New Stock Debut | Ingenic Semiconductor (03223) Listed Today with Flat Opening in Early Trading The company positions itself as a provider of "storage + computing + analog" chips.

Ingenic Semiconductor (03223) has officially listed, with the announcement showing a share price of HKD 100 and a total issuance of 31.2873 million shares, with each board lot consisting of 100 shares. The net proceeds are approximately HKD 3.055 billion. As of the time of writing, there has been no price change, trading at HKD 100, with a transaction volume of HKD 135 million. The prospectus indicates that Ingenic Semiconductor is a provider of "storage + computing + analog" chips. Leveraging industry trends and proprietary technology, the company offers storage chips optimized for AI workloads, computing chips with chip acceleration and inference capabilities, and analog chips for smart sensing and power management. The company's products are widely used in automotive electronics, industrial medical applications, AIoT, and smart security devices. The company's business model is a fabless model, allowing it to focus on the research and development and design of chips, while collaborating with leading foundries and packaging and testing service providers to ensure business scalability. Through organic growth and strategic acquisitions, the company has established a comprehensive product portfolio. According to Frost & Sullivan, the company holds a leading position in key markets worldwide, continually empowering the development and innovation of cutting-edge technologies such as automotive electronics and edge AI.