招股书显示，大普微专注于数据中心企业级SSD，是业内领先、国内极少数具备数据中心企业级 SSD"主控芯片+固件算法+模组"全栈自研能力并实现批量出货的半导体存储产品提供商。此次冲击上 市，公司拟募资约18.78亿元。 北京商报讯（记者 马换换 李佳雪）12月29日，深交所官网显示，深圳大普微电子股份有限公司（以下 简称"大普微"）创业板IPO提交注册，公司闯进"注册关"。 据了解，大普微创业板IPO今年6月27日获得受理，12月25日上会获得通过。 ...

一、IPO审核与注册进展 审9过9，大普微业绩增长可持续性遭追问 据京沪深交易所披露，上周（12月22日-12月28日）9家企业上会，新增29家新受理企业；4家IPO提交注 册，3家IPO注册获通过，5只新股上市。 与此同时，本周（12月29日-12月31日）3家公司上会迎考，4只新股将上市，暂无新股安排申购。 上周，9家IPO首发上会获通过，其中，盛龙股份、福恩股份拟登陆深市主板；视涯科技拟登陆科创 板；大普微、三瑞智能拟登陆创业板；英氏控股、隆源股份、普昂医疗、新恒泰拟登陆北交所。 值得关注的是，大普微为创业板首家获受理的未盈利企业。公司主要从事数据中心企业级SSD产品的研 发和销售。本次冲击上市，大普微拟募集资金约18.78亿元，用于下一代主控芯片及企业级SSD研发及 产业化项目、企业级SSD模组量产测试基地项目以及补充流动资金。 在上市委会议现场，上市委要求大普微结合行业周期及发展趋势、市场竞争格局、产品竞争优劣势、成 本传导能力、主要客户、在手订单等，说明业绩增长的可持续性，预计最早将于2026年扭亏为盈的可行 性及审慎性。 财务数据显示，2022年至2024年及2025年前三季度，大普微实现营收分 ...

据大象君了解，深交所 上市审核委员会第34次审议会议、北交所上市审核委员会第47次审议会议共定于12月25日召开，共审议2家企业，2家企业均获通 过。 | | | 上市委审核会议结果 | | | | --- | --- | --- | --- | --- | | 公司简称 | 注册地 | 拟上市板 | 审核结果 | 主要中介机构 | | 大普微 | 广东 | 创业板 | 通过 | 国泰海通+天健+金杜 | | 隆源股份 | 浙江 | 北交所 | 通过 | 国金+立信+天册 | 值得一提的是，大普微于2025年6月27日申报创业板IPO，保荐机构为国泰海通，是创业板历史上首家获受理的未盈利IPO企业。 大普微（首发）获通过 深圳大普微电子股份有限公司主要从事数据中心企业级 SSD产品的研发和销售，是业内领先、国内极少数具备企业级SSD"主控芯片+固件算法+模组"全 栈自研能力并实现批量出货的半导体存储产品提供商。 公司专注数据中心企业级SSD，产品代际覆盖PCIe 3.0到5.0，充分满足各类型客户的产品需求。报告期内，公司企业级SSD累计出货量达4,900PB以上， 其中搭载自研主控芯片的出货比例达75%以上 ...

Core Viewpoint - Shenzhen Dapu Microelectronics Co., Ltd. has recently passed its IPO review and is preparing to list on the Shenzhen Stock Exchange's Growth Enterprise Market [1][15]. Group 1: IPO and Fundraising - Dapu Micro plans to raise 1.878 billion yuan, with 958 million yuan allocated for the next-generation main control chip and enterprise-level SSD R&D and industrialization project, 220 million yuan for the enterprise-level SSD module mass production testing base project, and 700 million yuan for working capital [2][16]. - The company is primarily engaged in the R&D and sales of enterprise-level SSD products for data centers, possessing full-stack self-research capabilities in "main control chip + firmware algorithm + module" and achieving mass shipments [17]. Group 2: Financial Performance - In the first nine months, Dapu Micro reported revenue of 1.26 billion yuan and a net loss of 440 million yuan [2][21]. - The company's revenue for 2022, 2023, and 2024 is projected to be 557 million, 519 million, and 962 million yuan, respectively, with net losses of 534 million, 617 million, and 191 million yuan [5][19]. - For the first half of 2025, the company expects revenue of 748 million yuan and a net loss of 354 million yuan [20]. Group 3: Market Position and Product Offering - Dapu Micro focuses on enterprise-level SSDs, covering product generations from PCIe 3.0 to 5.0, meeting diverse customer needs. During the reporting period, the cumulative shipment of enterprise-level SSDs exceeded 4,900 PB, with over 75% of shipments featuring self-developed main control chips [3][17]. Group 4: Shareholding Structure - Yang Yafei controls 66.74% of the voting rights in the company, making him the actual controller. Dapu Haide holds 13.72% of the shares and has special voting rights, giving it 54.78% of the voting rights [8][22][9]. - Post-IPO, Dapu Haide's shareholding will decrease to 12.35%, while other significant shareholders include Shenzhen Guozhong (9.39%) and Nanjing Qilin (4.66%) [12][26].

12月25日，深圳大普微电子股份有限公司(简称：大普微)深交所创业板IPO通过上市委会议。保荐机构为国泰海通证券， 拟募资18.7785亿元。 招股书显示，大普微主要从事数据中心企业级SSD产品的研发和销售，是业内领先、国内极少数具备企业级SSD"主控芯 片+固件算法+模组"全栈自研能力并实现批量出货的半导体存储产品提供商。 截至2025年6月30日，公司已取得国内外发明专利162项，可计算存储(Computational Storage Drives)、智能多流 (Intelligence Multi-Stream)、智能故障预测(Intelligent Failure Prediction)等多项企业级SSD技术处于业内领先水平。 财务方面，于2022年度、2023年度、2024年度以及2025年1-6月，大普微实现营业收入约为5.57亿元、5.19亿元、9.62亿 元以及7.48亿元人民币;同期，公司实现净利润分别约为-5.34亿元、-6.17亿元、-1.91亿元以及-3.54亿元。 | 项目 | 2025.6.30 | 2024.12.31 | 2023.12.31 | 2022.12.31 | | ...

证券时报·数据宝统计，根据深交所、上交所、北交所上市委会议公告， 将有9家企业首发事项上会。 2家创业板公司拟上会 大普微主要从事数据中心企业级SSD产品的研发和销售。 三瑞智能主营业务为无人机电动动力系统及机器人动力系统的研发、生产和销售。 1家科创板公司拟上会 从拟上市板来看，福恩股份、盛龙股份拟登陆深市主板；视涯科技拟科创板IPO；三瑞智能、大普微拟 创业板IPO；广泰真空、新恒泰等4家企业拟北交所IPO。 拟募资额方面， 即将上会的9家企业中，拟募集资金最多的是视涯科技，预计募集资金20.15亿元，募资 拟投向超高分辨率硅基OLED微型显示器件生产线扩建项目、研发中心建设项目等项目。其次是大普 微、盛龙股份，拟募资金额分别为18.78亿元、15.30亿元。地域分布看，即将上会企业中，浙江省有4家 企业上榜，安徽省、广东省、河南省、江西省、辽宁省分别有1家企业上榜。 拟上会公司中，按保荐机构统计，视涯科技、大普微、三瑞智能等3家公司的保荐机构为国泰海通；福 恩股份、广泰真空等2家公司的保荐机构为中信证券；隆源股份、普昂医疗等2家公司的保荐机构为国金 证券。 2家主板公司拟上会 盛龙股份是国内领先的大型钼 ...

Group 1: New IPOs - This week (December 22 to 26), there are three new stocks available for subscription: one on the Shanghai Stock Exchange, one on the ChiNext, and one on the Beijing Stock Exchange [1] - The IPOs include Shaanxi Tourism (603402) with an issue price of 80.44 yuan and a price-to-earnings (P/E) ratio of 12.37, New Guangyi (301687) with an issue price of 21.93 yuan and a P/E ratio of 28.59, and Hengdongguang with an issue price of 31.59 yuan and a P/E ratio of 14.99 [2] Group 2: Shaanxi Tourism - Shaanxi Tourism integrates tourism performance, cable cars, dining, and project investment and management, leveraging resources like Huaqing Palace and Mount Hua to create high-quality cultural tourism experiences [3] - The company aims to raise 1.555 billion yuan through its IPO, primarily for projects such as the expansion of the Taishan Xiucheng (Phase II) and Shaohua Mountain National Forest Park cableway, as well as acquiring related equity and assets [3] Group 3: New Guangyi - New Guangyi focuses on the research, production, and sales of high-performance special functional materials, with products including anti-overflow adhesive special films and strong resistance special films [4] - The company plans to raise 638 million yuan through its IPO to fund functional material projects [4] Group 4: Upcoming IPOs - Nine companies are scheduled for IPO meetings this week, including Fuen Co. and Shenglong Co. on the Shenzhen Main Board, Shiya Technology on the Sci-Tech Innovation Board, and Sanrui Intelligent, Dapu Micro, and others on the ChiNext and Beijing Stock Exchange [5] - Dapu Micro will be the first unprofitable company to attend an IPO meeting on the ChiNext, focusing on enterprise-level SSD products and aiming to raise 1.878 billion yuan for R&D and production projects [5]

Group 1: Upcoming IPOs - Eight companies are scheduled for initial public offering (IPO) meetings, including Shenglong Co., Vision Technology, Changyu Group, Dapu Micro, Gode Electric Materials, Longyuan Co., and Ying's Holdings, among others [1][2][6] - Vision Technology is set to raise the most funds, with an expected amount of 2.015 billion yuan, aimed at expanding its production line for ultra-high-resolution silicon-based OLED micro-displays and building a research and development center [1][5] - Dapu Micro and Shenglong Co. follow, with planned fundraising amounts of 1.878 billion yuan and 1.530 billion yuan, respectively [1][7] Group 2: Company Profiles - Changyu Group focuses on the research, production, and sales of zirconium products, specialty nylon products, and fine chemical products [2] - Shenglong Co. is a leading large-scale molybdenum company engaged in the comprehensive development and utilization of non-ferrous metal mineral resources, primarily producing, processing, and selling molybdenum-related products [2] - Gode Electric Materials specializes in the research, production, and sales of thermal runaway protection components for new energy vehicle batteries and electrical insulation products [3] - Dapu Micro is involved in the research and sales of enterprise-level SSD products for data centers [4] - Vision Technology is a global leader in micro-display solutions, offering silicon-based OLED micro-displays and value-added services including strategic product development and optical systems [5] - Saiying Electronics focuses on the production and sales of electronic components [6] - Ying's Holdings operates in the mother and baby product sector, focusing on nutritional care for infants and toddlers [6] - Longyuan Co. specializes in the research, production, and sales of precision aluminum alloy die-casting parts [7]

第 779 期 12月18日，深交所上市委公告，将于12月25日审议深圳大普微电子股份有限公司首发事项。这也意味着创业板首家获受理的未盈利企业，将迎来IPO大考。 大普微主要从事数据中心企业级 SSD产品的研发和销售。2022年至2025年上半年累计亏损15.66亿元。 2025-12-19 焦点事件 吴清：持续提高资本市场制度包容性吸引力 12月18日， 证监会主席、中国资本市场学会会长吴清出席中国资本市场学会学术委员会成立会议暨第一届第一次全体委员会议，并主持召开资本市场"十五 五"规划专家座谈会。 会上，大家围绕如何做好资本市场"十五五"规划提出了前瞻性、建设性的意见建议。吴清表示，证监会将深入学习贯彻党的二十届四中全会和中央经济工作 会议精神，扎实推进资本市场"十五五"规划编制和实施，紧扣防风险、强监管、促高质量发展的工作主线，持续深化资本市场投融资综合改革，稳步扩大制 度型高水平对外开放，持续提高资本市场制度包容性吸引力，更好服务经济高质量发展和中国式现代化大局。 美国11月CPI同比增长2.7%，预估为增长3.1%。美国11月核心CPI同比增长2.6%，预估为增长3%。美国上周首次申领失业救济人数 ...

Core Viewpoint - The unprecedented "AI computing power race" is driving a "storage supercycle," significantly boosting demand for enterprise-grade storage hard drives, leading to substantial stock price increases for major data storage companies like Seagate, SanDisk, and Western Digital, which have outperformed the broader market this year [1][2][4]. Group 1: Stock Performance and Market Trends - Seagate and Western Digital's stock prices have surged over 200% this year, reaching historical highs, driven by increased capital expenditures from cloud computing giants for AI data centers [2][8]. - The S&P 500 index has seen Seagate and Western Digital rank as the second and third highest gainers, significantly outperforming other tech giants [7]. - The storage sector index has risen over 11% this year, reaching record highs, indicating strong market sentiment towards storage companies [7][8]. Group 2: AI Infrastructure Investment - Major tech companies, including Alphabet, Microsoft, and Amazon, have announced significant increases in their annual capital expenditure plans for AI infrastructure, with global AI infrastructure spending projected to reach $3-4 trillion by 2030 [2][8]. - The demand for enterprise-grade HDDs and SSDs is expected to grow exponentially due to the increasing AI workloads and data generation from large-scale cloud customers [14][15]. Group 3: Supply and Demand Dynamics - The ongoing expansion of AI computing demand is leading to a tight supply of storage products, with Western Digital and Seagate benefiting from long-term contracts with major clients [4][10]. - The storage chip market is experiencing unprecedented price increases, with analysts predicting that the current "supercycle" could last until 2027 [11][16]. - The shift towards higher-capacity enterprise-grade hard drives is being accelerated by the need to meet the growing storage demands associated with AI applications [10][14]. Group 4: Analyst Ratings and Future Outlook - Analysts from various financial institutions have upgraded their ratings and price targets for Western Digital and Seagate, reflecting strong demand and positive market conditions [15][16]. - The overall sentiment in the market is bullish, with expectations that the storage sector will continue to see growth driven by AI infrastructure investments [9][15].