IPO News | Nanochip plans Hong Kong stock IPO, China Securities Regulatory Commission requires clarification on the specific implementation of overseas investment and other regulatory procedures involving overseas subsidiaries

The Zhitong Finance App learned that on June 13, the China Securities Regulatory Commission announced the disclosure of supplementary materials for overseas issuance and filing (June 6, 2025 to June 12, 2025). The Securities Regulatory Commission requested Nanowei to provide additional information on the specific implementation of supervisory procedures such as overseas investment and foreign exchange registration involving the company's overseas subsidiaries, and issue a concluding opinion on compliance. The scope of business of the company and its subsidiaries includes technology export business, which explains the development and compliance of technology export business in the last three years. According to the Hong Kong Stock Exchange's disclosure on April 25, Nanochip is listed on the main board of the Hong Kong Stock Exchange, with CICC Securities and CCB International as co-sponsors.

According to the prospectus, Nanochip is a leading analog chip provider in China. As a fabless company, the company provides rich, high-performance, and high-reliability products and solutions for applications such as automotive electronics, pan-energy, and consumer electronics. The company's three categories of sensor products, signal chain chips, and power management chips form a complete system link from perception and signal processing to system power supply and power drive, and play a key role in connecting and interacting between the real world and the digital world.

On the financial side, in 2022, 2023 and 2024, Nanochip's revenue was approximately RMB 1,670 million, RMB 1,311 million, and RMB 1,960 million respectively; during the same period, profit for the year was approximately RMB 250 million, -305 million yuan, and RMB 403 million.