BASICSEMI
| Register Close | 2026/07/03 IPO Closing in 3 Days |
| Listing Date | 2026/07/08 |
| Register Close | 2026/07/03 IPO Closing in 3 Days |
| Listing Date | 2026/07/08 |
BASiC Semiconductor Co. was founded in 2016, and engages in the research, development, manufacturing and sales of silicon carbide (SiC) power devices in China. It primarily offers automotive- and industrial-grade SiC power modules, SiC discrete devices and power semiconductor gate drivers.
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According to the report, in terms of revenue in 2024, the Group ranked sixth in the China’s SiC power module markets with a market share of 2.9%, and ranked ninth and ninth, respectively, in China’s SiC discrete device market and power semiconductor gate driver market, with market share of 2.7% and 1.7%, respectively.
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The Group adopted an integrated device manufacturer (IDM) model in 2020. The majority of the Group’s revenue was derived from sales to the renewable energy and industrial application scenarios. As of December 31, 2025, the Group held 170 patents, and had filed 132 patent applications.
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As of June 22, 2026, the Group operated three production bases, namely, the Guangming production base, Wuxi production base and Pingshan testing base. The Group’s customers in the automotive industry are primarily leading automotive manufacturers and their Tier-1 Suppliers, and its customers in the renewable energy and industrial applications are primarily reputable companies operating in the wind power, solar power, energy storage and rail transportation sectors.
| Market | Hong Kong (Main Board) |
| Business Nature | Semiconductors |
| Major Business Area | China |
| Board Lot | 200 |
| No. of Offer Shares | 27.39M H shares |
| No. of International Offer Shares | 26.02M H shares |
| No. of HK Offer Shares | 1.37M H shares |
| Offer Price | $27.49 - $31.62 |
| Stock Code | 9971 |
| Sponsor(s) | Sinolink Securities (Hong Kong) Company Limited, BOCI Asia Limited |
| Underwriter(s) | Sinolink Securities (Hong Kong) Company Limited, BOCI Asia Limited, Fortune (HK) Securities Limited, Futu Securities International (Hong Kong) Limited, Guosen Securities (HK) Capital Company Limited, Patrons Securities Limited, Tiger Brokers (HK) Global Limited, TradeGo Markets Limited, Yue Xiu Securities Company Limited |
| Application Period | Jun 29 (Mon) - noon, Jul 03 (Fri) |
| Price Determination Date | Jul 06 (Mon) |
| Result Announcement Date | On or before Jul 07 (Tue) |
| Result Announcement Date | On or before Jul 07 (Tue) |
| Result Announcement Date | On or before Jul 08 (Wed) |
| Dealings in Shares commence on | Jul 08, 2026. (Wed) |
| Offer Price | $27.49 - $31.62 |
| Capitalization (H Shares) | -- |
| NAV / share ($) | -- |
| Assuming the offer price being at HKD 29.56, the net proceeds raised would be HKD 712.50M, of which |
| 60% : Expand production capacity of wafers and modules as well as purchase and upgrade equipment and machinery for production |
| 20% : R&D efforts in new SiC products and technological innovation |
| 10% : Expanding the global distribution network of SiC products |
| 10% : Working capital |
| Prospectus |
| Remark: | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
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