New stock news | SigmaStar Technology Hong Kong IPO prospectus invalidated

SigmaStar Technology Co., Ltd. (referred to as SigmaStar Technology) submitted its Hong Kong stock prospectus for 6 months on September 26, 2025, which expired on March 26, 2026 when CICC and China Securities Co., Ltd. International acted as joint sponsors. According to the previously disclosed prospectus, SigmaStar Technology is a leading global fabless designer and supplier of vision AI SoCs. As of June 30, 2025, the company has successfully designed and developed over 600 SoC products. During the historical period, the cumulative shipment volume of SoCs reached 454 million units. According to Frost & Sullivan data, based on the shipment volume in 2024, SigmaStar Technology is the world's largest supplier of vision AI SoCs, holding a market share of 26.7%. Based on the shipment volume in 2024, SigmaStar Technology's security vision AI SoCs ranked first globally, with a market share of 41.2%. Based on the shipment volume in the first half of 2025, SigmaStar Technology's Siasun Robot & Automation vision AI SoCs ranked second globally, with a market share of 23.0%.