香港聯合交易所有限公司與證券及期貨事務監察委員會對本聆訊後資料集的內容概不負責，對其準確性或 完整性亦不作任何陳述，並明確表示對因本聆訊後資料集的全部或任何部分內容而引致或因依賴本聆訊後 資料集的全部或任何部分內容而引致的任何損失不負任何責任。 GigaDevice Semiconductor Inc. 兆易創新科技集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 的聆訊後資料集 警告 本聆訊後資料集乃根據香港聯合交易所有限公司（「聯交所」）與證券及期貨事務監察委員會（「證監會」）的 要求而刊發，僅用作提供資訊予香港公眾人士。 本聆訊後資料集為草擬本，其所載資料並不完整，亦可能會作出重大變動。 閣下閱覽本文件，即代 表 閣下知悉、接納並向本公司、其聯席保薦人、整體協調人、顧問或包銷團成員表示同意： 本公司招股章程根據香港法例第32章公司（清盤及雜項條文）條例呈交香港公司註冊處處長註冊前，本公 司不會向香港公眾人士提出要約或邀請。倘於適當時候向香港公眾人士提出要約或邀請，有意投資者務請 僅依據呈交香港公司註冊處處長註冊的本公司招股章程作出投資決定；招股章程的文本將於發售期內向公 眾派發。 (a) 本 ...

Core Viewpoint - Zhaoyi Innovation has passed the listing hearing on the Hong Kong Stock Exchange, with CICC and Huatai International as joint sponsors [1] Company Overview - Zhaoyi Innovation is a diversified integrated circuit design company that provides a variety of chip products including Flash, niche DRAM, microcontrollers, analog chips, and sensor chips for various applications such as consumer electronics, automotive, industrial automation, energy storage, battery management, personal computers, servers, IoT, and network communication [4] - The company operates on a fabless business model, focusing on design and R&D while outsourcing manufacturing to external foundries and semiconductor assembly and testing partners [4] - Established in 2005, Zhaoyi Innovation has become a well-known enterprise in the specialized storage chip and MCU sectors in mainland China, building a globally influential brand [4] Market Position - According to Frost & Sullivan, Zhaoyi Innovation ranks second globally and first in mainland China in NOR Flash with a market share of 18.5% as of 2024 sales [5] - The company ranks sixth globally and first in mainland China in single-level NAND Flash with a market share of 2.2% [5] - In niche DRAM, it ranks seventh globally and second in mainland China with a market share of 1.7% [5] - Zhaoyi Innovation is eighth globally and first in mainland China in MCU with a market share of 1.2% [5] - The company is the second largest in fingerprint sensor chips in mainland China, holding approximately 10% market share [5] Industry Trends - The edge AI sector is rapidly developing, with 2025 expected to mark a significant breakthrough in edge computing capabilities [6] - This transformation is expanding the application boundaries of AI, presenting new opportunities for companies within the industry [6] Financial Performance - Revenue for the fiscal years 2022, 2023, 2024, and the six months ending June 30, 2025, is approximately RMB 81.3 billion, RMB 57.61 billion, RMB 73.56 billion, and RMB 41.5 billion respectively [6] - Profit for the same periods is RMB 20.53 billion, RMB 1.61 billion, RMB 11.01 billion, and RMB 5.88 billion respectively [6] - Detailed financial data shows a decline in gross margin from 45.5% in 2022 to 30.39% in 2023, with a recovery to 35.7% in 2024 [7] - Operating profit margins have also decreased from 28.0% in 2022 to 2.4% in 2023, with a forecasted recovery to 15.6% in 2024 [7]