Core Viewpoint - InnoScience (02577.HK) plans to raise funds through a placement of new H-shares, with a total expected amount of HKD 1.56 billion, aimed at capacity expansion, debt repayment, and working capital [1][2]. Fund Allocation - Approximately 31% of the funds (HKD 482 million, about RMB 442 million) will be used for capacity expansion and product upgrades to meet the growing demand in the GaN power device market [1][2]. - About 24% of the funds (HKD 376 million, about RMB 344 million) will be allocated to repay interest-bearing debts, optimizing the capital structure and reducing financial risk [2]. - Approximately 45% of the funds (HKD 691 million, about RMB 633 million) will be used for working capital and general corporate purposes, including human resources expenses and potential investments [2]. Company Overview - InnoScience, established in 2017, focuses on the research and manufacturing of third-generation semiconductor GaN chips, with a market share of 42.4% in the global GaN power semiconductor sector [2]. - The company is the first globally to achieve mass production of 8-inch silicon-based GaN wafers, significantly improving yield and reducing costs compared to 6-inch wafers [2]. Industry Outlook - The GaN power semiconductor market is expected to grow rapidly, reaching a market size of RMB 50.1 billion by 2028, accounting for 10.1% of the global power semiconductor market [3]. - GaN technology offers advantages over traditional silicon materials, making it suitable for applications in electric vehicles, data centers, and photovoltaic power stations [3].

以下文章来源于天天IPO ，作者王露 陈晓 天天IPO . 投资界（PEdaily.cn）旗下，专注IPO动态 苏州产业缩影。 作者 I 王露 陈晓 报道 I 投资界-天天IPO 20 24即将过去，苏州迎来一个超级IPO。 投资界-天天IPO获悉，今天（12月30日），英诺赛科正式登陆港交所。此次发行价为 30 . 86港元/股，开盘后市值一度涨至约300亿港元。 公司背后是一位女博士，骆薇薇。201 7年，英诺赛科成立，她带队攻克鲜少有人敢尝试 的8英寸硅基氮化镓工艺技术。七年过去，英诺赛科已坐拥全球最大的8英寸硅基氮化镓 晶圆制造厂。至今，骆薇薇集结一支长长的投资人队伍，就连曾毓群也出现在招股书 里。 放眼望去，这是苏州硬核产业崛起的一缕缩影，"江南水乡"正在揭开另一层面纱。 女博士带队 苏州诞生一个超级IPO 英诺赛科的故事始于一位女科学家。 骆薇薇，新西兰梅西大学应用数学博士，1999年加入美国宇航局（NASA）旗下研究 院，花了15年从高级项目经理做到首席科学家。骆薇薇曾表示，正是这一段科研经历给 了她日后创业的勇气。 20 15年，骆薇薇看到第三代半导体的崛起，以及对于打造中国芯的热忱，她决定回 ...