New stock news | Suzhou Novosense Microelectronics(688052.SH) undergoing hearing at Hong Kong Stock Exchange, focusing on chip research and design.

According to the disclosure from the Hong Kong Stock Exchange on November 18th, Suzhou Novosense Microelectronics Co., Ltd. (referred to as Suzhou Novosense Microelectronics (688052.SH)) has undergone listing hearing on the main board of the Hong Kong Stock Exchange, with CICC, CITIC SEC, and CICC International acting as its joint sponsors. The prospectus shows that Suzhou Novosense Microelectronics operates in a fabless model, focusing on chip research and design, while outsourcing wafer manufacturing to external wafer foundries and most of the packaging testing to third-party packaging testing service providers. The company provides rich, high-performance, and highly reliable products and solutions in application areas such as (i) automotive electronics, (ii) general energy, and (iii) consumer electronics. The company's sensor products, signal chain chips, and power management chips constitute a complete system link from (i) sensing, (ii) signal processing to (iii) system power supply and power drive, playing a key role in the connection and interaction between the real world and the digital world. According to data from Frost & Sullivan, based on analog chip revenue in 2024, the company ranks 14th among all analog chip companies in the Chinese analog chip market (with a market share of 0.9%) and fifth among Chinese analog chip companies. In order to better serve the end customers in application areas, the company will develop its products according to specific functional requirements of electronic device systems. Through the collaborative application of sensor products, signal chain chips, and power management chips, the company can form specific solutions to help end customers achieve their desired functions or requirements. With continuous investment in technology research and understanding of market demand, the company's products have been widely used in application areas such as automotive electronics, general energy, consumer electronics, and emerging fields. In terms of finances, Suzhou Novosense Microelectronics achieved revenues of approximately 1.67 billion yuan, 1.31 billion yuan, 1.96 billion yuan, and 1.52 billion yuan respectively for the years ending June 30th in 2022, 2023, 2024, and the six months ending June 30, 2025. During the same period, the total comprehensive income for the year/period was approximately 250 million yuan, -305 million yuan, -404 million yuan, and -75.586 million yuan respectively.