include Weir Semiconductor Hong Kong Ltd. and New Mar Fashion International Ltd., each receiving 9,678,300 shares [2] - The joint sponsors for the global offering are China International Capital Corporation Hong Kong Securities Ltd., Guotai Junan International, and CMB International [2] - Aixin Yuanzhi H shares are expected to commence trading on the Hong Kong Stock Exchange on February 10, 2026, under stock code 600 [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部 分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 Guangdong Tianyu Semiconductor Co., Ltd. 廣東天域半導體股份有限公司 (於中華人民共和國註冊成立的股份有限公司) （股份代號：2658） 有關訂立 戰略合作協議的 自願公告 本公告乃由廣東天域半導體股份有限公司（「本公司」，連同其附屬公司，統稱「本集 團」）自願作出，旨在向本公司股東（「股東」）及本公司潛在投資者提供本集團最新業 務發展情況。 本公司董事（「董事」）會（「董事會」）欣然公佈，於2026年2月6日（交易時段後），本公 司及EYEQ Lab Inc.（「EYEQ Lab」）訂立戰略合作協議（「協議」），據此，協議訂約 方（各自為「訂約一方」，統稱「訂約方」）同意建立戰略合作夥伴關係，以發揮彼等各 自於第三代半導體領域的優勢，重點聚焦碳化硅(SiC)外延片的供應與應用。 協議 協議的主要條款概述如下： 訂約方 (i) 本公司；及 (ii) EYEQ Lab ...

本公告不會直接或間接於或向美國（包括其領土及屬地、美國任何州及哥倫比亞特區）發佈、發行、分派。本 公告並不構成亦不屬於在美國或任何其他司法權區購買或認購證券的任何要約或招攬的一部分。發售股份未 曾亦不會根據1933年美國證券法（經不時修訂）（「美國證券法」）或美國任何州或其他司法權區的證券法登 記，且不得在美國境內提呈發售、出售、質押或以其他方式轉讓，惟獲豁免遵守美國證券法登記規定或不受 該等登記規定規管的交易除外。本公司一直無意及現時亦無意於美國公開發售任何證券。發售股份乃根據美 國證券法S規例在美國境外的離岸交易發售及出售。 香港交易及結算所有限公司、香港聯合交易所有限公司（「香港聯交所」）及香港中央結算有限公司（「香港結 算」）對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或 任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 除本公告另有界定者外，本公告所用詞彙與廣東天域半導體股份有限公司（「本公司」）所刊發日期為2025年 11月27日的招股章程（「招股章程」）所界定者具有相同涵義。 本公告僅供參考，並不構成收購、購買或認購本公司任何證券的邀請 ...

Guangdong Tianyu Semiconductor Co., Ltd. 廣 東 天 域 半 導 體 股 份 有 限 公 司 香港交易及結算所有限公司、香港聯合交易所有限公司（「聯交所」）及香港中央結算 有限公司（「香港結算」）對本公告的內容概不負責，對其準確性或完整性亦不發表任 何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因依賴該等內容 而引致的任何損失承擔任何責任。 本公告不會直接或間接於或向美國（包括其領土及屬地、美國任何州以及哥倫比亞 特區）發佈、刊發或派發。本公告並不構成或組成在美國境內或有關要約或招攬屬 違法的任何其他司法管轄區出售證券的任何要約或招攬購買或認購證券的一部分。 本公告所述證券並無亦不會根據1933年美國證券法（經不時修訂）（「美國證券法」）或 美國任何州的證券法登記，亦不得於美國境內或向美國人士（定義見美國證券法S規 例（「S規例」））或代表美國人士或為其利益提呈發售、出售、質押或轉讓，惟在獲豁 免遵守或毋須遵守美國證券法登記規定及符合任何適用的州證券法的交易中進行者 除外。本公司不擬在美國公開發售證券。發售股份根據美國證券法S規例以離岸交 易在美國境外提呈發 ...

Group 1: Market Overview - The Hang Seng Index (HSI) is expected to continue rising to 25,800-26,000 next week, with a support level at 24,600 and a resistance level at 25,894 [1] - Technical signals indicate a "strong buy" for the semiconductor sector, with a potential price target of 56-60 HKD for SMIC [3] - China Southern Airlines has recently broken through its previous high, with a key resistance level at 6.19 HKD [6] Group 2: Individual Stock Analysis - Ganfeng Lithium is showing a gradual upward trend, with a support level at 27 HKD and a resistance level at 33.6 HKD, potentially reaching 35 HKD [9] - Alibaba's stock is currently viewed as a buying opportunity, with a target of 130 HKD and support levels at 112.3 HKD and 105.7 HKD [12] - AAC Technologies has a neutral technical signal, with resistance levels at 41.2 HKD and 42.5 HKD, indicating a lack of clear direction [15]