Group 1 - The China Securities Regulatory Commission (CSRC) has requested Chipone Microelectronics (688630.SH) to provide additional information regarding its major shareholder, Aige Venture Capital, and the specific use of raised funds [1] - Chipone Microelectronics submitted its listing application to the Hong Kong Stock Exchange on August 31, 2025, with CICC as its sole sponsor [1] - The CSRC's inquiries include the basic situation of Aige Venture Capital, the company's business scope, and whether the raised funds will require overseas investment approvals [1] Group 2 - Chipone Microelectronics is a global leader in the direct-write lithography industry, providing core equipment for advanced information technology in the AI era [1] - The company has a complete R&D technology system that includes light sources, exposure engines, precision worktables, alignment and focusing, data links, and modular system integration design [2] - The product portfolio primarily consists of PCB direct imaging equipment and automatic line systems, as well as semiconductor direct-write lithography equipment and automatic line systems [2]

Group 1 - The China Securities Regulatory Commission (CSRC) has requested Chipmore Microelectronics (688630.SH) to provide additional information regarding its major shareholder, Aige Venture Capital, and the specific use of raised funds [1] - Chipmore Microelectronics submitted its listing application to the Hong Kong Stock Exchange on August 31, 2025, with China International Capital Corporation (CICC) as its sole sponsor [1] - The CSRC has outlined specific requirements for Chipmore Microelectronics, including verification of the major shareholder's background, clarification on business operations in relation to foreign investment restrictions, and detailed explanations of the intended use of raised funds [1] Group 2 - Chipmore Microelectronics is a global leader in the direct-write lithography industry, providing core equipment for advanced information technology in the AI era [1] - The company has a comprehensive R&D technical system that includes light sources, exposure engines, precision workstations, alignment and focusing, data links, and modular system integration design [2] - The product portfolio primarily consists of PCB direct imaging equipment and automatic line systems, as well as semiconductor direct-write lithography equipment and automatic line systems [2]

Core Viewpoint - The company reported significant revenue growth in the first three quarters of 2025, driven by an expansion in sales and strategic focus on high-end products and overseas markets [1] Financial Performance - For the first nine months of 2025, the company achieved operating revenue of 934 million yuan, a year-on-year increase of 30.03% [1] - In Q3 2025, the operating revenue was 279 million yuan, reflecting a year-on-year growth of 3.98% [1] - The net profit attributable to shareholders for Q3 was 56.78 million yuan, up 4.41% year-on-year [1] - The company's net cash flow from operating activities was -35.72 million yuan, showing improvement compared to the same period last year due to increased sales collections [1] Research and Development - The company increased its R&D investment, with total R&D expenses reaching 88.36 million yuan in the first three quarters, marking an 18.20% year-on-year growth [1] Market Position and Future Plans - The company submitted an application for H-share listing on the Hong Kong Stock Exchange on August 31, 2025, which has been accepted by the China Securities Regulatory Commission [1] - Established in 2015 and listed on the Sci-Tech Innovation Board in April 2021, the company currently has a market capitalization exceeding 18 billion yuan [1] - As a global leader in the direct-write lithography industry, the company's equipment is widely used in mask manufacturing, PCB, MEMS, and IC packaging [1]

Core Viewpoint - Chipbond Microelectronics has submitted a listing application to the Hong Kong Stock Exchange, with CICC as its sole sponsor, positioning itself as a leader in the direct imaging lithography industry for advanced information technology in the AI era [1] Company Overview - Chipbond Microelectronics is the largest supplier of PCB direct imaging equipment globally, with a market share of 15.0% based on projected 2024 revenue [1] - The company is the only one with business coverage across PCB, IC substrates, advanced packaging, and mask applications as of June 30, 2025 [1] - The company possesses a complete R&D technology system architecture, including light sources, exposure engines, and precision worktables [1] Financial Performance - The company's revenue for the years 2022 to 2024 is projected to be approximately 652 million, 829 million, and 954 million RMB respectively, with profits of 137 million, 179 million, and 161 million RMB during the same period [1]

Core Viewpoint - ChipMOS Technologies (芯碁微装) has submitted an application for listing on the Hong Kong Stock Exchange, with CICC acting as the sole sponsor [1]. Company Overview - ChipMOS Technologies is a global leader in the direct imaging lithography industry, providing core equipment for advanced information technology in the AI era. The company focuses on high-precision micro-nano lithography technology and its application in various innovative uses [4]. - According to Zhaoshang Consulting, ChipMOS is the largest supplier of PCB direct imaging equipment globally, with a market share of 15.0% based on projected revenue for 2024. It is the only company with business coverage across PCB, IC substrates, advanced packaging, and mask applications as of June 30, 2025 [4]. Financial Performance - For the fiscal years ending December 31 and the six months ending June 30, the company reported the following revenues and profits: - 2022: Revenue of approximately 652.3 million RMB, profit of 136.6 million RMB - 2023: Revenue of approximately 828.9 million RMB, profit of 179.3 million RMB - 2024: Revenue of approximately 953.9 million RMB, profit of 160.7 million RMB - 2025 (first half): Revenue of approximately 654.3 million RMB, profit of 142.0 million RMB [5][7].

Core Insights - The company, Chip Quik Microelectronics, is a global leader in the direct imaging lithography industry, providing essential equipment for the advanced information technology sector in the AI era [3] - According to Zhaoshi Consulting, Chip Quik Microelectronics is the largest supplier of PCB direct imaging equipment globally, with a market share of 15.0% as of 2024 [3] - The company is the only one globally that covers PCB, IC substrates, advanced packaging, and mask applications, and it has the highest number of advanced packaging customers worldwide as of June 30, 2025 [3] Company Overview - Chip Quik Microelectronics focuses on high-precision micro-nano lithography technology and has a complete R&D technical system that includes light sources, exposure engines, precision worktables, alignment and focusing, data links, and modular system design [3] - The product portfolio primarily includes PCB direct imaging equipment and automatic line systems, as well as semiconductor direct imaging lithography equipment and automatic line systems [3] Financial Performance - The company reported revenues of approximately RMB 652.77 million, RMB 828.85 million, RMB 953.94 million, and RMB 654.33 million for the fiscal years 2022, 2023, 2024, and the six months ending June 30, 2025, respectively [4][6] - The net profits for the same periods were RMB 136.59 million, RMB 179.31 million, RMB 160.70 million, and RMB 142.03 million [4][6] - The gross profit margins for the years were 41.3%, 40.9%, 35.5%, and 41.0% for 2022, 2023, 2024, and the six months ending June 30, 2025, respectively [6]