Group 1 - The company plans to conduct an initial public offering (IPO) of H-shares and list on the Hong Kong Stock Exchange to enhance its international strategy and improve overseas financing and operational capabilities [1] - The board of directors approved key proposals related to the H-share IPO on November 21, 2025, indicating a strategic move towards internationalization [1] - The main objective of the H-share issuance is to attract and retain talent, thereby enhancing the company's overall competitive strength [1] Group 2 - The company is a major player in the domestic signal chain chip industry, focusing on the research and sales of high-speed mixed-signal chips [2] - Its product line includes high-definition video bridging and processing chips, as well as high-speed signal transmission chips, which are essential for video signal processing and transmission [2] - Revenue growth from 2019 to 2024 shows a compound annual growth rate (CAGR) of 34.84%, with total revenue increasing from 105 million to 466 million yuan, and a year-on-year growth of 11.35% in the first half of 2025 [2]

Core Viewpoint - Longxin Co., Ltd. is planning to issue H-shares and apply for listing on the Hong Kong Stock Exchange to enhance its international strategy and operational capabilities [2]. Group 1: Company Strategy - The company is focusing on international industrial layout as a significant direction for its development [2]. - Longxin Co. aims to deepen its international strategy, attract talent, and enhance its overall competitive strength through the H-share listing [2]. Group 2: Financial Performance - In the first half of 2025, Longxin Co. achieved total revenue of 247 million yuan, representing a year-on-year growth of 11.35% [4]. - The net profit attributable to the parent company was 71.52 million yuan, with a year-on-year increase of 15.16% [4]. - The company increased its R&D investment to 57.06 million yuan, a year-on-year growth of 22.87%, accounting for 23.1% of its total revenue [4]. Group 3: Recent Developments - Longxin Co. was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board in February 2023, raising a total of 1.03 billion yuan for various projects [4].