Group 1 - The company, Fortior, is planning to conduct an initial public offering (IPO) from June 30 to July 4, 2025, with a global offering of 16.2995 million H-shares, where 10% will be offered in Hong Kong and 90% internationally, with a maximum offer price of HKD 120.50 per share [1] - Fortior is a chip design company specializing in the design and development of BLDC (Brushless Direct Current) motor drive control chips, establishing a strong market position in the industry [1] - According to Frost & Sullivan, BLDC motors are widely used due to their high efficiency, low power consumption, high control precision, and low noise compared to traditional motors [1] Group 2 - As of December 31, 2023, Fortior holds a 4.8% market share in China's BLDC motor control and drive chip market, ranking sixth and being the only Chinese company among the top ten players [2] - The company's revenue increased from RMB 323 million in 2022 to RMB 411 million in 2023, representing a growth of 27.4%, and is projected to further increase to RMB 600 million in 2024, a growth of 45.9% [2] - Fortior's gross profit rose from RMB 185 million in 2022 to RMB 219 million in 2023, an increase of 18.1%, and is expected to reach RMB 316 million in 2024, a growth of 44.5% [2] Group 3 - Assuming the maximum offer price of HKD 120.50 per share, the estimated net proceeds from the global offering will be approximately HKD 1.846 billion [3] - The company plans to allocate the net proceeds as follows: approximately 34% for enhancing R&D and innovation capabilities, 10% for expanding the product portfolio, 16% for expanding overseas sales networks, 30% for strategic investments or acquisitions, and 10% for working capital and general corporate purposes [3] - Fortior has entered into cornerstone investment agreements with investors such as Taikang Life, Baoyin, and 3WFund, committing to subscribe for shares totaling USD 112 million [3]