豪威集团成立于1995年，是全球领先的Fabless（无晶圆厂）半导体设计公司之一，目前公司主体为韦尔 股份（603501.SH），由虞仁荣于2007年在上海创立，并于2017年5月在上交所主板挂牌上市。 因此，随着此次上市完成，豪威集团也成为继中芯国际、华润微、纳芯微后，又一家完成"A+H"双资本 平台搭建的半导体巨头。值得注意的是，兆易创新（603986.SH）、和辉光电（688538.SH）、江波龙 （301308.SH）等多家A股半导体公司也已相继披露赴港上市计划，这也意味着，这波国产A股半导体企 业赴股IPO热潮，或才刚刚开启。 01 图像传感器巨头崛起 回顾豪威集团的历史，也是中国半导体企业从本土崛起、逐步走向全球的缩影——其前身豪威科技 （OmniVision）成立于 1995 年，曾是纳斯达克上市的全球 CMOS 图像传感器（CIS）商业化进程中的 先行者之一。而今日豪威集团的核心人物——虞仁荣，则于 2007 年在上海创立了韦尔股份。 2019年，韦尔股份完成了被称为"蛇吞象"的经典收购，以约150亿元人民币的价格将豪威科技收入囊 中。通过这场并购，韦尔股份也实现了从电子元器件分销商向全球高 ...

Core Viewpoint - The successful listing of OmniVision Technologies (豪威集团) on the Hong Kong Stock Exchange marks a significant milestone for Chinese semiconductor companies, reflecting a broader trend of domestic firms pursuing dual listings in both A-shares and H-shares to enhance their global presence and attract international capital [1][5][7]. Company Overview - OmniVision Technologies, founded in 1995, is a leading Fabless semiconductor design company, primarily focused on image sensors and related solutions [2][3]. - The company was acquired by Weir Group (韦尔股份) in 2019 for approximately 15 billion RMB, facilitating its transformation into a high-end semiconductor design firm [2]. - As of 2024, OmniVision is the third-largest supplier of digital image sensors globally and holds a 32.9% market share in the automotive CIS market [2][3]. Financial Performance - OmniVision's revenue increased from 20.04 billion RMB in 2022 to 25.71 billion RMB in 2024, with a significant rise in net profit from 544 million RMB in 2023 to 3.279 billion RMB in 2024 [3]. - For the first three quarters of 2025, the company reported revenue of 21.783 billion RMB, a year-on-year growth of 15.20%, and a net profit of 3.210 billion RMB, up 35.15% [3]. Market Trends - The listing of OmniVision is part of a broader trend of semiconductor companies in China accelerating their capital market activities, particularly in Hong Kong [5][6]. - The semiconductor sector has become a focal point for IPOs in Hong Kong, with several companies, including GPU leader Biren Technology, successfully listing and attracting significant investment [6][7]. - The rise of AI and smart automotive technologies is driving demand for semiconductors, prompting domestic firms to seek financing through public listings to expand capacity and accelerate technological advancements [7]. Strategic Direction - OmniVision aims to leverage its dual listing to enhance its global strategy, focusing on technological innovation and collaboration with global partners [4].

Core Viewpoint - Haowei Group, a semiconductor design company based in Shanghai, successfully listed on the Hong Kong Stock Exchange on January 12, 2026, raising approximately HKD 48 billion through its IPO [2][12]. IPO Details - The IPO involved a global offering of 45.8 million shares, accounting for 3.65% of the total shares post-issue, with a pricing of HKD 104.80 per share, resulting in a net fundraising amount of approximately HKD 46.93 billion [3][12]. - The public offering was oversubscribed by 9.28 times, while the international offering was oversubscribed by 9.73 times [3][13]. - Key cornerstone investors included Boyu Capital, UBS, and several others, contributing a total of USD 279.4 million [3][13]. Company Profile - Haowei Group specializes in the design and development of high-performance integrated circuits (ICs), focusing on three main product lines: image sensor solutions, display solutions, and analog solutions [3][13]. - According to Frost & Sullivan, Haowei Group is projected to be one of the top ten fabless semiconductor companies globally by revenue in 2024, and it ranks as the third-largest supplier of digital image sensors and the largest supplier of automotive digital image sensors [3][13]. Market Performance - On its first trading day, Haowei Group's stock closed at HKD 121.8, reflecting a 16.22% increase from the IPO price, with a total market capitalization of approximately HKD 152.917 billion [3][14]. Underwriting Team - The underwriting team for the IPO included major financial institutions such as UBS, CICC, and others, serving various roles including joint sponsors and coordinators [6][17].

Core Viewpoint - The successful IPO of OmniVision Technologies (豪威集团) on the Hong Kong Stock Exchange marks the third IPO led by billionaire Yu Renrong, with significant market interest reflected in a 16.22% increase on the first trading day [2][4]. Company Overview - OmniVision Technologies is a global fabless semiconductor design company and ranks among the top ten fabless semiconductor companies worldwide [3][9]. - The company specializes in CMOS image sensors (CIS), which are its core products, and operates in three main business segments: image sensor solutions, display solutions, and analog solutions [9]. Financial Performance - For the first three quarters of 2025, OmniVision reported a net profit attributable to shareholders of 3.21 billion yuan, representing a year-on-year increase of over 35% [3][9]. - The company achieved a net profit of 3.32 billion yuan in 2024, reflecting a remarkable year-on-year growth of 498.11% [9]. - OmniVision's revenue for the first three quarters of 2025 reached 21.78 billion yuan, up 15.20% year-on-year [9]. IPO Details - The IPO raised 4.8 billion HKD (approximately 4.32 billion yuan), with 70% of the funds allocated for key technology research and development [3][11]. - The company issued 45.8 million H-shares at a price of 104.8 HKD per share, with a net fundraising amount of 4.693 billion HKD after deducting listing expenses [3][4]. Market Position - OmniVision is the third-largest supplier of CIS globally, with a market share of 13.7%, trailing only Sony and Samsung [9]. - In the automotive CIS sector, the company holds a leading market share of 32.9%, making it the largest supplier in this category [9]. Investment and Ownership - Yu Renrong, the actual controller of OmniVision, holds a total of 31.15% of the company's shares, with a personal wealth estimated at 50 billion yuan [5][6].

Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds, "韦尔转债," due to the issuance of new shares as part of its H-share listing process on the Hong Kong Stock Exchange [5][8]. Group 1: Convertible Bonds Information - The company issued 24.40 billion CNY worth of convertible bonds, totaling 24.4 million bonds, which were listed on January 22, 2021 [2]. - The conversion price before adjustment was 161.84 CNY per share, which has been adjusted to 159.38 CNY per share effective from January 14, 2026 [5][6]. - The adjustment was made in accordance with the company's bond issuance prospectus, which stipulates that the conversion price will be adjusted in the event of new share issuance [4][6]. Group 2: H-share Listing Details - The company is conducting a global offering of 45.8 million H-shares, with 4.58 million shares available for public offering in Hong Kong, representing 10% of the total offering [3][8]. - The offering price for the H-shares is set at 104.80 HKD per share, equivalent to approximately 94.28 CNY per share [3]. - The estimated net proceeds from the global offering, assuming no exercise of the over-allotment option, is approximately 4.742 billion HKD [8].

豪威集团表示，此次港股上市是公司向高质量发展、链接全球的重要里程碑。豪威集团总经理高文宝在 上市仪式上表示，依托"A+H"双资本平台，公司将持续完善全球化战略布局，坚持技术创新，携手全球 伙伴与人才，以科技赋能无限，共创智能可持续的未来。 中证报中证网讯（记者 乔翔）2026年1月12日，豪威集团在香港联合交易所主板挂牌上市，成为国内 CIS领域首家实现"A+H"上市的企业。 作为一家全球化Fabless（无晶圆厂模式）半导体设计公司，CMOS图像传感器（CIS）是豪威集团主要 产品。豪威集团主要从事三大业务线，包括图像传感器解决方案、显示解决方案以及模拟解决方案，能 够提供多样化的图像传感器、显示产品、模拟IC和其他半导体组件组合。 本次全球发售共计4580万股H股，最终发行价敲定每股104.80港元，募资总额约48亿港元（绿鞋前）， 由瑞银、中金公司、中国平安资本、广发证券担任联席保荐人，募集资金将用于研发投入、全球市场渗 透等方向，也将进一步支撑公司在高增长赛道的拓展与全球化布局。 ...

Core Viewpoint - The successful listing of OmniVision Technologies, Inc. on the Hong Kong Stock Exchange marks a significant milestone for the company and reflects the globalization of China's semiconductor industry [4] Group 1: Company Overview - OmniVision Technologies, Inc. (referred to as "OmniVision Group") officially listed on the Hong Kong Stock Exchange on January 12, with its stock price rising 16.22% to HKD 121.80 per share, achieving a market capitalization exceeding HKD 150 billion [1] - The global offering consisted of 45.8 million H shares, with a final issue price set at HKD 104.80 per share, raising approximately HKD 4.8 billion (pre-green shoe) [1] - The funds raised will be allocated towards research and development, global market penetration, and supporting the company's expansion in high-growth sectors [1] Group 2: Business Focus and Product Applications - OmniVision Group operates as a fabless semiconductor design company, primarily focusing on three business lines: image sensor solutions, display solutions, and analog solutions [1] - The company is the third-largest digital image sensor supplier globally, with a market share of 13.7% in 2024 [1] - The product applications span across high-growth sectors such as smartphones, automotive, medical, security, and emerging markets like machine vision and AI [2] Group 3: Financial Performance - For the first three quarters of 2025, OmniVision Group reported revenue of CNY 21.783 billion, a year-on-year increase of 15.20%, and a net profit attributable to shareholders of CNY 3.210 billion, up 35.15% [3] - In Q3, the company achieved revenue of CNY 7.827 billion, a 14.81% increase year-on-year, and a net profit of CNY 1.182 billion, growing 17.26% [3] - The growth in revenue and profit is attributed to the company's strategic positioning in the automotive smart driving sector and expansion in smart imaging applications [3] Group 4: Strategic Implications of Listing - The dual listing (A+H) is expected to enhance OmniVision Group's financing channels and international brand influence, leveraging the diverse investor structure of the Hong Kong market [4] - The listing will also facilitate the optimization of corporate governance and improve information disclosure standards, aligning with international benchmarks for sustainable long-term development [4] - The company aims to continue its global strategic layout and technological innovation, collaborating with global partners to create a sustainable future [4]

Group 1 - The company,豪威集团, announced an adjustment in the conversion price of its "韦尔转债" (Weir Convertible Bonds) from the original 161.84 CNY per share to 159.38 CNY per share [1] - The adjusted conversion price will take effect starting January 14, 2026 [1] - The conversion of "韦尔转债" will be suspended on January 13, 2026, and will resume on January 14, 2026 [1]

Core Viewpoint - OmniVision Integrated Circuits Group (豪威集团) successfully listed on the Hong Kong Stock Exchange, closing at HKD 121.80 with a 16.22% increase on the first day of trading [1]. Group 1: Company Overview - OmniVision is a global fabless semiconductor design company, primarily focused on CMOS image sensors (CIS) [2]. - The company issued a total of 45,800,000 shares, with 4,580,000 shares available for public offering in Hong Kong and 41,220,000 shares for international offering [2][3]. Group 2: Financial Details - The final offering price was HKD 104.8 per share, raising a total of HKD 4,799.8 million, with a net amount of HKD 4,693.2 million after deducting estimated listing expenses of HKD 106.7 million [3][4]. - The funds raised will be used for investment in key technology R&D, enhancing global market penetration, business expansion, strategic investments and/or acquisitions, working capital, and general corporate purposes [4]. Group 3: Key Investors - Major cornerstone investors include Wildlife Willow Limited, UBS Asset Management (Singapore) Ltd., Formosa Opportunity Limited, and others, collectively acquiring 20,740,200 shares, representing 45.28% of the total shares allocated [6][7]. Group 4: Revenue and Profit Projections - Projected revenues for OmniVision for the years ending December 31 for 2022, 2023, and 2024 are RMB 20,040.2 million, RMB 20,984.3 million, and RMB 25,706.8 million, respectively [8]. - The projected net profits for the same periods are RMB 951.0 million, RMB 544.0 million, and RMB 3,278.6 million, respectively [9].

Core Viewpoint - The company,豪威集团, announced an adjustment to the conversion price of its "韦尔转债" due to a new share issuance, changing from 161.84 CNY per share to 159.38 CNY per share, effective from January 14, 2026 [1] Summary by Relevant Sections - **Share Issuance Impact** The adjustment in the conversion price is a direct result of the company's new share issuance [1] - **Conversion Price Details** The new conversion price of "韦尔转债" will be 159.38 CNY per share, down from the previous price of 161.84 CNY per share [1] - **Effective Dates** The adjusted conversion price will take effect on January 14, 2026, with the conversion of "韦尔转债" ceasing on January 13, 2026, and resuming on January 14, 2026 [1]