8月22日，中国证监会公示《境外发行上市备案补充材料要求(2025年8月15日—2025年8月21日)》，证 监会国际司共对3家企业出具补充材料要求。其中要求杰华特补充说明公司基本情况、杰华特香港有限 设立的具体情况和披露情况等事项。据悉，2025年5月30日，杰华特向港交所递交上市申请，中信证券 为独家保荐人。 二、关于公司境外子公司，请说明：(1)杰华特香港有限设立的具体情况和披露情况；(2)杰华特香港有 限未履行境外投资备案程序和外汇登记程序不属于重大违法违规行为的明确依据；(3)杰华特香港有限 注销进展情况。 三、请说明公司及下属公司经营范围和实际业务经营是否涉及《外商投资准入特别管理措施(负面清单) (2024年版)》外资禁止或限制准入领域。 招股书显示，杰华特致力于成为全球模拟集成电路行业领军者。公司拥有涵盖工艺、集成电路设计和系 统定义在内的完整核心技术架构。公司的产品组合主要包括电源管理集成电路及信号链集成电路。截至 2024年12月31日，公司提供约2200款可供销售的集成电路产品型号，包括超过2000款电源管理集成电路 产品型号。根据弗若斯特沙利文的资料，2024年公司在电源管理集成电路产 ...

Summary of DiAo Micro's Conference Call Company Overview - **Company**: DiAo Micro - **Industry**: Semiconductor, specifically focusing on signal chain products, power management, and automotive electronics Key Financial Highlights - **Q1 2025 Revenue**: Increased by 19.06% year-on-year to 153.1 million RMB - **Net Profit**: Non-GAAP net profit rose by 135.48% year-on-year - **Gross Margin**: Improved to 47.45%, up by 1.76 percentage points from the previous year [2][3] - **2024 Revenue**: Achieved 526 million RMB, a growth of 37.98% year-on-year [3] Revenue Structure - **Consumer Electronics**: 52.4% of total revenue, with mobile phones at 30.7%, PCs at 7%, and smart home appliances at over 5% [5] - **Industrial Control and Security**: Close to 37% [5] Automotive Business - **Product Launches**: Launched 60-70 products and added over 70 new customers [2][5] - **Value per Vehicle**: Signal chain valued at approximately $10, power management potential at over 200 RMB (~$30) [5][6] - **R&D Investment**: 210 million RMB in 2024, expected to increase in 2025, targeting 2000 RMB per vehicle sales [5][7] Robotics and AI Servers - **Robotics Components**: Focus on magnetic encoders and other components, with a value of around 2000 RMB per robot [8] - **AI Server Revenue**: Monthly revenue exceeded 1 million RMB, expected to reach 20 million RMB in 2025 [8][10] High-Precision Load Switches - **Product Development**: Successfully developed a high-current monitoring load switch, becoming the first in China [11] - **Market Position**: One of the largest suppliers of analog integrated circuits in China, with significant sales growth expected [11] Gross Margin Analysis - **Signal Chain Products**: Gross margin close to 56%, power management products around 40% [3][12] - **Innovation Impact**: Margin improvements attributed to unique solutions and innovations rather than price increases [12][13] Competitive Strategy - **Market Positioning**: Focus on high-end clients and innovative solutions rather than competing on price [13] - **Collaboration with Qualcomm**: Enhances product offerings and market reach [13] Future Growth Projections - **Sales Targets**: Aim to exceed 400-500 million RMB in 2025, with potential to reach 700-800 million RMB in 2026 [26] - **New Product Launches**: Expected to drive additional revenue growth in the consumer market [16] R&D Focus - **Investment Increase**: R&D expenses increased to over 40 million RMB in Q1 2025, with a focus on signal chain and power management technologies [24] - **Technological Development**: Emphasis on advanced sensor technologies and high-performance power management solutions [24] Strategic Partnerships - **Collaboration with Major Clients**: Partnerships with top automotive suppliers and technology companies to enhance product offerings [18][19] Conclusion - **Market Outlook**: DiAo Micro is positioned for significant growth in the semiconductor industry, particularly in automotive electronics and AI server markets, driven by innovation and strategic partnerships [28][29]