// Company Overview //
| Stock Name | 愛芯元智 |
|---|---|
| Stock Code | 00600 |
| Company Full Name | 愛芯元智 |
| Industry | 半导体 |
| Principal Activities | 我们是AI推理SoC的供应商，专注为边缘计算与终端设备AI应用打造高性能感知与计算平台。 |
| Listing Date | 2026-02-10 |
| Listing Rules Era | New Rules (after Aug 2025) |
| Listing Rules Chapter | No data |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 浙江省 寧波市 鎮海區莊市街道 中官西路777號 科創大廈17樓59室 |
| Business Address (Hong Kong) | 香港 銅鑼灣 勿地臣街1號時代廣場 二座31樓 |
| Place of Incorporation | No data |
| Listing Method | No data |
| Listing Board | Main Board |
| Website | www.axera-tech.com |
| Share Registrar | 卓佳证券登记有限公司 (Tricor Investor Services Limited) |
| Registrar Contact | (852)2862 8628 |
| A-Share/US Dual Listing | No |
// Offering Information //
| Offering Mechanism | 机制B |
|---|---|
| Clawback Tiers | 机制B不设回拨 |
| Offer Period | 2026-01-30 to 2026-02-05 |
| Offer Price | HK$ 28.20 / shares |
| Offer Price Range | Final offer price only, no range |
| Lot Size | 100 shares |
| Entry Threshold | HK$ 2,820 |
| Par Value | RMB 1.0 / shares |
| Global Offering Shares | 104,915,200 |
| HK Public Offering Shares | 10,491,600 (10.0%) |
| International Placing Shares | 94,423,600 (90.0%) |
| Offer Ratio | No data |
| Total Shares Post-IPO | 587,760,481 shares |
| Total Global Offering Size | HK$ 2,958,608,640 |
| Public Offering Size | HK$ 295,863,120 (10.0%) |
| Oversubscription Multiple | 104.8x |
| Valid Applications | 85,091 |
| Accepted Applications | 40,330 |
| Reallocation | No |
| Total Funds Raised | HK$ 295,863,120 |
| Greenshoe (Over-allotment Option) | No |
// Valuation & Financials //
| Market Cap (at Offer Price) | HK$ 16,574,845,564 |
|---|---|
| Pre-IPO Valuation (Last Round) | No data |
| P/E Ratio | 不适用（公司处于亏损状态） |
| Profit/Loss Status | 亏损约人民币904.2百万元（2024年） |
| Period-End Cash Balance | No data |
| Listing Expenses | ~HK$ 159,600,000 |
| Listing Expenses / Funds Raised | No data |
| Total Pre-IPO Investment | No data |
// First Day Performance
| First Day Close | Loading... |
|---|---|
| First Day Open | HK$ 28.2 |
| First Day Change | -23.76% |
| First Day Volume | 22587400.0 |
| First Day Turnover | 635410000.0 |
// Price Chart //
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// Use of Proceeds
| Use of Proceeds | 1、約60.0%（或1,674.1百萬港元）將用于投資優化公司現有的技術平臺，主要對公司的現有產品進行逐步改進以提升性能及效率，及推出新產品； 2、約15.0%（或418.5百萬港元）將用于投資研發項目，主要以開發擴大公司的業務范圍的新技術； 3、約5.0%（或139.5百萬港元）將用于公司的銷售擴張； 4、約10.0%（或279.0百萬港元）將用于股權投資或收購，旨在進一步整合上下游行業資源； 5、約10.0%（或279.0百萬港元）將用于營運資金及其他一般公司用途。 |
|---|
// Underwriting Syndicate //
联席保荐人 (3)
中国国际金融香港证券有限公司
国泰君安融资有限公司
交银国际(亚洲)有限公司
整体协调人 (3)
中国国际金融香港证券有限公司
国泰君安证券（香港）有限公司
交银国际证券有限公司
联席账簿管理人 (3)
中国国际金融香港证券有限公司
国泰君安证券（香港）有限公司
交银国际证券有限公司
联席牵头经办人 (3)
中国国际金融香港证券有限公司
国泰君安证券（香港）有限公司
交银国际证券有限公司
// Cornerstone Investors //
Allotment Results Announcement
| # | Investor Name | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|
| 1 | 韋爾半導體香港有限公司（「OmniVision | 9,678,300 | 9.22% | 1.65% | — | — |
| 2 | 新馬服裝國際有限公司附註2 | 9,678,300 | 9.22% | 1.65% | — | — |
| 3 | JSC International Investment Fund SPC | 7,466,100 | 7.12% | 1.27% | — | — |
| 4 | Factorial Master Fund附註2 | 1,935,600 | 1.84% | 0.33% | — | — |
| 5 | Hel Ved Master Fund附註2 | 1,935,600 | 1.84% | 0.33% | — | — |
| 6 | Valliance Asset Management Limited附註 | 1,935,600 | 1.84% | 0.33% | — | — |
| 7 | 明山資本有限公司附註2 | 1,382,600 | 1.32% | 0.24% | — | — |
| 8 | Jupiter Global Master Fund Ltd.附註2 | 1,382,600 | 1.32% | 0.24% | — | — |
| 9 | 青島觀瀾附註2及國泰君安證券投資 | 1,382,600 | 1.32% | 0.24% | — | — |
| 10 | Jinyi Capital Multi-Strategy Fund SPC Ltd. | 553,000 | 0.53% | 0.09% | — | — |
// Directors & Management //
| Chairman | QIU Xiaoxin |
|---|---|
| Company Secretary | 施曉燁 |
No director data available.
// Major Shareholders //
| Major Shareholders & Holdings | QIU博士通过上海衿淩等实体控制约18.70%的H股，为单一最大股东集团。韦豪创芯通过韦豪实体合计持有约12.54%的H股。 |
|---|
// Allotment Benchmarks //
Pool A (Small Subscriptions)
| Shares Applied | Applicants | Allottees | Expected Lots |
|---|---|---|---|
| 100 | 32,414 | 5,835 | 0.18 |
| 200 | 6,251 | 1,875 | 0.30 |
| 300 | 11,011 | 4,574 | 0.42 |
| 400 | 2,084 | 1,000 | 0.48 |
| 500 | 2,672 | 1,336 | 0.50 |
| 600 | 1,037 | 560 | 0.54 |
| 700 | 1,270 | 711 | 0.56 |
| 800 | 937 | 562 | 0.60 |
| 900 | 531 | 344 | 0.65 |
| 1,000 | 8,596 | 6,017 | 0.70 |
| 2,000 | 2,597 | 2,078 | 0.80 |
| 3,000 | 2,097 | 1,887 | 0.90 |
| 4,000 | 1,067 | 1,024 | 0.96 |
| 5,000 | 1,025 | 1,025 | 1.00 |
| 6,000 | 530 | 74 | 1.14 |
| 7,000 | 414 | 108 | 1.26 |
| 8,000 | 408 | 147 | 1.36 |
| 9,000 | 311 | 137 | 1.44 |
| 10,000 | 2,525 | 1,263 | 1.50 |
| 20,000 | 1,576 | 1,576 | 2.00 |
| 30,000 | 1,029 | 257 | 2.25 |
| 40,000 | 561 | 337 | 2.60 |
| 50,000 | 450 | 450 | 3.00 |
| 60,000 | 291 | 87 | 3.30 |
| 70,000 | 273 | 137 | 3.50 |
| 80,000 | 197 | 197 | 4.00 |
| 90,000 | 125 | 63 | 4.50 |
| 100,000 | 1,234 | 1,234 | 5.00 |
Pool B (Large Subscriptions)
| Shares Applied | Applicants | Allottees | Expected Lots |
|---|---|---|---|
| 200,000 | 938 | 938 | 23.00 |
| 300,000 | 230 | 230 | 27.90 |
| 400,000 | 108 | 108 | 33.20 |
| 500,000 | 69 | 69 | 36.00 |
| 600,000 | 32 | 32 | 40.20 |
| 700,000 | 31 | 31 | 42.70 |
| 800,000 | 26 | 26 | 47.20 |
| 900,000 | 8 | 8 | 51.30 |
| 1,000,000 | 66 | 66 | 54.00 |
| 2,000,000 | 23 | 23 | 92.00 |
| 3,000,000 | 16 | 16 | 129.00 |
| 5,245,800 | 31 | 31 | 209.83 |
Offer Ratio
Allotment Benchmarks
