New stock news | VeriSilicon Microelectronics (Shanghai) Co., Ltd. (688521.SH) is considering a listing in Hong Kong, aiming to raise at least $1 billion.

Recently, it has been reported that "China's leading semiconductor IP company" and AI ASIC leader Verisilicon Microelectronics (Shanghai) Co., Ltd. (688521.SH) is considering listing in Hong Kong, expecting to raise at least $1 billion. According to information, Verisilicon Microelectronics (Shanghai) Co., Ltd. is a leading enterprise that relies on independent semiconductor IP to provide customers with platform-based, comprehensive, one-stop chip customization services, and semiconductor IP licensing services, headquartered in Shanghai. The company was listed on the A-share Sci-Tech Innovation Board in August 2020. The company is the first company in China to own controllable GPU/NPU/VPU/DSP/ISP/display processor and other six types of processor IP, as well as more than 1600 mixed signal IP and RF IP, benefiting deeply from the rise of domestic semiconductor industry and AI and Chiplet technology trends. The company's core business consists of two main segments: 1. One-stop chip customization services: providing full-process services from chip specification definition, front-end design, back-end design to tape-out, packaging, and testing, including chip design business and chip manufacturing business; 2. Semiconductor IP licensing service: licensing modules (semiconductor IP) required for integrated circuit design that are verified, reusable, and have specific functions to customers, and providing corresponding supporting software. Recently, Verisilicon Microelectronics (Shanghai) Co., Ltd. released its 2025 annual performance report, forecasting that the company will achieve approximately 3.152 billion yuan in operating income in 2025, a year-on-year growth of 35.77% from 2024. In the second half of 2025, the company expects to achieve operating income of 2.179 billion yuan, an increase of 123.73% from the first half of 2025 and an increase of 56.75% from the second half of 2024.