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2026 IPO bonanza! Over 90% of new stocks rose on their debut!
牛牛新股君
joined discussion · Feb 10 07:34

IPO Pricing | AIXIN Intelligence goes public today, over 100 times subscribed, priced at HKD 28.2 per share, with a 18% chance of receiving an allocation for one lot

Futu Information reported on February 10$AXERA (00600.HK)$The allotment results were announced, with shares priced at HKD 28.2 each, and a total of 104,915,200 shares issued. Each lot consists of 100 shares, with official listing commencing today.
During the public offering phase, AIXIN Intelligence was subscribed 104.82 times. The final number of shares allocated in the public offering amounted to 10,491,600, accounting for approximately 10% of the total shares offered. A total of around 85,091 valid applications were received, with approximately 40,330 processed applications. For those applying for one lot, the allocation rate as a percentage of total applied shares is approximately 18%.
In addition, AIXIN Intelligence received 6.8 times subscription during the international placement phase. The final number of international placement shares was 94,423,600 shares, accounting for 90% of the total number of offering shares. Futu Information has compiled the relevant data in the table below:
Futu Information reported on February 10$AXERA (00600.HK)$The allotment results were announced, with shares priced at HKD 28.2 each, and a total of 104,915,200 shares issued. Each lot consists of 100 shares, with official listing commencing today. During the public offering phase, AIXIN Intelligence was subscribed 104.82 times. The final number of shares allocated in the public offering amounted to 10,491,600, accounting for approximately 10% of the total shares offered. A total of around 85,091 valid applications were received, with approximately 40,330 processed applications. For those applying for one lot, the allocation rate as a percentage of total applied shares is approximately 18%. In addition, during the international placement phase, AIXIN Intelligence was subscribed 6.8 times. The final number of shares allocated internationally amounted to 94,423,600, representing 90% of the total shares offered. Futu Information has compiled the relevant data in the table below: Company Overview The company is a supplier of AI inference system chips, focusing on creating high-performance perception and computing platforms for edge computing and terminal device AI applications. It is committed to building advanced AI computing infrastructure, promoting the widespread adoption of artificial intelligence, making AI accessible to all, and contributing to a better life. The core technology of the company's SoC products is the Aixintongyuan hybrid precision neural network processor, a specialized processing architecture that achieves excellent AI inference performance through advanced hybrid precision computing. This technology is crucial for the deployment of quantitative models, enabling AI inference on edge and terminal devices...
Futu Information reported on February 10$AXERA (00600.HK)$The allotment results were announced, with shares priced at HKD 28.2 each, and a total of 104,915,200 shares issued. Each lot consists of 100 shares, with official listing commencing today. During the public offering phase, AIXIN Intelligence was subscribed 104.82 times. The final number of shares allocated in the public offering amounted to 10,491,600, accounting for approximately 10% of the total shares offered. A total of around 85,091 valid applications were received, with approximately 40,330 processed applications. For those applying for one lot, the allocation rate as a percentage of total applied shares is approximately 18%. In addition, during the international placement phase, AIXIN Intelligence was subscribed 6.8 times. The final number of shares allocated internationally amounted to 94,423,600, representing 90% of the total shares offered. Futu Information has compiled the relevant data in the table below: Company Overview The company is a supplier of AI inference system chips, focusing on creating high-performance perception and computing platforms for edge computing and terminal device AI applications. It is committed to building advanced AI computing infrastructure, promoting the widespread adoption of artificial intelligence, making AI accessible to all, and contributing to a better life. The core technology of the company's SoC products is the Aixintongyuan hybrid precision neural network processor, a specialized processing architecture that achieves excellent AI inference performance through advanced hybrid precision computing. This technology is crucial for the deployment of quantitative models, enabling AI inference on edge and terminal devices...
Company Overview
The company is a supplier of AI inference system chips, focusing on creating high-performance perception and computing platforms for edge computing and terminal device AI applications. It is committed to building advanced AI computing infrastructure, promoting the widespread adoption of artificial intelligence, making AI accessible to all, and contributing to a better life. The core technology of the company's SoC products is the Aixintongyuan hybrid precision neural network processor, a specialized processing architecture that achieves excellent AI inference performance through advanced hybrid precision computing.
This technology is critical for deploying quantized models, enabling AI inference at the edge and on terminal devices. In particular, the rapidly expanding intelligent vehicle industry is driving the accelerated adoption of this technology. Complementing the hybrid precision NPU is the company’s Aixin Zhiyan (Axera Proton) AI-ISP, the world's first commercially scaled AI image signal processor. Aixin Zhiyan AI-ISP is an advanced image signal processing engine capable of optimizing visual data in real-time at the pixel level, ensuring high-quality imaging even under harsh conditions. Combined with other technologies from the company, such as the Pulsar2 toolchain and software development kit, these innovations address the fundamental 'computation' needs for AI inference, as well as the key 'perception' applications that create tangible value.
Financial Overview
The company’s revenue increased from RMB 50.2 million in 2022 to RMB 230.1 million in 2023, and further increased to RMB 472.9 million in 2024. Additionally, the company’s revenue rose from RMB 254.2 million for the nine months ended September 30, 2024, to RMB 269.0 million for the nine months ended September 30, 2025.
The company’s gross profit grew from RMB 13.0 million in 2022 to RMB 59.2 million in 2023, and further increased to RMB 99.4 million in 2024. It also rose from RMB 53.5 million for the nine months ended September 30, 2024, to RMB 57.0 million for the nine months ended September 30, 2025.
Futu Information reported on February 10$AXERA (00600.HK)$The allotment results were announced, with shares priced at HKD 28.2 each, and a total of 104,915,200 shares issued. Each lot consists of 100 shares, with official listing commencing today. During the public offering phase, AIXIN Intelligence was subscribed 104.82 times. The final number of shares allocated in the public offering amounted to 10,491,600, accounting for approximately 10% of the total shares offered. A total of around 85,091 valid applications were received, with approximately 40,330 processed applications. For those applying for one lot, the allocation rate as a percentage of total applied shares is approximately 18%. In addition, during the international placement phase, AIXIN Intelligence was subscribed 6.8 times. The final number of shares allocated internationally amounted to 94,423,600, representing 90% of the total shares offered. Futu Information has compiled the relevant data in the table below: Company Overview The company is a supplier of AI inference system chips, focusing on creating high-performance perception and computing platforms for edge computing and terminal device AI applications. It is committed to building advanced AI computing infrastructure, promoting the widespread adoption of artificial intelligence, making AI accessible to all, and contributing to a better life. The core technology of the company's SoC products is the Aixintongyuan hybrid precision neural network processor, a specialized processing architecture that achieves excellent AI inference performance through advanced hybrid precision computing. This technology is crucial for the deployment of quantitative models, enabling AI inference on edge and terminal devices...
Use of Proceeds
Regarding the use of proceeds, AIXIN Intelligence expects net proceeds from the global offering to be approximately HKD 2.7901 billion (based on the offer price of HKD 28.2). According to the prospectus, AIXIN Intelligence intends to allocate the global offering proceeds for the following purposes:
Approximately 60.0% will be used to invest in optimizing the company's existing technology platforms, primarily to enhance the high performance and efficiency of current products and launch new products over the next four years; around 15.0% will be allocated to R&D projects over the next four years, mainly to develop new technologies that expand the company’s business scope; about 5.0% will be used for sales expansion over the next four years; roughly 10.0% will be dedicated to equity investments or acquisitions aimed at further integrating upstream and downstream industry resources over the next four years; and about 10.0% will be used for working capital and other general corporate purposes.
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Futu Information reported on February 10$AXERA (00600.HK)$The allotment results were announced, with shares priced at HKD 28.2 each, and a total of 104,915,200 shares issued. Each lot consists of 100 shares, with official listing commencing today. During the public offering phase, AIXIN Intelligence was subscribed 104.82 times. The final number of shares allocated in the public offering amounted to 10,491,600, accounting for approximately 10% of the total shares offered. A total of around 85,091 valid applications were received, with approximately 40,330 processed applications. For those applying for one lot, the allocation rate as a percentage of total applied shares is approximately 18%. In addition, during the international placement phase, AIXIN Intelligence was subscribed 6.8 times. The final number of shares allocated internationally amounted to 94,423,600, representing 90% of the total shares offered. Futu Information has compiled the relevant data in the table below: Company Overview The company is a supplier of AI inference system chips, focusing on creating high-performance perception and computing platforms for edge computing and terminal device AI applications. It is committed to building advanced AI computing infrastructure, promoting the widespread adoption of artificial intelligence, making AI accessible to all, and contributing to a better life. The core technology of the company's SoC products is the Aixintongyuan hybrid precision neural network processor, a specialized processing architecture that achieves excellent AI inference performance through advanced hybrid precision computing. This technology is crucial for the deployment of quantitative models, enabling AI inference on edge and terminal devices...
Editor/Vincent
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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