深圳商报·读创客户端记者 李薇 本次，证监会要求该公司补充具体业务模式、近三年技术出口业务开展情况及合规性，境外子公司涉及 的境外投资、外汇管理等监管程序履行情况，并出具合规性结论。 股权与激励方案是否存利益输送 该公司还需说明新增股东入股价格合理性及差异原因，是否存在利益输送；已实施的股权激励方案需披 露人员构成、价格公允性及合规性，是否存在关联关系或利益输送。 2025年10月，武汉聚芯向港交所递交招股书，启动港股IPO流程。 据招股书，武汉聚芯主要通过提供智能感知、机器视觉和影像技术产品实现收入，受下游行业需求增加 等因素的影响，近几年该公司的收入也有所增长。 2022年、2023年、2024年和2025年1-6月（报告期），公司的收入分别为1.27亿元、2.42亿元、6.67亿 元、4亿元；净利润分别为-1.37亿元、-1.1亿元、973万元、2072万元。 虽然2024年该公司净利润由负转正，但2023年公司毛利率下滑至23.6%，主要产品售价呈下降趋势。 业务模式与合规性需说明 武汉聚芯微电子股份有限公司（以下简称："武汉聚芯"）近期因港股IPO申请被中国证监会要求补充材 料，监管关注的问题涉及业 ...

二、请公司补充说明具体业务模式。 三、请公司补充说明境外子公司涉及的境外投资、外汇管理等监管程序具体履行情况，并就合规性出具 结论性意见。 四、请公司补充说明最近12个月内新增股东入股价格的合理性，该等入股价格之间存在差异的原因，并 就是否存在利益输送出具明确结论性意见。 五、请公司补充说明已实施的股权激励方案合规性，包括具体人员构成及任职情况，参与人员与发行人 其他股东、董事、监事、高级管理人员是否存在关联关系，以及价格公允性、协议约定情况、履行决策 程序情况、规范运行情况，并就其是否合法合规、是否存在利益输送出具明确结论性意见。 11月21日，中国证监会公布《境外发行上市备案补充材料要求(2025年11月17日—2025年11月21日)》。 中国证监会国际司公示7家企业补充材料要求，其中，公示提到要求聚芯微电子补充说明具体业务模式 等。据港交所9月29日披露，武汉聚芯微电子股份有限公司(简称：聚芯微电子)向港交所主板提交上市 申请书，海通国际和中信证券为联席保荐人。 六、请公司补充说明本次拟参与"全流通"的股东所持股份是否存在被质押、冻结或其他权利瑕疵的情 形。 中国证监会请聚芯微电子补充说明以下事项，请 ...

智通财经APP获悉，11月21日，中国证监会公布《境外发行上市备案补充材料要求(2025年11月17日— 2025年11月21日)》。中国证监会国际司公示7家企业补充材料要求，其中，公示提到要求聚芯微电子补 充说明具体业务模式等。据港交所9月29日披露，武汉聚芯微电子股份有限公司(简称：聚芯微电子)向 港交所主板提交上市申请书，海通国际和中信证券为联席保荐人。 中国证监会请聚芯微电子补充说明以下事项，请律师核查并出具明确的法律意见： 招股书显示，聚芯微电子是行业领先的智能感知、机器视觉及影像技术解决方案提供商，致力于通过高 性能数模混合信号芯片与优化算法的深度融合，赋能智能设备实现精准感知、卓越影像与智能化升级。 公司的技术围绕智能感知、机器视觉、影像技术三大核心领域，为机器人、物联网、移动智能设备、数 字孪生及汽车电子等高增长场景提供关键驱动力，显着提升交互效率与影像体验。依托领先的智能感知 技术平台，并结合创新的精密驱动技术，公司的解决方案构建了"感知 - 决策 - 执行"闭环的核心能力。 通过多模态传感融合与精准驱动的深度协同，公司致力于赋能智能设备突破复杂环境的感知极限，成为 智能设备创新先锋，引领感 ...

Core Insights - Changshu City hosted the Global Partners Action Promotion Conference for the automotive electronics industry, gathering industry leaders and experts to discuss future development [1] Industry Overview - Changshu is one of the earliest cities in the Yangtze River Delta to develop the automotive industry, with a total industry scale exceeding 160 billion yuan and over 500 upstream and downstream enterprises [1] - The automotive electronics sector, crucial for new energy vehicles, has been a key focus for Changshu, with nearly 100 related companies and an annual output value exceeding 60 billion yuan [1] - The automotive electronics industry in Changshu has formed a comprehensive ecosystem based on "power electronics, chassis electronics, and body electronics," with core areas including "safety comfort, infotainment, and intelligent driving" [1] Investment and Development - The conference showcased an innovation ecosystem and investment heat map for Changshu's automotive electronics industry, highlighting its location advantages, innovation resources, and investment priorities [1] - A total of 15 key automotive electronics projects were signed at the event, with a total investment of 3.9 billion yuan [1] - In 2023, Changshu has signed 59 projects related to the automotive electronics industry, with a total investment exceeding 15 billion yuan, covering core areas such as intelligent perception, smart cockpits, and domain controllers [1]

Core Insights - The company reported a significant increase in revenue for the first half of the year, achieving 76.65 million yuan, which is a 112.60% increase compared to the same period last year [1] - Despite a total profit loss of 11.80 million yuan, the losses have narrowed compared to the previous year, indicating improved financial performance [1] - The company is focusing on the development of its core business in the "smart perception + robotics" equipment sector, aligning with the trends in artificial intelligence [1] Business Development - The company has successfully completed procurement, production, and delivery of projects as per contract requirements for the first half of the year [2] - Ongoing projects include the construction of a special robot production line and the establishment of an intelligent equipment industrial base in Beijing, with procurement and installation of production and testing equipment underway [2]

Core Viewpoint - Beijing Jingpin Special Equipment Technology Co., Ltd. is committed to enhancing operational efficiency and shareholder returns, focusing on its core business in the "intelligent perception + robotics" sector, and has outlined a clear action plan for 2025 to achieve these goals [1][2]. Group 1: Business Performance - In the first half of 2025, the company achieved operating revenue of 76.65 million yuan, a year-on-year increase of 112.60% [1]. - The total profit amounted to -11.80 million yuan, with losses significantly narrowing compared to the same period last year [1]. - The net profit attributable to shareholders was -7.55 million yuan, showing a substantial reduction in losses compared to the previous year [1]. Group 2: Research and Development - The company increased its R&D investment to 24.95 million yuan in the first half of 2025, reflecting a steady growth compared to the previous year [2]. - A specific robotics project received the National Defense Science and Technology Progress Award, enhancing the company's position and influence in the special robotics industry [2]. Group 3: Shareholder Returns - The company actively repurchased shares, acquiring 1,523,639 shares, representing 2.01% of the total share capital, with a total expenditure of approximately 66.53 million yuan [2]. - The company has completed its previous share repurchase plan and initiated a new round of repurchases in June 2025 [2]. Group 4: Corporate Governance - The company has restructured its governance by abolishing the supervisory board and transferring its responsibilities to the audit committee of the board [3]. - A total of two audit committee meetings and one remuneration and assessment committee meeting were held in the first half of 2025 to enhance governance capabilities [3]. Group 5: Fund Utilization and Investor Relations - The company is accelerating the implementation of fundraising projects, aiming for early production and expected benefits [3]. - The company emphasizes high-quality information disclosure and maintains regular communication with investors through various channels [4].

Core Viewpoint - The company, Yong'an Xing Technology Co., Ltd., is facing significant challenges in its core public bicycle and shared mobility business, with declining revenues and increasing losses due to market competition and government financial constraints [1][2][4]. Business Overview - The company primarily operates in the shared mobility sector, focusing on public bicycles, shared electric bicycles, and hydrogen energy products, leveraging IoT and cloud data technologies [5][12]. - The public bicycle business has seen a reduction in both the number of cities served and membership, with a decrease of approximately 20 cities and 8 million members compared to the previous year [7][9]. - The company has launched hydrogen energy bicycles and related products, with significant growth in revenue from this segment, particularly after acquiring Zhejiang Kaibo [13][14]. Financial Performance - The company reported a continuous decline in revenue and gross margin across its core business segments, with total revenue dropping from 6.78 billion yuan in 2022 to 4.58 billion yuan in 2024 [6][10]. - The gross margin for the public bicycle business has turned negative, reflecting the impact of increased operational costs and reduced demand [6][9]. - The hydrogen energy product segment has shown substantial growth, with sales revenue reaching 9.1 million yuan in 2023, a significant increase from the previous year [13][14]. Market Environment - The shared mobility industry is experiencing intense competition, particularly from dockless bike-sharing services, which have pressured traditional public bicycle systems [4][6]. - Government financial constraints are impacting the renewal of contracts for public bicycle services, leading to a decline in operational projects [4][7]. - The hydrogen energy market is still in its early stages, with challenges in market penetration and sales channel development [4][6]. Operational Challenges - The company faces uncertainties in accounts receivable collection, with a significant amount of receivables still outstanding, leading to increased provisions for bad debts [2][4]. - The transition to hydrogen energy products has not yet fully compensated for the losses in the traditional public bicycle business, and the company is exploring new markets and product lines to stabilize revenue [12][13]. - The operational model for public bicycle services relies heavily on government contracts, which are becoming increasingly difficult to secure due to budget constraints [18].