Core Viewpoint - Shenzhen Jincun Technology Co., Ltd. has submitted an application for listing on the Hong Kong Stock Exchange, with CMB International Securities and Guotai Junan International as joint sponsors [1] Company Overview - Jincun Technology is a leading independent manufacturer of embedded storage products, focusing on the R&D, design, production, and sales of embedded storage and other storage products [5] - The company's embedded storage products include DRAM-based products (DDR, LPDDR), NAND Flash-based products (eMMC, UFS), and multi-chip packaging (MCP) embedded storage products (eMCP, uMCP, ePOP) [5] - Other products include solid-state drives and memory modules, and the company also provides testing and storage technology services to some clients [5] Market Position and Growth - The global semiconductor storage product market is large and rapidly growing, with an expected market size of 13.8 billion units by 2024, projected to grow to 19.4 billion units by 2029, representing a compound annual growth rate (CAGR) of 7.1% from 2024 to 2029 [6] Financial Performance - For the fiscal years 2022, 2023, and 2024, the company's revenues were approximately 2.096 billion, 2.401 billion, and 3.714 billion RMB, respectively [6] - The net profits for the same periods were approximately 44.42 million, 37.01 million, and 88.89 million RMB, respectively [6] - For the six months ending June 30, 2025, the revenue was approximately 2.060 billion RMB, with a net profit of approximately 114.78 million RMB [6][7]