Core Viewpoint - Haowei Group is planning to go public on the Hong Kong Stock Exchange, aiming to leverage its position as a fabless semiconductor company specializing in image sensors and display solutions [1][2]. Group 1: Company Overview - Haowei Group, originally founded as Shanghai Weir Semiconductor Co., Ltd. in 1995, officially changed its name on June 20, 2023, to Haowei Integrated Circuit (Group) Co., Ltd. [2] - The company primarily generates revenue from semiconductor design and sales, providing solutions for various sectors including automotive, smartphones, medical, security, and emerging markets like AI and smart glasses [2]. Group 2: Financial Performance - The company's revenue for the years 2022, 2023, and 2024 is projected to be RMB 20.04 billion, RMB 20.98 billion, and RMB 25.71 billion respectively, with net profits of RMB 0.951 billion, RMB 0.544 billion, and RMB 3.279 billion [4]. - In Q1 of this year, Haowei Group achieved revenue of RMB 6.472 billion, marking a year-on-year increase of 14.68%, and a net profit of RMB 0.866 billion, reflecting a growth of 55.25% [5]. Group 3: Product Segmentation - The revenue breakdown for 2022 shows that image sensor solutions contributed RMB 13.674 billion (68.3%), display solutions RMB 1.470 billion (7.3%), and analog solutions RMB 1.262 billion (6.3%) [3]. - The display solutions segment is primarily focused on the smartphone market, with projected revenue of RMB 1.028 billion in 2024, a decrease of 17.77% from the previous year, despite a sales volume increase of 16.84% [3].

Core Viewpoint - The company is changing its name from "Shanghai Weir Semiconductor Co., Ltd." to "OmniVision Integrated Circuit (Group) Co., Ltd." to better reflect its strategic direction and enhance brand influence in the semiconductor industry [1]. Group 1: Company Overview - The company has established a core business system comprising image sensor solutions, display solutions, and analog solutions since acquiring OmniVision in 2019 [1]. - In 2024, the company reported a total revenue of 25.73 billion yuan, with a net profit attributable to shareholders of 3.32 billion yuan [2]. Group 2: Business Performance - The image sensor solutions business generated revenue of 19.19 billion yuan, accounting for 74.76% of the main business revenue, making it the core growth engine [1]. - The display solutions business achieved revenue of 1.03 billion yuan, representing 4.01% of the main business revenue, with a sales volume of 155.23 million units, a year-on-year increase of 16.84% [2]. Group 3: Product Development - The company has developed OLED DDIC suitable for smartphones and introduced new TED chips for mid-size screen display driver applications [2]. - Continuous investment is being made in the development of automotive display driver products to meet mainstream market specifications [2].