Wafer testing core hardware probe card manufacturer Qiangyi Co., Ltd. (688809.SH) plans to go public on the Science and Technology Innovation Board IPO

According to the Zhitong Finance App, Qiangyi Shares (688809.SH) issued an initial public offering of shares and a prospectus of intent to list them on the Science and Technology Innovation Board. The number of shares publicly offered by the issuer is 32.3899 million shares, accounting for 25.00% of the total share capital after issuance. All of the shares in this public offering are new shares, and the issuer's current shareholders will not publicly sell shares. The initial inquiry date is December 16, 2025, and the subscription date is December 19, 2025.

The company is a high-tech enterprise focusing on semiconductor design and manufacturing, focusing on the R&D, design, production and sales of core hardware probe cards for wafer testing. The company has professional design capabilities for probe cards and their core components. It is a market-leading manufacturer with independent MEMS probe manufacturing technology and can mass-produce and sell MEMS probe cards, breaking the monopoly of overseas manufacturers in the field of MEMS probe cards.

According to the prospectus, the issuer achieved operating income of 254 million yuan, 354 million yuan and 641 million yuan respectively for the past three full years, and realized net profit attributable to the owners of the parent company was 15.622,400 yuan, 18.6577 million yuan, and 233.0097 million yuan, respectively.

After deducting the issuance fee, the funds raised in this offering will be invested in the following projects: 1.2 billion yuan for the Nantong probe card R&D and production project, and 300 million yuan for the Suzhou headquarters and R&D center construction project.