IPO Timeline Raw facts
Broker Deadline
Morning deadline
HKEX Deadline
Noon deadline
Broker Results (T-2)
Some brokers release in afternoon
Grey Market (T-1)
Afternoon
HKEX Allotment (T-1)
Evening
Registrar Allotment (T-1)
Evening
Listing Day (T)
First day of trading
Cross-Market Price Comparison
| Other Listed Market | Shanghai (SSE) |
|---|---|
| Other Market Stock Code | 688249 |
| H-Share Offer Price | HK$ 32.30 |
| Other Market Price | Loading... |
| Reference Exchange Rate | Loading... |
| H-Share Offer Price Premium/Discount vs Other Market | Loading... |
Company Overview
| Stock Name | Nexchip |
|---|---|
| Stock Code | 02249 |
| Company Full Name | Nexchip Semiconductor Corporation |
| Industry | Information Technology |
| Principal Activities | 12-inch pure-play wafer foundry services, primarily providing integrated circuit wafer foundry services for DDIC, CIS, PMIC, etc., and rapidly expanding into Logic IC and MCU products, which are applied in consumer electronics, automotive electronics, and other fields. |
| Listing Date | 2026-07-10 |
| Listing Rules Era | New Rules (after Aug 2025) |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 中國 安徽省合肥市 新站區 合肥綜合保稅區 西淝河路88號 |
| Business Address (Hong Kong) | 香港 灣仔 皇后大道東248號 大新金融中心40樓 |
| Place of Incorporation | China |
| Listing Method | Global Offering |
| Listing Board | Main Board |
| Website | www.nexchip.com.cn |
| Share Registrar | 香港中央證券登記有限公司 (Computershare Hong Kong Investor Services Limited) |
| Registrar Contact | 香港中央證券登記有限公司，香港灣仔皇后大道東183號合和中心17樓1712-1716號舖 |
| A-Share/US Dual Listing | Yes (A股) |
Offering Information
| Offering Mechanism | Mechanism B |
|---|---|
| Offer Price | HK$ 32.30 / shares |
| Offer Price Range | Final offer price only, no range |
| Lot Size | 100 shares |
| Entry Threshold | HK$ 3,230 |
| Par Value | RMB 1.0 / shares |
| Offer Period | 2026-06-30 to 2026-07-07 |
| Global Offering Shares | 216,167,000 shares |
| HK Public Offer Shares (Initial) | 21,616,700 shares (10.0%) |
| Public Offer Lots (Initial) | 216,167lots (Pool A108,083lots，Pool B108,084lots) |
| International Placing Shares (Initial) | 194,550,300 shares (90.0%) |
| Offer Ratio | ~10.0% |
| Total Shares Post-IPO | 2,223,758,697 shares |
| Greenshoe (Over-allotment Option) | Yes |
| Stabilizing Manager (Greenshoe) | China International Capital Corporation Hong Kong Securities Limited CE AEN894 |
| Cornerstone Share | 48.8% |
| Clawback Tiers | To be extracted |
| Reallocation Option | Yes |
| Total Global Offering Size | HK$ 6,982,194,100 |
Subscription Tiers
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
Pool A
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 100 | HK$ 3,230 |
| 2 lots | 200 | HK$ 6,460 |
| 3 lots | 300 | HK$ 9,690 |
| 4 lots | 400 | HK$ 12,920 |
| 5 lots | 500 | HK$ 16,150 |
| 6 lots | 600 | HK$ 19,380 |
| 7 lots | 700 | HK$ 22,610 |
| 8 lots | 800 | HK$ 25,840 |
| 9 lots | 900 | HK$ 29,070 |
| 10 lots | 1,000 | HK$ 32,300 |
| 20 lots | 2,000 | HK$ 64,600 |
| 30 lots | 3,000 | HK$ 96,900 |
| 40 lots | 4,000 | HK$ 129,200 |
| 50 lots | 5,000 | HK$ 161,500 |
| 60 lots | 6,000 | HK$ 193,800 |
| 70 lots | 7,000 | HK$ 226,100 |
| 80 lots | 8,000 | HK$ 258,400 |
| 90 lots | 9,000 | HK$ 290,700 |
| 100 lots | 10,000 | HK$ 323,000 |
| 200 lots | 20,000 | HK$ 646,000 |
| 300 lots | 30,000 | HK$ 969,000 |
| 400 lots | 40,000 | HK$ 1,292,000 |
| 500 lots | 50,000 | HK$ 1,615,000 |
| 600 lots | 60,000 | HK$ 1,938,000 |
| 700 lots | 70,000 | HK$ 2,261,000 |
| 800 lots | 80,000 | HK$ 2,584,000 |
| 900 lots | 90,000 | HK$ 2,907,000 |
| 1,000 lots | 100,000 | HK$ 3,230,000 |
Pool B
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 2,000 lots | 200,000 | HK$ 6,460,000 |
| 3,000 lots | 300,000 | HK$ 9,690,000 |
| 4,000 lots | 400,000 | HK$ 12,920,000 |
| 5,000 lots | 500,000 | HK$ 16,150,000 |
| 10,000 lots | 1,000,000 | HK$ 32,300,000 |
| 15,000 lots | 1,500,000 | HK$ 48,450,000 |
| 20,000 lots | 2,000,000 | HK$ 64,600,000 |
| 30,000 lots | 3,000,000 | HK$ 96,900,000 |
| 40,000 lots | 4,000,000 | HK$ 129,200,000 |
| 60,000 lots | 6,000,000 | HK$ 193,800,000 |
| 80,000 lots | 8,000,000 | HK$ 258,400,000 |
| 108,083 lots | 10,808,300 | HK$ 349,108,090 |
Stock Connect Inclusion Analysis
| HK Market Cap | HK$ 5.71B |
|---|---|
| Analysis Result | Already included in Stock Connect (both) |
Valuation & Financials
| Market Cap (at Offer Price) | HK$ 71,827,405,913 |
|---|---|
| Pre-IPO Valuation (Last Round) | Not disclosed |
| P/E Ratio | Not disclosed |
| Profit/Loss Status | Net profit RMB 466.5 million |
| Period-End Cash Balance | RMB 2,276.6 million |
| Listing Expenses | To be extracted |
| Listing Expenses / Funds Raised | ~2.9% |
| Total Pre-IPO Investment | To be extracted |
| First Day Close | Loading... |
|---|---|
| Use of Proceeds | Approximately 53.6% will be used for the research and development and optimization of the next-generation 22nm technology platform; approximately 23.1% will be used for intelligent R&D and production based on AI technology; approximately 13.3% will be used to establish an R&D and sales center in Hong Kong; and approximately 10.0% will be used for working capital and general corporate purposes. |
Underwriting Syndicate
Sole Sponsor (1)
China International Capital Corporation Hong Kong Securities Limited CE AEN894(sole)
Overall Coordinators (3)
Joint Global Coordinators (3)
Joint Bookrunners (7)
China International Capital Corporation Hong Kong Securities Limited CE AEN894
CLSA LIMITED CE AAB893
HUATAI FINANCIAL HOLDINGS (HONG KONG) LIMITED CE AOK809
BOCI ASIA LIMITED CE AET863
ICBC INTERNATIONAL SECURITIES LIMITED CE ARO299
CMB International Capital Limited CE AVM940
Futu Securities International (HONG KONG) Limited CE AZT137
Joint Lead Managers (7)
China International Capital Corporation Hong Kong Securities Limited CE AEN894
CLSA LIMITED CE AAB893
HUATAI FINANCIAL HOLDINGS (HONG KONG) LIMITED CE AOK809
BOCI ASIA LIMITED CE AET863
ICBC INTERNATIONAL SECURITIES LIMITED CE ARO299
CMB International Capital Limited CE AVM940
Futu Securities International (HONG KONG) Limited CE AZT137
Capital Market Intermediaries (7)
China International Capital Corporation Hong Kong Securities Limited CE AEN894
CLSA LIMITED CE AAB893
HUATAI FINANCIAL HOLDINGS (HONG KONG) LIMITED CE AOK809
BOCI ASIA LIMITED CE AET863
ICBC INTERNATIONAL SECURITIES LIMITED CE ARO299
CMB International Capital Limited CE AVM940
Futu Securities International (HONG KONG) Limited CE AZT137
Stabilizing Manager (1)
China International Capital Corporation Hong Kong Securities Limited CE AEN894
Service Providers
| Role | Institution |
|---|---|
| Legal Advisor to Company |
高伟绅律师行 金杜律师事务所 |
| Legal Advisor to Sponsors/Underwriters |
史密夫斐尔凯迈律师事务所 海问律师事务所 |
| Auditor and Reporting Accountant | 容诚（香港）会计师事务所有限公司 |
| Industry Advisor | 弗若斯特沙利文（北京）咨询有限公司上海分公司 |
| Compliance Advisor | Somerley Capital Limited CE BAU754 |
| Receiving Banks |
中国银行（香港）有限公司 中国建设银行（亚洲）股份有限公司 中国工商银行（亚洲）有限公司 招商永隆银行有限公司 中信银行（国际）有限公司 |
Cornerstone Investors
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | 集創 | 49,530,000 USD | 12,460,800 | 5.76% | 0.56% | 6 months | 2027-01-10 |
| 2 | 璞新科技 | 49,030,000 USD | 4 | 5.00% | 5.65% | 6 months | 2027-01-10 |
| 3 | 智感微電子科技香港 | 48,220,000 USD | 12,010,400 | 5.56% | 0.54% | 6 months | 2027-01-10 |
| 4 | 奇瑞汽車香港 | 42,430,000 USD | 10,569,100 | 4.89% | 0.48% | 6 months | 2027-01-10 |
| 5 | 香港歌爾泰克 | 28,930,000 USD | 7,278,900 | 3.37% | 0.33% | 6 months | 2027-01-10 |
| 6 | 泰康人壽 | 34,720,000 USD | 8,734,700 | 4.04% | 0.39% | 6 months | 2027-01-10 |
| 7 | 廣發基金 | 34,720,000 USD | 8,734,700 | 4.04% | 0.39% | 6 months | 2027-01-10 |
| 8 | 上海高毅及CICC Financial Trading Limited（就高毅場外掉期而言） | 10,610,000 USD | 2,668,900 | 1.23% | 0.12% | 6 months | 2027-01-10 |
| 9 | Perseverance Asset Management | 6,750,000 USD | 1,698,400 | 0.79% | 0.08% | 6 months | 2027-01-10 |
| 10 | 匯添富（香港） | 17,360,000 USD | 4,367,300 | 2.02% | 0.20% | 6 months | 2027-01-10 |
| 11 | NGS Super | 14,470,000 USD | 3,639,400 | 1.68% | 0.16% | 6 months | 2027-01-10 |
| 12 | HHLRA | 14,470,000 USD | 3,639,400 | 1.68% | 0.16% | 6 months | 2027-01-10 |
| 13 | WT Asset Management | 14,470,000 USD | 3,639,400 | 1.68% | 0.16% | 6 months | 2027-01-10 |
| 14 | 常春藤 | 14,470,000 USD | 3,639,400 | 1.68% | 0.16% | 6 months | 2027-01-10 |
| 15 | Verition | 13,500,000 USD | 3,396,800 | 1.57% | 0.15% | 6 months | 2027-01-10 |
| 16 | 保銀 | 13,500,000 USD | 3,396,800 | 1.57% | 0.15% | 6 months | 2027-01-10 |
| 17 | 大成國際 | 7,710,000 USD | 1,941,000 | 0.90% | 0.09% | 6 months | 2027-01-10 |
| 18 | 工銀理財 | 7,710,000 USD | 1,941,000 | 0.90% | 0.09% | 6 months | 2027-01-10 |
| 19 | 中郵理財 | 3,860,000 USD | 970,500 | 0.45% | 0.04% | 6 months | 2027-01-10 |
| 20 | 嘉實國際資產管理 | 3,860,000 USD | 97,050 | — | 0.45% | 6 months | 2027-01-10 |
Directors & Management
| Position | Chinese name | English Name |
|---|---|---|
| Chairman / Executive Director | 蔡國智 | TSAI |
| Company Secretary | 朱才偉、葉翠媚 | — |
| Non-Executive Director | 陸勤航 | LU Qinhang |
| Independent Non-Executive Director | 安廣實 | QIU Wensheng |
| Executive Director | 朱才偉 | ZHU Caiwei |
| Non-Executive Director | 陳小蓓 | CHEN Xiaobei |
| Independent Non-Executive Director | 藺智挺 | QIU Wensheng |
| Non-Executive Director | 郭兆志 | GUO Zhaozhi |
| Independent Non-Executive Director | 陳鋌 | CHEN Ting |
| Non-Executive Director | 邱文生 | QIU Wensheng |
Major Shareholders
| Major Shareholders & Holdings | The controlling shareholder, 合肥建投, directly and through 合肥芯屏, jointly controls approximately 39.71% of the equity interests. Other principal shareholders include 力晶創新投資控股股份有限公司 (approximately 8.07%), 華勤技術股份有限公司 (approximately 6.00%) and 合肥勤合電子科技有限公司 (approximately 5.00%). |
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