1月15日，证监会网站披露，江苏长晶科技股份有限公司（以下简称"长晶科技"）已向江苏证监局办理辅导备案登记，辅导机构为华 泰联合证券。 | | | 公开发行辅导公示 | 辅导对象 | 辅导机构 | 备案时间 | 辅导状态 | 派出机构 | 报告类型 | 报告标题 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | - | 北京 | 天津 | 江苏长晶科技股份有限公司 | 华泰联合证券有限责任公司 | 2026-01-15 | 辅导备案 | 江苏证监局 | 辅导备案报告 | 关于江苏长晶科技 ... | | - | 河北 | HI 山西 | 江苏保时龙科技股份有限公司 东吴证券股份有限公司 | | 2026-01-15 辅导备案 | | 江苏证监局 | 辅导备案报告 | 关于江苏保时龙科 ... | | = | 内蒙古 | 辽宁 | 中煤（北京）环保股份有限公 | | | | | | 关于中煤(北京) ... | | - | 吉林 | 黑龙江 | 司 | 天风证券股份有限公司 | 2026-01-15 辅导备案 | | 北京证监局 ...

Core Viewpoint - Jiangsu Changjing Technology Co., Ltd. has initiated a counseling registration with the Jiangsu Securities Regulatory Bureau, aiming to restart its IPO process after previously withdrawing its application due to industry cycles and equity structure optimization [1][8]. Company Development - Changjing Technology was established in 2007 as a subsidiary of Changdian Technology, initially focusing on discrete device sales [1]. - The company restructured in November 2018 and is headquartered in Nanjing, Jiangsu [2]. - It operates under a dual model of Fabless and IDM (Integrated Device Manufacturer), having built a complete industrial chain through acquisitions and self-built production lines [2][4]. Business Model and Product Development - The company has evolved through various stages, starting with discrete devices and power management ICs, and has expanded its product offerings to include SGT MOSFETs, DC-DC converters, and SiC Schottky diodes [3][6]. - The revenue from discrete devices and power management ICs saw a decline in 2022, while wafer revenue increased significantly due to the acquisition of Xunshun Microelectronics [6][7]. Financial Performance - From 2020 to 2022, the company's revenue was 1.339 billion, 1.902 billion, and 1.884 billion CNY, with net profits of 66 million, 244 million, and 127 million CNY respectively [6][7]. - The company’s revenue in 2022 was affected by a downturn in consumer electronics demand, leading to a temporary halt in its IPO plans [6][8]. Market Outlook - The Chinese power semiconductor industry is expected to maintain a growth rate of around 20% from Q3 2024 to Q3 2025, with Changjing Technology poised to capitalize on this recovery [8]. - The company has launched over 3,500 automotive-grade products, all certified by AEC-Q, and is expanding its presence in the automotive electronics market [8].