Core Viewpoint - Recent IPO progress has been observed for several companies from Wuhan, including Juxin Microelectronics, which has submitted its prospectus to the Hong Kong Stock Exchange and is backed by major investors like Xiaomi and Huawei [1][4]. Company Overview - Juxin Microelectronics, founded in January 2016, specializes in intelligent perception, machine vision, and imaging technology solutions, operating under a fabless model. The company has raised over 1.1 billion RMB and has a post-investment valuation of approximately 5.3 billion RMB as of June 2025 [4][7]. - The company has a diverse product matrix covering 11 product lines, with 8 products already commercialized and 3 in the design phase [7]. Financial Performance - Revenue growth has been noted, with figures of 127.4 million RMB in 2022, 242.0 million RMB in 2023, and projected revenues of 666.6 million RMB in 2024 [12][14]. - The net profit has shown improvement, transitioning from a loss of 137.2 million RMB in 2022 to a projected profit of 2.1 million RMB in the first half of 2025 [12][14]. - The gross margin has declined from 27.6% in 2022 to 23.3% in the first half of 2025, primarily due to decreasing average selling prices across product lines [16]. Market Position - Juxin Microelectronics holds significant market shares in various segments, ranking third in the global optical sensor market with an 11.2% share, and also ranks third in the global smart audio amplifier market with an 8.3% share [29]. - The company faces intense competition from domestic and international manufacturers, with a noted decline in average selling prices for its main products [2][29]. Product and Technology - The company’s main revenue source is from intelligent perception products, which accounted for 97.3% of total revenue in 2022, although this percentage is projected to decrease to 78.7% by the first half of 2025 [14]. - The product lines include optical sensing, smart audio, and vibration sensing, with significant shipment volumes reported for each category [8][12]. Research and Development - As of June 2025, Juxin Microelectronics has a research and development team comprising 175 employees, representing 60.1% of the total workforce, with R&D expenditures of approximately 99.7 million RMB in 2022 [18]. Customer Base and Supply Chain - The company’s customer base primarily consists of direct sales clients and distributors in the smartphone and electronic device sectors, with a high concentration of revenue from the top five customers [19][20]. - The procurement strategy relies heavily on a few suppliers, with over 90% of purchases coming from the top five suppliers, indicating potential supply chain risks [18].

全球第三、中国大陆第一的光学传感器龙头已开始冲击资本市场。 武汉聚芯微电子股份有限公司(以下简称"聚芯微")已于9月29日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。 据招股书显示，聚芯微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，其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。 从业绩来看，聚芯微实现了爆发式成长。在2022至2024年，其收入分别约为1.27亿元、2.42亿元、6.67亿元，强劲增长势能凸显;同期的净利润分别约为-1.37 亿、-1.10亿、973.4万，利润端扭亏为盈。 至2025年上半年，聚芯微的收入为4亿元，同比增长53.85%，期内净利润为2071.7万元，同比增长12.39%，依旧保持快速成长势头。 值得注意的是，聚芯微的股东结构中赫然包括了OPPO、华为、小米、字节跳动等知名企业，这表明了其与下游领先消费电子品牌已实现了深度绑定。在亮 眼业绩与多位重磅股东的加持下，聚芯微能否在港股市场"一鸣惊人"? 各产品线出货量位居全球行业前列，十次融资引入多位知名股东 从零起步到成为国内光学传感器的龙头企 ...

智通财经APP观察到，武汉聚芯微电子股份有限公司(以下简称"聚芯微")已于9月29日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。 全球第三、中国大陆第一的光学传感器龙头已开始冲击资本市场。 据招股书显示，聚芯微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，其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。 从业绩来看，聚芯微实现了爆发式成长。在2022至2024年，其收入分别约为1.27亿元、2.42亿元、6.67亿元，强劲增长势能凸显;同期的净利润分别约为-1.37 亿、-1.10亿、973.4万，利润端扭亏为盈。 至2025年上半年，聚芯微的收入为4亿元，同比增长53.85%，期内净利润为2071.7万元，同比增长12.39%，依旧保持快速成长势头。 值得注意的是，聚芯微的股东结构中赫然包括了OPPO、华为、小米、字节跳动等知名企业，这表明了其与下游领先消费电子品牌已实现了深度绑定。在亮 眼业绩与多位重磅股东的加持下，聚芯微能否在港股市场"一鸣惊人"? 各产品线出货量位居全球行业前列，十次融资引入多位知名股东 从零起步到成为 ...

Core Viewpoint - Wuhan Juxin Microelectronics Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange, with Haitong International and CITIC Securities acting as joint sponsors [1][3]. Company Overview - Juxin Microelectronics is a leading provider of intelligent perception, machine vision, and imaging technology solutions, focusing on the integration of high-performance mixed-signal chips and optimized algorithms to empower smart devices [3][4]. - The company's technology centers around three core areas: intelligent perception, machine vision, and imaging technology, providing critical drivers for high-growth scenarios such as robotics, IoT, mobile smart devices, digital twins, and automotive electronics [3][4]. Product Development - Juxin Microelectronics has developed a comprehensive range of intelligent perception products that integrate optical sensing, smart audio, and vibration sensing technologies with proprietary intelligent algorithms [4][6]. - The intelligent perception solutions aim to enhance human-machine interaction by achieving low-power, low-latency, and privacy-protecting interactions between sensors and actuators [4][6]. Machine Vision Solutions - The company offers extensive machine vision solutions that enable smart devices to have spatial perception and visual understanding capabilities, utilizing active optical detection and multispectral sensing technologies [6]. - Key products include 3D iToF and 3D dToF image sensors, which allow users to perceive three-dimensional image information and obtain depth data of objects, showcasing the company's leadership in the field [6]. Financial Performance - For the fiscal years 2022, 2023, and projected figures for 2024 and 2025, Juxin Microelectronics reported revenues of approximately RMB 127.4 million, RMB 242.0 million, RMB 666.6 million, and RMB 400.2 million respectively [7]. - The company experienced net losses of approximately RMB 137.2 million in 2022, RMB 110.1 million in 2023, but is projected to achieve a profit of RMB 9.7 million in 2024 and RMB 20.7 million in 2025 [7].

Core Viewpoint - Wuhan Juxin Microelectronics Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange, with Haitong International and CITIC Securities as joint sponsors [1][3]. Company Overview - Juxin Microelectronics is a leading provider of intelligent perception, machine vision, and imaging technology solutions, focusing on high-performance mixed-signal chips and optimized algorithms to empower smart devices [3][4]. - The company aims to enhance interaction efficiency and imaging experience across high-growth scenarios such as robotics, IoT, mobile smart devices, digital twins, and automotive electronics [3][4]. Product Development - Juxin Microelectronics has developed a comprehensive range of intelligent perception products that integrate optical sensing, smart audio, and vibration sensing technologies with proprietary algorithms [4]. - The company's solutions aim to improve human-machine interaction through low-power, low-latency, and privacy-protecting interactions [4]. Machine Vision Solutions - The company offers extensive machine vision solutions that enable smart devices to have spatial awareness and visual understanding capabilities [6]. - Key products include 3D iToF and 3D dToF image sensors, which allow users to perceive three-dimensional image information and obtain depth data [6]. Financial Performance - For the fiscal years 2022, 2023, and projected figures for 2024 and 2025, Juxin Microelectronics reported revenues of approximately CNY 127.4 million, CNY 242.0 million, and CNY 666.6 million, respectively [6][7]. - The company experienced net losses of approximately CNY 137.3 million in 2022, CNY 110.1 million in 2023, and is projected to achieve a profit of CNY 9.7 million in 2024 [6][7].

Core Viewpoint - Wuhan Juxin Microelectronics Co., Ltd. has completed a D++ round of financing with undisclosed amounts, attracting investments from various institutions including OPPO and several venture capital firms [1][2]. Financing Details - The financing round is categorized as D++ and includes multiple investors such as OPPO, Zhongwang Investment, and others, although specific transaction amounts remain undisclosed [1][2]. - Previous financing rounds include D+ round on February 27, 2024, and D round on January 23, 2022, with the latter raising hundreds of millions of RMB [2]. Company Overview - Wuhan Juxin Microelectronics is an innovative high-tech company focused on high-performance analog and mixed-signal chip design [2][3]. - The company has two main product lines: 3D optics and smart audio, with its smart audio amplifier recognized for its differentiated products and excellent cost-performance ratio [3]. Product Applications - The Time-of-Flight (ToF) sensor, utilizing leading back-illuminated (BSI) technology, offers high precision, small pixel size, high resolution, low power consumption, and full integration [3]. - The sensor is applicable in various fields such as artificial intelligence, facial recognition, autonomous driving, AR/VR, 3D modeling, motion capture, and machine vision, indicating a promising commercial outlook in mainstream markets like mobile phones, security, and automotive [3].