Core Viewpoint - Recent IPO progress has been observed for several companies from Wuhan, including Juxin Microelectronics, which has submitted its prospectus to the Hong Kong Stock Exchange and is backed by major investors like Xiaomi and Huawei [1][4]. Company Overview - Juxin Microelectronics, founded in January 2016, specializes in intelligent perception, machine vision, and imaging technology solutions, operating under a fabless model. The company has raised over 1.1 billion RMB and has a post-investment valuation of approximately 5.3 billion RMB as of June 2025 [4][7]. - The company has a diverse product matrix covering 11 product lines, with 8 products already commercialized and 3 in the design phase [7]. Financial Performance - Revenue growth has been noted, with figures of 127.4 million RMB in 2022, 242.0 million RMB in 2023, and projected revenues of 666.6 million RMB in 2024 [12][14]. - The net profit has shown improvement, transitioning from a loss of 137.2 million RMB in 2022 to a projected profit of 2.1 million RMB in the first half of 2025 [12][14]. - The gross margin has declined from 27.6% in 2022 to 23.3% in the first half of 2025, primarily due to decreasing average selling prices across product lines [16]. Market Position - Juxin Microelectronics holds significant market shares in various segments, ranking third in the global optical sensor market with an 11.2% share, and also ranks third in the global smart audio amplifier market with an 8.3% share [29]. - The company faces intense competition from domestic and international manufacturers, with a noted decline in average selling prices for its main products [2][29]. Product and Technology - The company’s main revenue source is from intelligent perception products, which accounted for 97.3% of total revenue in 2022, although this percentage is projected to decrease to 78.7% by the first half of 2025 [14]. - The product lines include optical sensing, smart audio, and vibration sensing, with significant shipment volumes reported for each category [8][12]. Research and Development - As of June 2025, Juxin Microelectronics has a research and development team comprising 175 employees, representing 60.1% of the total workforce, with R&D expenditures of approximately 99.7 million RMB in 2022 [18]. Customer Base and Supply Chain - The company’s customer base primarily consists of direct sales clients and distributors in the smartphone and electronic device sectors, with a high concentration of revenue from the top five customers [19][20]. - The procurement strategy relies heavily on a few suppliers, with over 90% of purchases coming from the top five suppliers, indicating potential supply chain risks [18].

全球第三、中国大陆第一的光学传感器龙头已开始冲击资本市场。 武汉聚芯微电子股份有限公司(以下简称"聚芯微")已于9月29日向港交所主板提交上市申请书，海通国际和中信证券为联席保荐人。 据招股书显示，聚芯微是行业领先的智能感知、机器视觉及影像技术解决方案提供商，其致力于通过高性能数模混合信号芯片与优化算法的深度融合，赋能 智能设备实现精准感知、卓越影像与智能化升级。 从业绩来看，聚芯微实现了爆发式成长。在2022至2024年，其收入分别约为1.27亿元、2.42亿元、6.67亿元，强劲增长势能凸显;同期的净利润分别约为-1.37 亿、-1.10亿、973.4万，利润端扭亏为盈。 至2025年上半年，聚芯微的收入为4亿元，同比增长53.85%，期内净利润为2071.7万元，同比增长12.39%，依旧保持快速成长势头。 值得注意的是，聚芯微的股东结构中赫然包括了OPPO、华为、小米、字节跳动等知名企业，这表明了其与下游领先消费电子品牌已实现了深度绑定。在亮 眼业绩与多位重磅股东的加持下，聚芯微能否在港股市场"一鸣惊人"? 各产品线出货量位居全球行业前列，十次融资引入多位知名股东 从零起步到成为国内光学传感器的龙头企 ...

智通财经APP观察到，武汉聚芯微电子股份有限公司(以下简称"聚芯微")已于9月29日向港交所主板提交上市申请书，海通国际和中信证券为联席保荐人。 全球第三、中国大陆第一的光学传感器龙头已开始冲击资本市场。 据招股书显示，聚芯微是行业领先的智能感知、机器视觉及影像技术解决方案提供商，其致力于通过高性能数模混合信号芯片与优化算法的深度融合，赋能 智能设备实现精准感知、卓越影像与智能化升级。 从业绩来看，聚芯微实现了爆发式成长。在2022至2024年，其收入分别约为1.27亿元、2.42亿元、6.67亿元，强劲增长势能凸显;同期的净利润分别约为-1.37 亿、-1.10亿、973.4万，利润端扭亏为盈。 至2025年上半年，聚芯微的收入为4亿元，同比增长53.85%，期内净利润为2071.7万元，同比增长12.39%，依旧保持快速成长势头。 值得注意的是，聚芯微的股东结构中赫然包括了OPPO、华为、小米、字节跳动等知名企业，这表明了其与下游领先消费电子品牌已实现了深度绑定。在亮 眼业绩与多位重磅股东的加持下，聚芯微能否在港股市场"一鸣惊人"? 各产品线出货量位居全球行业前列，十次融资引入多位知名股东 从零起步到成为 ...