23.5 bilyan, Suzhou's super unicorn wuxuu u socdaa IPO

Ka dib 9 sano oo ganacsi ah, Innoscience waxay kor u qaaday in ka badan 6 bilyan oo yuan guud ahaan maalgelinta, qiimaheeduna wuxuu gaadhay 23.5 bilyan yuan oo yaab leh. Liiska maalgashadayaasha waa ilaa iyo daraasiin shirkadood: Fukun Venture Capital, Hantida Dawladdu leedahay ee Dongfang, Suzhou Zhanyi, Maalgashiga Warshadaha Wujiang, Shenzhen Business Venture Capital, Ningbo Jiake Investment, Jiaxing Jinhu Investment, Zhuhai Venture Capital, Capital Venture Capital. CMB International Capital, Everest Venture Capital, Huaye Tiancheng Capital, Zhongtian Huifu, Haoyuan Enterprise, SK China, ARM, Titanium Capital ayaa horseeday maalgashiga, Yida Capital, Haitong Innovation, China-Belgium Fund, SAIF Gaopeng, Maalgashiga Securities CMB, Wuhan Hi-Tech, Dongfang Fuxing, Yonggang Group, Huaye Tiancheng Capital… Waxa cajiib ah waa in Zeng Yuqun ee CATL waxa kale oo uu 200 milyan yuan ku maalgaliyay magaciisa gaarka ah.

Waxaa la aasaasay 2015, Innoscience waa hogaamiyaha caalamiga ah ee jiilka saddexaad ee semiconductor silicon-based gallium nitride, sidoo kale waa shirkadda kaliya ee IDM ee adduunka oo isku mar ah soo saari karta gallium nitride chips sare iyo hooseeya. Tignoolajiyada Semiconductor-ka ayaa inta badan loo arkaa inay tahay warshad ay ragga ku badan yihiin, laakiin aasaasaha Innoscience waa dhakhtar dumar ah, sidoo kale waa hal-abuur ganacsi oo isdhaafsan, taas oo runtii ah mid soo jiidasho leh.

Saynisyahanada dumarka ah ee NASA waxay ka gudbaan warshadaha si ay u sameeyaan jiilka saddexaad ee semiconductors

Innoscience waxay leedahay farabadan PhDs halkan fadhiya.

Marka hore waa aasaasaha dhakhtarka Luo Weiwei, 54 jir ah, kaas oo ah dhakhtar xirfadeed xisaabeed oo ka socda Jaamacadda Massey ee New Zealand. Markii hore, Luo Weiwei wuxuu NASA uga soo shaqeeyay 15 sano, laga bilaabo maamulaha mashruuca sare ilaa saynisyahan sare. Ka dib markii uu ka tagay NASA, Luo Weiwei wuxuu doortay inuu bilaabo ganacsi. Marka lagu daro Innoscience, Luo Weiwei sidoo kale waa agaasime ka mid ah bandhigga iyo baarista tignoolajiyada yar-yar ee cilmi-baarista iyo horumarinta. "Luo Weiwei waa ganacsade aragti heer caalami ah oo saynis iyo aragti leh." Prospectus ayaa yiri.

Mid ka mid ah la-hawlgalayaasha Luo Weiwei waa Wu Jingang, oo ka helay shahaadada kimistariga ee Akadeemiyada Sayniska Shiinaha 1994 oo u shaqeeya maamule guud. La-hawlgalayaasha kale waa Jay Hyung Son, oo khibrad ganacsi u leh semiconductors oo haysta shahaadada Bachelor of Science ee Jaamacadda California, Berkeley.

Shirkaddu waxa kale oo ay leedahay koox dhakhaatiir ah, oo uu ku jiro Wang Can, Ph.D. ee Fiisigiska ee Jaamacadda Peking, Dr. Yi Jiming, oo ah borofisar ka tirsan Dugsiga Sharciga ee Jaamacadda Huazhong ee Sayniska iyo Teknolojiyada, Dr. Yang Shining, oo ah madaxweyne ku-xigeenkii hore ee horumarinta tignoolajiyada iyo wax soo saarka ee SMIC, iyo Dr. Chen Zhenghao, hore Injineer sare ee Intel, aasaasaha Guangdong Jingke Electronics iyo qaataha Bronze Bauhinia Star ee Hong Kong…

Dhakhaatiir dumar ah ayaa Innoscience ku hogaamisay waddo horudhac ah oo lama filaan ah, iyada oo samaysay wax ay dad badan oo u dhuun daloola aanay ku dhiiran, geesinimo aan caadi ahayn. Luo Weiwei ayaa tan ka yiri bilawgan:

"Waxay ila tahay in waayo-aragnimadu aysan noqon mid caqabad ku ah horumarka. Haddii aad u malaynayso inay suurtogal tahay, dhammaan dareenkaaga iyo caqligaaga ayaa u furnaan doona, waxaadna heli doontaa hab aad ku sameyso. Waxaa laga yaabaa inay ahayd 15-kii sano ee ka shaqeynayey NASA ee u ururiyey geesinimo badan bilawgeyga xiga. Uma maleynayo inaan cabsi badan ka qabin sahaminta "Dhulka Ninna" Waxaan ku xukumi doonaa suurtagalnimada shaygan heerka fulinta, ka dibna waxaan u dhamaystiri doonaa talaabo talaabo sida macquulka ah. Horumarkeena ilaa hadda waxa kale oo uu caddeeyey in aanay dunidan ka jirin waxyaabo badan oo aan la fulin karin”.

Kooxdan tayada farsamada sare ah ayaa isu soo ururay, iyaga oo ujeedadoodu tahay guriga bannaan ee gallium nitride power semiconductors. Hadafkayagu aad buu u cad yahay, si loo dhiso saldhigga wax-soo-saarka gallium nitride-ka adduunka ugu weyn kaas oo qaata qaab silsilad warshadeed buuxa oo isku-dhafan naqshadeynta, cilmi-baarista iyo horumarinta, wax-soo-saarka iyo iibinta.

Waa maxay sababta qaabka ganacsigu aad muhiim ugu yahay? Cilmi la'aantu waxay leedahay fikrad cad.

Si loo gaaro codsiga baahsan ee tignoolajiyada gallium nitride ee suuqa, waxqabadka wax soo saarka iyo isku halaynta ayaa ah kaliya aasaaska, iyo seddex dhibcood oo kale oo xanuun ah ayaa loo baahan yahay in la xalliyo.

Ka hore waa kharash. Qiimo jaban waa in la dejiyaa si dadku diyaar ugu noqdaan isticmaalka. Midda labaad waa in la yeesho awood wax-soo-saar ballaaran oo ballaaran. Saddexaad, si loo hubiyo xasilloonida silsiladda sahayda qalabka, macaamiishu waxay naftooda u huraan horumarinta alaabada iyo nidaamyada. Sidaa darteed, kooxdu waxay soo gabagabaysay in kaliya iyada oo la ballaarinayo awoodda wax-soo-saarka aaladaha gallium iyo haysashada khad wax-soo-saar madax-bannaan oo la xakameyn karo ayaa la xallin karaa dhibcaha xanuunka ee kor u qaadista ballaaran ee gallium nitride qalabka elektiroonigga ah ee suuqa.

Istaraatiijiyad ahaan, Innoscience waxay si istiraatijiyad ah u qaadatay 8-inch wafers bilowgii. Waqtigan xaadirka ah, cabbirka semiconductors iyo isku xirnaanta adag ee hababka wax soo saarka ayaa si aad ah u koraya. Dhammaan jiilka saddexaad ee horumarinta semiconductor-ka, shirkado badan ayaa wali isticmaalaya hababka 6-inch ama 4-inch, iyo Innoscience waxay horeyba u tahay hormuudka warshadaha kaliya ee sameeya jajabyada leh hababka 8-inch.

Aqoon la'aantu waxay leedahay awoodo fulineed oo xooggan. Maanta, kooxdu waxay xaqiiqsadeen qorshihii hore waxayna leeyihiin laba saldhig oo wax soo saar oo gallium nitride ku salaysan oo 8-inch ah. Waa soo saaraha aaladaha gallium nitride ee ugu awoodda badan adduunka.

Sidoo kale sababta oo ah nuxurka tignoolajiyada sare iyo xoojinta aqoonta, shirkaddu waxay leedahay ilaa 700 oo shatiyo iyo codsiyo patent adduunka oo dhan ah, oo daboolaya meelaha muhiimka ah sida naqshadeynta chip, qaab dhismeedka aaladda, wax soo saarka wafer, baakadaha iyo tijaabinta kalsoonida. Tani waxay sidoo kale ahayd mid si xad dhaaf ah indhaha u soo jiidatay caalamka. Markii hore, Innoscience waxay wajahday saddex dacwadood oo ay gudbiyeen laba tartan oo ajnabi ah oo ku saabsan ku xadgudubka hantida garaadka ee suurtogalka ah ee dhowr ka mid ah alaabta shirkadda. Si kastaba ha ahaatee, Innoscience waxay sheegtay inay ku kalsoon tahay inay gaari doonto guul kama dambays ah oo dhammaystiran oo laga gaaro khilaafka.

Dakhliga sanadkii hore wuxuu ahaa ku dhawaad ​​600 milyan

Waad ku mahadsan tahay saadaasha saxda ah ee isbeddellada warshadaha iyo cilmi-baarista badeecada iyo awoodaha horumarinta, Innoscience waxay gaartay kobac degdeg ah.

Saadaasha ayaa muujineysa in laga bilaabo 2021 ilaa 2023, Innoscience's dakhligiisu wuxuu noqon doonaa 68.215 milyan yuan, 136 milyan yuan iyo 593 milyan yuan, siday u kala horreeyaan, oo leh kobac sanadle ah oo isku dhafan oo ah 194.8%.

Waxaa ka mid ah, macaamiisha ugu weyn ee Innoscience waa “CATL”, CATL waxay ku biirisay 190 milyan yuan dakhliga shirkadda 2023, taasoo ka dhigan 32.1% wadarta dakhliga.

Cilmi-la'aanta, oo dakhligoodu sii kordho, weli faa'iido ma samayn. Muddada warbixintan, Innoscience waxay lumisay 1 bilyan yuan, 1.18 bilyan yuan iyo 980 milyan yuan, wadar ahaan 3.16 bilyan yuan.

Marka la eego qaabka gobolka, Shiinuhu waa diiradda ganacsiga ee Innoscience, oo leh dakhliyada 68 milyan, 130 milyan iyo 535 milyan muddada warbixinta, xisaabinta 99.7%, 95.5% iyo 90.2% wadarta dakhliga isla sanadkaas.

Qaabka dibadda ayaa sidoo kale si tartiib tartiib ah loo qorsheeyay. Marka laga soo tago samaynta warshadaha Suzhou iyo Zhuhai, Innoscience waxay sidoo kale ka dhistay shirkado hoos yimaada Silicon Valley, Seoul, Belgium iyo meelo kale. Waxqabadku sidoo kale si tartiib tartiib ah ayuu u korayaa. Intii u dhaxaysay 2021 ilaa 2023, suuqa shirkadu ku leedahay dibada waxa uu ka ahaa 0.3%, 4.5% iyo 9.8% wadarta dakhliga isla sanadkaas, dakhliga 2023 waxa uu ku dhaw yahay 58 milyan yuan.

Sababta ay u gaari karto horumarka degdega ah ee horumarka ayaa inta badan sabab u ah istiraatijiyaddeeda jawaabta: Marka la eego baahida isbeddelka ee macaamiisha hoose ee goobaha codsiyada kala duwan, Innoscience waxay leedahay laba gacmood. Dhanka kale, waxay diiradda saartaa jaangooyooyinka alaabada waaweyn, taas oo si dhakhso ah u ballaarin karta miisaanka wax-soo-saarka iyo kicinta wax soo saarka. Dhanka kale, waxay diiradda saartaa naqshadaynta la habeeyey si ay si dhakhso ah uga jawaabto baahiyaha xirfadeed ee macaamiisha.

Sida laga soo xigtay Frost & Sullivan, Innoscience waa shirkaddii ugu horreysay ee adduunka ee ku guulaysata wax soo saarka baaxadda leh ee 8-inch oo ah gallium nitride wafers oo silicon ku salaysan, iyada oo 80% ay korodhay wax soo saarka wafer-ka iyo 30% hoos u dhaca qiimaha hal qalab. Dhamaadka 2023, awoodda naqshadeynta caanaha waxay gaari doontaa 10,000 oo wafer bishii.

2023, Innoscience waxay siisay gallium nitride alaabada ilaa 100 macaamiil gudaha iyo dibadaba, waxayna soo saartay xalalka badeecada ee lidar, xarumaha xogta, isgaarsiinta 5G, cufnaanta sare iyo dallacaadda degdega ah, dallacaadda wireless-ka, xajiyeyaasha baabuurta, darawalada iftiinka LED, iwm. Shirkaddu waxay kaloo la shaqaysaa soo-saareyaasha gudaha iyo kuwa shisheeye sida Xiaomi, OPPO, BYD, ON Semiconductor, iyo MPS marka la isticmaalayo codsiga. horumarinta.

Zeng Yuqun wuxuu maalgashaday 200 milyan yuan, waxaana soo muuqday 23.5 bilyan oo super unicorn ah.

Semiconductor-jiilka saddexaad shaki la'aan waa waddo aad u weyn oo sharma mustaqbalka. Maaddaama tignoolajiyada ku saleysan silikon ay u soo dhowaaneyso xadka horumarinta, jiilka seddexaad ee semiconductors oo ay matalaan gallium nitride iyo silicon carbide waxay noqonayaan mowjad hogaamineysa jiilka xiga ee tignoolajiyada macluumaadka.

Maaddada jiilka saddexaad ee semiconductor, gallium nitride waxay leedahay faa'iidooyinka iska caabbinta heerkulka sare, caabbinta korantada sare, soo noqnoqda sare, awood sare, iwm, waxayna leedahay heerka beddelka tamarta sare iyo cabbir yar. Marka la barbardhigo aaladaha silikoon, waxay yarayn kartaa luminta tamarta in ka badan 50% waxayna yaraynaysaa mugga qalabka in ka badan 75%. Rajada codsigu aad bay u ballaadhan tahay. Iyada oo qaan-gaarnimada tignoolajiyada wax-soo-saarka ballaaran, baahida gallium nitride waxay keeni doontaa korriin qarxa.

Iyada oo leh waddo wanaagsan iyo koox adag, Innoscience ayaa si dabiici ah caan uga ah suuqa aasaasiga ah. Raasamaal indho fiiqan leh ayaa u xusul duubaya inay maalgashadaan. Ku dhawaad ​​wareeg kasta oo maalgelinta Innoscience waa lacag aad u badan oo maalgelin ah.

Rajada ayaa muujinaysa in Innoscience uu taageero ka helay maalgelinta warshadaha maxalliga ah sida Suzhou Zhanyi, Zhaoyin No. 1, Zhaoyin Win-Win, Wujiang Warshadaha Maalgashiga, iyo Shenzhen Business Venture Capital tan iyo markii la aasaasay. Bishii Abriil 2018, Innoscience waxay maalgashi ka heshay Ningbo Jiake Investment iyo Jiaxing Jinhu, oo leh qadar maalgashi oo 55 milyan yuan ah iyo caasimad ka diiwaan gashan 1.78 bilyan yuan. Bishii Luulyo isla sanadkaas, Zhuhai Venture Capital waxay samaysay maalgashi istiraatijiyadeed oo dhan 90 milyan yuan xagga Innoscience.

2019, Innoscience waxay dhamaystirtay maalgelinta wareega B ee 1.5 bilyan yuan, iyada oo maalgashadayaasha ay ka mid yihiin Tongchuang Excellence, Xindong Venture Capital, National Venture Capital, Everest Venture Capital, Huaye Tiancheng, CMB International, iwm, waxayna soo bandhigtay SK China, ARM, Technology Instant iyo Jinxin Microelectronics. Waqtigaan, Innoscience waxay leedahay 25 saamileyaal.

Bishii Maajo 2021, shirkaddu waxay dhamaystirtay maalgelinta wareega C ee 1.4 bilyan yuan, iyada oo maalgashadayaasha ay ka mid yihiin: Shenzhen Co-Creation Future, Zibo Tianhui Hongxin, Suzhou Qijing Investment, Xiamen Huaye Qirong iyo machadyo kale oo maalgashi. Wareeggan maalgelinta, Zeng Yuqun waxa uu iska diiwaan galiyay Innoscience's caasimad ka diiwaan gashan oo ah 75.0454 milyan yuan oo leh 200 milyan yuan maalgeliye ahaan.

Bishii Febraayo 2022, shirkaddu waxay mar kale dhamaystirtay maalgelinta wareega D ee ilaa 2.6 bilyan yuan, oo ay hogaaminayso Titanium Capital, oo ay ku xigto Yida Capital, Haitong Innovation, China-Belgium Fund, CDH Gaopeng, CMB Investment iyo machadyo kale. Maaddaama uu yahay maal-galiye hormuudka ah wareeggan, Titanium Capital waxa ay ku biirisay in ka badan 20% caasimadda wareeggan sidoo kale waa maalgeliyaha ugu weyn, isaga oo geliyey 650 milyan yuan.

Bishii Abriil 2024, Wuhan Hi-Tech iyo Dongfang Fuxing waxay maalgaliyeen 650 milyan oo yuan kale si ay u noqdaan maalgashadayaasha wareega wareega ah. Saadaasha ayaa muujineysa in wadarta guud ee maalgelinta Innoscience ay dhaaftay 6 bilyan yuan ka hor IPO-keeda, qiimaheeduna waxa uu gaaray 23.5 bilyan yuan, kaas oo lagu magacaabi karo super unicorn.

Sababta ay machadyadu ugu soo qulquleen inay maalgashadaan Innoscience waa, sida Gao Yihui, aasaasaha Titanium Capital, uu yidhi, “Gallium nitride, oo ah nooc cusub oo ah walxo semiconductor, waa goob cusub. Waxa kale oo ay ka mid tahay dhawrka beerood ee aan ka fogayn dalal shisheeye oo ay u badan tahay in ay dalkayga qabsato. Rajada suuqa waa mid aad u ballaaran."

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Waqtiga boostada: Jun-28-2024
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