连年亏损，经营现金流持续净流出，国内领先的GNSS芯片及模块供应商，华大北斗二次递表赴港上市。 了解到， 近日华大北斗第二次向港交所主板提交上市申请，招银国际、平安证券(香港)为其联席保荐人。该公司提供GNSS芯片及模组产品， 根据灼识咨询资料，2024年，以出货量计，公司在全球GNSS芯片及模组市场排名第六，市场份额为4.8%；以收入计，公司排名全球第八。 华大北斗业绩收入呈现波动性，但近两年保持高增长态势，2025年上半年收入为4.03亿元，同比增长20.2%，不过目前仍处于连年亏损状态， 2022年至2025年上半年净亏损分别为0.93亿元、2.89亿元、1.37亿元及0.69亿元，累计净亏损5.88亿元。而由于亏损账上现金等价物不断消耗， 期间由8.3亿元降至2.44亿元。 此外，该公司自2019年至2022年，从A轮融资到C2轮融资共9轮融资，机构进场每股成本从1.64亿元提升至5.09元，升值了2.1倍，显然，该公 司坚决上市一方面或为业绩亏损补血，提供持续发展的动能；另一方面也为早期投入的投资者提供退出渠道，同时吸引更多的基石投资者进 场，完善股东结构。 那么，连年亏损的华大北斗基本面如何，是否 ...

连年亏损，经营现金流持续净流出，国内领先的GNSS芯片及模块供应商，华大北斗二次递表赴港上市。 智通财经APP了解到， 近日华大北斗第二次向港交所主板提交上市申请，招银国际、平安证券(香港)为其联席保荐人。该公司提供GNSS芯片 及模组产品，根据灼识咨询资料，2024年，以出货量计，公司在全球GNSS芯片及模组市场排名第六，市场份额为4.8%；以收入计，公司排名 全球第八。 华大北斗业绩收入呈现波动性，但近两年保持高增长态势，2025年上半年收入为4.03亿元，同比增长20.2%，不过目前仍处于连年亏损状态， 2022年至2025年上半年净亏损分别为0.93亿元、2.89亿元、1.37亿元及0.69亿元，累计净亏损5.88亿元。而由于亏损账上现金等价物不断消耗， 期间由8.3亿元降至2.44亿元。 图片来源：公司聆讯资料 从客户角度看，华大北斗各业务新增客户数量均呈现放缓趋势，不过就客均收入来说，2022年至2025年上半年，除了GNSS相关解决方案下滑 外，基本都实现了大幅增长，其中GNSS芯片及模块从110.6万元增至229.7万元，综合芯片及模块从400.4万元增至487.7万元，分别增长了 107.7 ...

招股书显示，华大北斗是一家空间定位服务提供商，提供支持北斗及全球主要GNSS系统的导航定位芯 片和模块，同时提供GNSS相关解决方案。2024年，以出货量计，公司在全球GNSS芯片及模组市场排 名第六，市场份额为4.8%。2024年，以收入计，公司排名全球第八，并在GNSS芯片及模组市场的中国 内地企业中排名第三，市场份额约为1.1%。GNSS芯片及模组子市场约占整体GNSS空间定位服务市场 的收入的2.1%。 华大北斗向港交所主板提交上市申请，招银国际、平安证券(香港)为其联席保荐人。 ...

| 编纂 项下的 编纂 数目 | " | [编纂]股H股(視乎[编纂]奥否而定) | | --- | --- | --- | | [编纂]數目 | " | [编纂]股H股(可于 编纂]) | | [编纂 数目 | " | [编纂]股H股(可于编纂]及祝平 编纂 奥否而定) | | 故尚编纂 | " | 每股H股[编纂]加1.0%經紀佣金、0.0027%證監會交易禮 | | | | 費、0.00565%聯交所交易費及0.00015% 會財局交易檔 | | | | 費(須於申請時以港元繳足,多繳股款可予退還) | | 血值 | : | 每股H股人民幣1.00元 | | 【编纂 : | | 【消毒】 | 2025年12月19日，来自广东深圳龙岗区的 深圳华大北斗科技股份有限公司Allystar Technology (Shenzhen) Co., Ltd. (简称"华大北斗")在港 交所递交招股书，拟在香港主板挂牌上市。这是继其于2025年6月12日递表失效后的再一次申请。 华大北斗招股书链接： 主要业务 华大北斗，作为中国知名的空间定位服务提供商，提供支持北斗及全球主 要GNSS系统的导航定位芯片和模块，同时提供 ...

本文源自：智通财经网 智通财经获悉，据港交所12月19日披露，深圳华大北斗科技股份有限公司(简称：华大北斗)向港交所主 板提交上市申请，招银国际、平安证券(香港)为其联席保荐人。招股书显示，华大北斗是一家空间定位 服务提供商，提供支持北斗及全球主要GNSS系统的导航定位芯片和模块，同时提供GNSS相关解决方 案。根据灼识谘询资料，2024年，以出货量计，公司在全球GNSS芯片及模组市场排名第六，市场份额 为4.8%。根据灼识咨询资料，2024年，以收入计，公司排名全球第八，并在GNSS芯片及模组市场的中 国内地企业中排名第三，市场份额约为1.1%。GNSS芯片及模组子市场约占整体GNSS空间定位服务市 场的收入的2.1%。 ...

| [编纂]項下的[编纂]數目 | : | [编纂]股H股(視乎[编纂]與否而定) | | --- | --- | --- | | [编纂]數目 | : | [编纂]股H股(可予隔纂]) | | [编纂]數目 | : | 「編纂]股H股(可予[編纂]及視乎[編纂]與否而定) | | 成高 编纂] | … | 每股H股[編纂]加1.0％經紀佣金、0.0027％證監會交易 | | | | 費、0.00565%聯交所交易費及0.00015%會財局交易 | | | | 費(須於申請時以港元繳足,多繳股款可予退還) | | 画值 | : | 每股H股人民幣1.00元 | | [编纂] : | | [編纂] | 智通财经APP获悉，据港交所12月19日披露，深圳华大北斗科技股份有限公司(简称：华大北斗)向港交所主板提交上市申请，招银国际、平安证券(香港)为 其联席保荐人。招股书显示，华大北斗是一家空间定位服务提供商，提供支持北斗及全球主要GNSS系统的导航定位芯片和模块，同时提供GNSS相关解决 方案。根据灼识谘询资料，2024年，以出货量计，公司在全球GNSS芯片及模组市场排名第六，市场份额为4.8%。根据灼识咨询资料 ...

| 11/06/2025 | 深圳幕大北斗科技股份有限公司 | 失效 | | --- | --- | --- | | | 25/06/2025 醫體協調人公告 - 委任(經修訂) [co | | | | 11/06/2025 申請版本(第一次呈交)全文檔案 ■ 多醫系 > | | | | 前提交文件: | | | | 12/06/2025 整體協調人公告 - 委任 回國 | | 智通财经APP获悉，深圳华大北斗科技股份有限公司(简称：华大北斗)6月11日所递交的港股招股书满6 个月，于12月11日失效，递表时招银国际、平安证券(香港)为其联席保荐人。 据此前招股书，华大北斗为中国领先的空间定位服务提供商，由北斗卫星导航系统赋能。公司的总部位 于中国深圳，在导航定位芯片设计领域处于国内领先地位，提供支持北斗及全球主要GNSS系统的导航 定位芯片和模组，同时提供GNSS相关解决方案。在芯片级双频高精度定位技术、低功耗技术、高集成 度一体化SoC设计技术等方面具备显着领先优势。 ...

Core Viewpoint - Shenzhen Huada Beidou Technology Co., Ltd. has submitted its prospectus to the Hong Kong Stock Exchange, positioning itself as a leading provider of space positioning services in China, particularly in the design of navigation positioning chips [1][3]. Group 1: Company Overview - Huada Beidou is a leading provider of GNSS (Global Navigation Satellite System) navigation positioning chips and modules, with significant advantages in dual-frequency high-precision positioning technology, low power consumption, and high integration SoC design technology [3]. - The company is the sixth largest GNSS space positioning service provider globally, with a market share of 4.8%, and is the fourth largest in terms of dual-frequency high-precision RF baseband integrated GNSS chips and modules [3]. Group 2: Product and Market Position - Huada Beidou's core products include standard and high-precision chips for consumer applications, high-precision chips for automotive and specialized applications, and Beidou short message satellite communication chips for consumer electronics and industry applications [3]. - The company holds a dominant position in the shared bicycle sector, with GNSS chip sales exceeding 15 million units, accounting for over 90% of the high-precision shared bicycle market [4]. Group 3: Financial Performance - The company has not yet achieved profitability, with reported losses of 92.61 million RMB, 289.16 million RMB, and 141.27 million RMB for the years 2022 to 2024, respectively [5][8]. - Revenue figures for the same period are 697.997 million RMB, 645.136 million RMB, and 840.286 million RMB, with a declining gross margin from 12% in 2022 to 9.8% in 2024 [6][7]. - Research and development expenses have increased, totaling 1.03 billion RMB, 1.1 billion RMB, and 1.18 billion RMB from 2022 to 2024, contributing to the company's losses [8].

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued supplementary material requirements for seven companies, including Huada Beidou, regarding their overseas listing applications, highlighting specific areas that need clarification and legal opinions [1][2][3] Group 1: Company Overview - Huada Beidou Technology Co., Ltd. is a leading provider of spatial positioning services in China, empowered by the BeiDou satellite navigation system [3] - The company is headquartered in Shenzhen, China, and is a domestic leader in navigation positioning chip design, offering navigation positioning chips and modules that support BeiDou and major global GNSS systems [3] Group 2: Business Operations - The company's business scope includes the development and sales of navigation terminals, mobile communication terminal products, and related software, as well as manufacturing and sales of specialized instruments for navigation, surveying, meteorology, and oceanography [2] - Huada Beidou's main source of revenue comes from the sales of integrated chips and modules, with a need to clarify the duration of distribution contracts with major suppliers and the specific cooperation model [2] Group 3: Market Position - In 2024, Huada Beidou's GNSS chip and module shipment volume reached 16.1 million units, making it the sixth largest GNSS spatial positioning service provider globally and the second largest among all companies in mainland China, with a global market share of 4.8% [3] - The company ranks as the fourth largest GNSS spatial positioning service provider globally in terms of dual-frequency high-precision RF baseband integrated GNSS chips and modules shipment volume, holding the largest market share among mainland Chinese companies at 10.5% [3]

Group 1 - Shenzhen Huada Beidou Technology Co., Ltd. (referred to as "Huada Beidou") submitted its IPO application to the Hong Kong Stock Exchange on June 11 [2] - This marks Huada Beidou's second attempt at an IPO, having previously initiated the process in October 2022 before voluntarily terminating its A-share listing plan [4] - The company was established in December 2016, inheriting core technologies and R&D teams from the navigation chip division of Huada Electronics, and is backed by several major investors [5][6] Group 2 - According to the prospectus, Huada Beidou's revenue for 2022, 2023, and 2024 is projected to be 698 million RMB, 645 million RMB, and 840 million RMB respectively, with corresponding gross profits of 83.69 million RMB, 67.92 million RMB, and 81.97 million RMB [8][9] - The company is expected to incur losses of 92.61 million RMB, 288.92 million RMB, and 141.27 million RMB for the same years [8][9] - In 2024, Huada Beidou anticipates shipping 16.1 million GNSS chips and modules, ranking sixth globally among GNSS service providers and second among domestic companies, with a global market share of 4.8% [9] Group 3 - The company expects revenue growth in the coming years as it continues to expand its business scale and improve cost efficiency, aiming for a path towards sustained profitability [11]