2026年开年，深圳硬科技企业嘉立创的两大动作引发行业关注：一方面，其在深交所的IPO审核状态从"中止"恢复 为"已问询"，更新后的招股书披露2025年上半年实现营业收入46.79亿元，同比增长25.95%；净利润5.9亿元，同比 增长23.5%，业绩增长态势稳健；另一方面，与之同步引发市场关注的，是嘉立创宣布自主研发的ECAD（电气设 计软件）标准版"永久免费"，这一看似有悖常规商业逻辑的举措，在硬件设计与制造领域掀起波澜。 从华强北的"一米柜台"起步，到如今布局总面积近1800亩的五大自营现代化数字生产基地，嘉立创的成长轨迹是 中国硬件创新生态发展的缩影。招股书数据显示，截至2025年上半年末，嘉立创在线自助下单网站注册用户达 822.5万，较2024年底新增110.61万；处理订单数量超950万单，同比增长15.85%。其服务的全球客户覆盖180多个 国家和地区，广泛分布于人工智能、半导体芯片、新能源汽车、航空航天等战略性新兴产业。 不过，市场对这一策略的可持续性存在疑问。有观点认为，免费软件和打样服务将增加企业成本，可能对盈利水 平造成压力。对此，嘉立创方面表示，软件免费并非最终目的，而是连接用户、沉 ...

Core Viewpoint - The company, Jialichuang, is navigating a complex landscape by resuming its IPO process while simultaneously launching a "perpetually free" version of its self-developed ECAD software, indicating a strategic shift in hardware innovation logic [1][12]. Financial Performance - Jialichuang's IPO status has transitioned from "suspended" to "inquiry," with updated financials showing a revenue of 4.679 billion yuan and a net profit of approximately 590 million yuan for the first half of 2025, reflecting a year-on-year growth of 25.95% and 23.5% respectively [1][3]. Business Model and Strategy - The decision to offer the ECAD software for free is part of a broader strategy to build a comprehensive ecosystem that connects design tools to manufacturing, aiming to reduce barriers for engineers and foster innovation [2][6][9]. - Jialichuang's unique "拼板制造" (panel manufacturing) model has significantly lowered the cost of single prototype production from thousands to tens of yuan, while also reducing delivery times to as fast as 12 hours [3][9]. User Engagement and Ecosystem Development - The company serves over 8.2 million users across more than 180 countries, with a focus on strategic emerging industries such as AI, semiconductors, and renewable energy [4][10]. - The free software strategy is designed to cultivate user habits and create a data-driven ecosystem, enhancing user engagement and retention [7][8][10]. Innovation and Feedback Loop - Jialichuang's approach integrates a feedback loop where manufacturing data informs design processes, optimizing product quality and reducing rework [9][11]. - The company has developed a suite of industrial software that facilitates real-time feedback during the design phase, thereby enhancing efficiency and quality [9][11]. Long-term Vision - Jialichuang aims to position itself as a foundational infrastructure provider for hardware innovation, reducing costs and barriers for engineers, and fostering a culture of creativity and innovation [11][12].