The IPO of Da Pu Micro Entrepreneurs Board is approved, and the cumulative shipment volume of enterprise-level SSDs has reached over 4900PB.

date
18:45 25/12/2025
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GMT Eight
On December 25th, Shenzhen Allwinner Technology Co., Ltd. (referred to as Allwinner) passed the IPO review of the Shenzhen Stock Exchange's Growth Enterprise Board Listing Committee. The sponsoring institution is Guotai Junan Securities, intending to raise 1.8785 billion yuan.
On December 25th, Shenzhen DaPwei Microelectronics Co., Ltd. (referred to as DaPwei) passed the Shenzhen Stock Exchange GEM IPO through the listing committee. The sponsor institution is Guotai Haitong, and it plans to raise 1.8785 billion yuan. The prospectus shows that DaPwei mainly engages in the research and sales of enterprise-level SSD products for data center. It is a leading provider in the industry with rare self-developed capabilities for enterprise-level SSD, including "controller chip + firmware algorithm + module" and achieving mass production of semiconductor storage products. DaPwei focuses on enterprise-level SSD for data centers, covering the product generations from PCIe 3.0 to 5.0, fully meeting the product needs of various types of customers. During the reporting period, the company's cumulative shipment of enterprise-level SSD reached over 4,900PB, with the proportion of shipments with self-developed controller chips exceeding 75%. According to IDC data, the company has maintained a leading market share in the domestic enterprise-level SSD market in recent years, while international manufacturers still dominate the market. DaPwei always adheres to technology and innovation-driven, following the trend of storage technology development, and introducing internationally competitive products and solutions. The company's PCIe SSD series products have outstanding read and write speeds, durability, low latency, and an average failure rate significantly lower than the JEDEC (Solid State Technology Association) standard, positioning their performance at an internationally advanced level. In addition, the company continues to focus on the development of advanced storage, being one of the first storage manufacturers globally to mass-produce enterprise-level PCIe 5.0 SSD and high-capacity QLC SSD, as well as one of the few with supply capabilities for SCM SSD and computational storage SSD. The company has a team of main controller chip and SSD module developers with cutting-edge storage technology and rich industry experience, continuously investing in research resources to maintain market competitiveness. As of June 30, 2025, the company has obtained 162 domestic and foreign invention patents, with technologies such as Computational Storage Drives, Intelligence Multi-Stream, and Intelligent Failure Prediction placing them at the forefront of enterprise-level SSD technology. After the approval of the company's first extraordinary general meeting of shareholders in 2025, the funds raised from this issuance will be invested in the following projects in order of urgency: Financially, in the fiscal years of 2022, 2023, 2024, and from January to June 2025, DaPwei achieved operating income of approximately 0.557 billion yuan, 0.519 billion yuan, 0.962 billion yuan, and 0.748 billion yuan respectively. During the same period, the company's net profits were approximately -0.534 billion yuan, -0.617 billion yuan, -0.191 billion yuan, and -0.354 billion yuan respectively.