{"id":796985,"date":"2026-06-11T05:40:45","date_gmt":"2026-06-10T21:40:45","guid":{"rendered":"https:\/\/www.alphaseek.cn\/?p=796985"},"modified":"2026-06-11T05:40:45","modified_gmt":"2026-06-10T21:40:45","slug":"%e9%95%bf%e6%99%b6%e7%a7%91%e6%8a%80%e6%b7%b1%e4%b8%bb%e6%9d%bfipo%e8%8e%b7%e5%8f%97%e7%90%86-2025%e5%b9%b4%e5%87%80%e5%88%a9%e6%b6%a63-49%e4%ba%bf%e5%85%83","status":"publish","type":"post","link":"https:\/\/www.alphaseek.cn\/?p=796985","title":{"rendered":"\u957f\u6676\u79d1\u6280\u6df1\u4e3b\u677fIPO\u83b7\u53d7\u7406 2025\u5e74\u51c0\u5229\u6da63.49\u4ebf\u5143"},"content":{"rendered":"<p>6\u670810\u65e5\uff0c\u6c5f\u82cf\u957f\u6676\u79d1\u6280\u80a1\u4efd\u6709\u9650\u516c\u53f8\u4e3b\u677f<a href=\"https:\/\/www.alphaseek.cn\/?tag=ipo\" title=\"View all posts in IPO\" target=\"_blank\" class=\"tag_link\">IPO<\/a>\u83b7\u6df1\u4ea4\u6240\u53d7\u7406\u3002<\/p>\n<p>\u62db\u80a1\u8bf4\u660e\u4e66\u663e\u793a\uff0c\u957f\u6676\u79d1\u6280\u4e8e2018\u5e7412\u6708\u6ce8\u518c\u4e8e\u6c5f\u5317\u65b0\u533a\uff0c\u662f\u4e00\u5bb6\u56fd\u5185\u9886\u5148\u7684Fabless\u4e0eIDM\u6a21\u5f0f\u5e76\u884c\u7684<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK1217\" data-code=\"90,BK1217\" rel=\"noopener\">\u7efc\u5408<\/a><\/span><span><\/span>\u578b<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK1036\" data-code=\"90,BK1036\" rel=\"noopener\">\u534a\u5bfc\u4f53<\/a><\/span><span><\/span>\u4f01\u4e1a\uff0c\u4e3b\u8425\u4ea7\u54c1\u6db5\u76d6\u4e8c\u6781\u7ba1\u3001\u4e09\u6781\u7ba1\u3001MOSFET\u3001IGBT\u7b49<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK1327\" data-code=\"90,BK1327\" rel=\"noopener\">\u5206\u7acb\u5668\u4ef6<\/a><\/span><span><\/span>\u3001\u7535\u6e90\u7ba1\u7406IC\u53ca<span web=\"1\"  target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK1327\" data-code=\"90,BK1327\">\u5206\u7acb\u5668\u4ef6<\/span>\u6676\u5706\u7b49\u591a\u79cd<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK1201\" data-code=\"90,BK1201\" rel=\"noopener\">\u7535\u5b50<\/a><\/span><span><\/span>\u5143\u5668\u4ef6\u3002\u516c\u53f8\u5177\u5907\u4e0a\u4e07\u79cd\u89c4\u683c\u578b\u53f7\u4ea7\u54c1\u7684\u91cf\u4ea7\u80fd\u529b\uff0c\u662f\u56fd\u5185\u4ea7\u54c1\u95e8\u7c7b\u9f50\u5168\u3001\u7cfb\u5217\u4e30\u5bcc\u7684<span web=\"1\"  target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK1327\" data-code=\"90,BK1327\">\u5206\u7acb\u5668\u4ef6<\/span>\u4e0e\u7535\u6e90\u7ba1\u7406IC\u4f01\u4e1a\u3002<\/p>\n<p>\u516c\u53f8\u4ee5<span web=\"1\"  target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK1036\" data-code=\"90,BK1036\">\u534a\u5bfc\u4f53<\/span>\u4ea7\u54c1\u7814\u53d1\u3001\u8bbe\u8ba1\u4e0e\u9500\u552e\u8d77\u6b65\uff0c\u51ed\u501f\u5185\u751f\u53d1\u5c55\u4e0e\u5916\u5ef6<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%b9%b6%e8%b4%ad\" title=\"View all posts in \u5e76\u8d2d\" target=\"_blank\" class=\"tag_link\">\u5e76\u8d2d<\/a>\u53cc\u8f6e\u9a71\u52a8\uff0c\u9010\u6b65\u5b9e\u73b0\u4eceFabless\u6a21\u5f0f\u5230\u90e8\u5206\u4ea7\u54c1IDM\u6a21\u5f0f\u7684\u6f14\u53d8\u3002\u5176\u4e2d\uff0c\u516c\u53f8\u5728\u53d1\u5c55\u8fc7\u7a0b\u4e2d<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%94%b6%e8%b4%ad\" title=\"View all posts in \u6536\u8d2d\" target=\"_blank\" class=\"tag_link\">\u6536\u8d2d<\/a>\u6574\u5408\u4e86\u65b0\u987a\u5fae<span web=\"1\"  target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK1201\" data-code=\"90,BK1201\">\u7535\u5b50<\/span>\u3001\u6d77\u5fb7<span web=\"1\"  target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK1036\" data-code=\"90,BK1036\">\u534a\u5bfc\u4f53<\/span>\u7b49\u4ea7\u4e1a<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e8%b5%84%e6%ba%90\" title=\"View all posts in \u8d44\u6e90\" target=\"_blank\" class=\"tag_link\">\u8d44\u6e90<\/a>\uff0c\u65b0\u8bbe\u957f\u6676\u6d66\u8054\u63d0\u9ad8\u5c01\u6d4b\u81ea\u4ea7\u80fd\u529b\uff0c\u5efa\u7acb\u5177\u5907CNAS\u3001CMA\u8d44\u8d28\u7684\u68c0\u6d4b\u5b50\u516c\u53f8\uff0c\u9010\u6b65\u5f62\u6210\u4e86\u8986\u76d6<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e8%8a%af%e7%89%87\" title=\"View all posts in \u82af\u7247\" target=\"_blank\" class=\"tag_link\">\u82af\u7247<\/a>\u8bbe\u8ba1\u3001\u6676\u5706\u5236\u9020\u548c\u5c01\u88c5\u6d4b\u8bd5\u7684\u5168\u4ea7\u4e1a\u94fe\u4e1a\u52a1\u80fd\u529b\uff0c\u90e8\u5206\u4ea7\u54c1\u5df2\u5177\u5907\u4ece\u4ea7\u54c1\u5b9a\u4e49\u8bbe\u8ba1\u3001\u6676\u5706\u5236\u9020\u5230\u5c01\u88c5\u6d4b\u8bd5\u7684\u4e00\u4f53\u5316\u751f\u4ea7\u7ecf\u8425\u80fd\u529b\u3002<\/p>\n<p>\u516c\u53f8\u662f\u56fd\u5bb6\u9ad8\u65b0\u6280\u672f\u4f01\u4e1a\u3001\u5de5\u4fe1\u90e8\u8ba4\u5b9a\u7684\u56fd\u5bb6\u7ea7<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK1005\" data-code=\"90,BK1005\" rel=\"noopener\">\u4e13\u7cbe\u7279\u65b0<\/a><\/span><span><\/span>\u201c\u5c0f\u5de8\u4eba\u201d\u4f01\u4e1a\uff0c\u8fde\u7eed\u516d\u5e74\u5165\u9009\u201c\u4e2d\u56fd\u534a\u5bfc\u4f53\u529f\u7387\u5668\u4ef6\u5341\u5f3a\u4f01\u4e1a\u201d\u3002<\/p>\n<p>2023\u5e74\u81f32025\u5e74\uff0c\u957f\u6676\u79d1\u6280<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e4%b8%9a%e7%bb%a9\" title=\"View all posts in \u4e1a\u7ee9\" target=\"_blank\" class=\"tag_link\">\u4e1a\u7ee9<\/a>\u6301\u7eed\u589e\u957f\uff0c\u5206\u522b\u5b9e\u73b0\u8425\u653622.60\u4ebf\u5143\u300126.78\u4ebf\u5143\u548c29.85\u4ebf\u5143\uff0c\u5206\u522b\u5b9e\u73b0\u51c0\u5229\u6da61.67\u4ebf\u5143\u30012.42\u4ebf\u5143\u548c3.49\u4ebf\u5143\u30022025\u5e74\u8425\u6536\u4e0e\u51c0\u5229\u6da6\u5206\u522b\u589e\u957f11.49%\u548c44.03%\u3002<\/p>\n<p>\u516c\u53f8\u4ea7\u54c1\u5df2\u6210\u529f\u5e94\u7528\u4e8e<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK1037\" data-code=\"90,BK1037\" rel=\"noopener\">\u6d88\u8d39\u7535\u5b50<\/a><\/span><span><\/span>\u3001\u5de5\u4e1a\u63a7\u5236\u3001<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK1211\" data-code=\"90,BK1211\" rel=\"noopener\">\u6c7d\u8f66<\/a><\/span><span><\/span><span web=\"1\"  target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK1201\" data-code=\"90,BK1201\">\u7535\u5b50<\/span>\u3001<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK0493\" data-code=\"90,BK0493\" rel=\"noopener\">\u65b0\u80fd\u6e90<\/a><\/span><span><\/span>\u3001<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/0.300024\" data-code=\"0,300024\" rel=\"noopener\">\u673a\u5668\u4eba<\/a><\/span><span><\/span>\u53ca\u670d\u52a1\u5668\u7b49\u6570\u5341\u4e2a\u884c\u4e1a\u9886\u57df\u3002\u516c\u53f8\u81ea\u4e3b\u7814\u53d1\u7684\u6676\u5706\u7ea7\u5c01\u88c5MOSFET\uff08CSPMOSFET\uff09\u7ecf\u4e2d\u56fd\u534a\u5bfc\u4f53\u884c\u4e1a\u534f\u4f1a\u3001\u6c5f\u82cf\u7701\u5de5\u4fe1\u5385\u9274\u5b9a\u4e3a\u56fd\u5185\u9886\u5148\u3001\u56fd\u9645\u5148\u8fdb\u6c34\u5e73\uff0c\u5728\u4e2d\u56fd\u5e02\u573a\u5360\u6709\u7387\u4f4d\u5c45\u5168\u884c\u4e1a\u7b2c3\u540d\u3002\u6b64\u5916\uff0c\u516c\u53f8\u62ab\u9732\u6b63\u5728\u6301\u7eed\u63a8\u8fdbMOSFET\u3001IGBT\u53ca<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK0952\" data-code=\"90,BK0952\" rel=\"noopener\">\u7b2c\u4e09\u4ee3\u534a\u5bfc\u4f53<\/a><\/span><span><\/span>\u3001\u7535\u6e90\u7ba1\u7406IC\u7b49\u4ea7\u54c1\u7684\u7814\u53d1\u4e0e\u4ea7\u4e1a\u5316\u3002<\/p>\n<p>\u957f\u6676\u79d1\u6280\u80a1\u4e1c\u9635\u5bb9<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/106.DLX\" data-code=\"106,DLX\" rel=\"noopener\">\u8c6a\u534e<\/a><\/span><span><\/span>\uff0c\u5305\u62ec\u4e2d\u82af\u805a\u6e90\u3001\u6df1<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK0506\" data-code=\"90,BK0506\" rel=\"noopener\">\u521b\u6295<\/a><\/span><span><\/span>\u3001\u56fd\u5bb6\u96c6\u6210\u7535\u8def\u4ea7\u4e1a<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%8a%95%e8%b5%84\" title=\"View all posts in \u6295\u8d44\" target=\"_blank\" class=\"tag_link\">\u6295\u8d44<\/a>\u57fa\u91d1\u3001<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%b0%8f%e7%b1%b3\" title=\"View all posts in \u5c0f\u7c73\" target=\"_blank\" class=\"tag_link\">\u5c0f\u7c73<\/a>\u957f\u6c5f\u4ea7\u4e1a\u57fa\u91d1\u3001<a href=\"https:\/\/www.alphaseek.cn\/?tag=oppo\" title=\"View all posts in OPPO\" target=\"_blank\" class=\"tag_link\">OPPO<\/a>\u3001<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/1.688036\" data-code=\"1,688036\" rel=\"noopener\">\u4f20\u97f3\u63a7\u80a1<\/a><\/span><span><\/span>\u7b49\u77e5\u540d\u4ea7\u4e1a\u8d44\u672c\u53ca\u56fd\u5bb6\u7ea7\u6295\u8d44\u57fa\u91d1\u30022025\u5e746\u6708\uff0c\u516c\u53f8\u5b8c\u6210\u4ebf\u5143\u7ea7C\u8f6e<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e8%9e%8d%e8%b5%84\" title=\"View all posts in \u878d\u8d44\" target=\"_blank\" class=\"tag_link\">\u878d\u8d44<\/a>\uff0c\u5f15\u5165\u6c5f\u82cf\u7701<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK0494\" data-code=\"90,BK0494\" rel=\"noopener\">\u8282\u80fd\u73af\u4fdd<\/a><\/span><span><\/span>\u6218<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/0.300832\" data-code=\"0,300832\" rel=\"noopener\">\u65b0\u4ea7\u4e1a<\/a><\/span><span><\/span>\u57fa\u91d1\u3001\u84dd\u5929\u6295\u8d44\uff1b2026\u5e743\u6708\uff0c\u5e7f\u6c7d\u8d44\u672c\u5bf9\u516c\u53f8\u5b8c\u6210<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%88%98%e7%95%a5%e6%8a%95%e8%b5%84\" title=\"View all posts in \u6218\u7565\u6295\u8d44\" target=\"_blank\" class=\"tag_link\">\u6218\u7565\u6295\u8d44<\/a>\u3002\u4e24\u6b21\u6295\u8d44\u4ee3\u8868\u7740\u6c5f\u82cf\u7701\u6218\u65b0\u57fa\u91d1\u4ee5\u53ca\u4e0b\u6e38\u6218\u7565\u65b9\u5bf9\u957f\u6676\u79d1\u6280\u7684\u770b\u597d\u3002<\/p>\n<p>\u672c\u6b21IPO\uff0c\u957f\u6676\u79d1\u6280\u62df\u52df\u8d4414.9\u4ebf\u5143\uff0c\u8ba1\u5212\u6295\u8d44\u4e8e\u201c\u5e74\u4ea7100\u4ebf\u9897\u5de5\u63a7\u53ca\u8f66\u89c4\u7ea7\u529f\u7387\u5668\u4ef6\u5c01\u88c5\u6d4b\u8bd5\u4ea7\u4e1a\u5316\u9879\u76ee\u201d\u201cMOSFET\u3001IGBT\u53ca<span web=\"1\"  target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK0952\" data-code=\"90,BK0952\">\u7b2c\u4e09\u4ee3\u534a\u5bfc\u4f53<\/span>\u6280\u672f\u7814\u53d1\u9879\u76ee\u201d\u201c\u7535\u6e90\u7ba1\u7406IC\u7814\u53d1\u9879\u76ee\u201d\u548c\u8865\u5145\u6d41\u52a8\u8d44\u91d1\u3002\u6839\u636e\u62db\u80a1\u8bf4\u660e\u4e66\uff0c\u4e0a\u8ff0\u52df\u96c6\u8d44\u91d1\u5747\u56f4\u7ed5\u516c\u53f8\u4e3b\u8425\u4e1a\u52a1\u8fdb\u884c\u5e03\u5c40\uff0c\u8fdb\u4e00\u6b65\u5de9\u56fa\u516c\u53f8\u5728\u9ad8\u7aef\u5206\u7acb\u5668\u4ef6\u3001\u7535\u6e90\u7ba1\u7406IC\u4ea7\u54c1\u9886\u57df\u7684\u6280\u672f\u5e94\u7528\u80fd\u529b\uff0c\u6df1\u5316\u5c01\u88c5\u6d4b\u8bd5\u73af\u8282\u7684IDM\u7eb5\u5411\u4e00\u4f53\u5316\u5e03\u5c40\uff0c\u5e76\u589e\u5f3a\u6301\u7eed\u53d1\u5c55\u80fd\u529b\u3002<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/acttg.eastmoney.com\/pub\/xxlout_khmbdfcfappnew_random_0007467a\" rel=\"noopener\"><img src=\"https:\/\/np-newspic.dfcfw.com\/download\/D25753173264126031117_w690h389.jpg\" alt=\"\u957f\u6676\u79d1\u6280\u6df1\u4e3b\u677fIPO\u83b7\u53d7\u7406 2025\u5e74\u51c0\u5229\u6da63.49\u4ebf\u5143\" style=\" display:block; margin-left:auto; margin-right:auto; \" \/><\/a><\/p>\n<p>(\u6765\u6e90:\u5929\u5929\u57fa\u91d1\u7f51)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>6\u670810\u65e5\uff0c\u6c5f\u82cf\u957f\u6676\u79d1\u6280\u80a1\u4efd\u6709\u9650\u516c\u53f8\u4e3b\u677fIPO\u83b7\u6df1\u4ea4\u6240\u53d7\u7406\u3002 \u62db\u80a1\u8bf4\u660e\u4e66\u663e\u793a\uff0c\u957f\u6676\u79d1\u6280\u4e8e2018\u5e7412\u6708\u6ce8\u518c\u4e8e [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[232],"tags":[57,59,266,106,58,104,125,241,103,290,113,29,339,144,238],"views":11,"_links":{"self":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/796985"}],"collection":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=796985"}],"version-history":[{"count":0,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/796985\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=796985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=796985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=796985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}