The Zhitong Finance App learned that Junzheng shares (03223) were listed for the first time. According to the announcement, each share was priced at HK$100. A total of 31.2873 million shares were issued, 100 shares per lot, with a net proceeds of about HK$3,055 billion. As of press release, there was no increase or decrease. It was reported at HK$100, with a turnover of HK$135 million.

According to the prospectus, Junzheng Co., Ltd. is a “storage+computing+simulation” chip provider. Using industry trends and proprietary technology, the company provides memory chips optimized for AI workloads, computing chips with chip acceleration and inference functions, and analog chips that achieve intelligent sensing and power management. The company's products are widely used in automotive electronics, industrial medicine, AIoT and intelligent security equipment.

The company's business model is a fabric-free model. Based on this, the company focuses on chip development and design, while cooperating with leading fabs and packaging and testing foundries to ensure business scalability. Through endogenous growth and strategic acquisitions, the company became a company with a comprehensive product portfolio. According to Frost & Sullivan, the company occupies a leading position in key markets around the world and continues to empower development and innovation in cutting-edge fields of technology such as automotive electronics and end-side AI.

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