Core Viewpoint - Semit Information Group Co., Ltd. (referred to as Semit) has submitted an application for listing on the Hong Kong Stock Exchange, with Haitong International, CITIC Securities, and CITIC Jianzhong International as joint sponsors [1] Group 1: Company Overview - Semit is the first and only fully automated CIM solution provider in China, having been verified and put into mass production by multiple 12-inch wafer fabs [1] - As of June 30, 2025, Semit has 758 customers, covering six of the top eight wafer fabs, the top three semiconductor wafer manufacturers, and the top three packaging and testing companies in the country [1] Group 2: Financial Performance - In the first half of 2025, Semit's revenue was RMB 283 million, a 10% increase from RMB 257 million in the same period last year, while net profit decreased by approximately 4% to RMB 33.625 million [2] - The revenue for Semit in 2022, 2023, 2024, and the first half of 2025 was RMB 181 million, RMB 287 million, RMB 500 million, and RMB 283 million respectively, with corresponding net profits of RMB -80.91 million, RMB 24.565 million, and RMB 73.832 million [2] Group 3: Product and Service Offerings - Semit primarily provides intelligent manufacturing software solutions and operational management software solutions, serving industries such as semiconductors, power, electronics, automotive, panels, photovoltaics, chemicals, new energy batteries, high-end equipment, metal products, and biomedicine [2] - In the first half of 2025, revenue from intelligent manufacturing software solutions was RMB 200 million, accounting for 71.4% of total revenue, while operational management software solutions generated RMB 80.91 million, making up 28.6% [2] Group 4: Customer Base and Growth - As of the first half of 2025, Semit had 402 customers for its intelligent manufacturing software solutions, with a compound annual growth rate (CAGR) of 38.1% from 2022 to 2024 [3] - The operational management software solutions had 349 customers, with a CAGR of 218.3% from 2022 to 2024 [3] - Semit plans to develop its own ERP software to replace imported solutions, aiming to expand its market share [3] Group 5: Ownership and Investment - Semit's actual controller is entrepreneur Li Gangjiang, who has a background in major tech companies and has founded several listed companies [4] - Semit completed a C+ round financing of RMB 150 million in December 2023, with a post-investment valuation of approximately RMB 6.383 billion [5] - Major shareholders include Huawei, which holds 4.96%, and other investors such as Wuxi Chongwei, BYD, and various venture capital funds [5]