Ingenic Semiconductor Co., Ltd. (Ticker: 3223 HK) is a Chinese fabless semiconductor company developing memory, computing and analog ICs for automotive electronics, industrial and medical applications, AIoT and intelligent security devices. Its portfolio includes DRAM, SRAM, NOR and NAND Flash, intelligent vision SoCs, embedded processors, AI-MCUs and analog ICs.

Ingenic plans to list its H shares on the Hong Kong Stock Exchange on August 25, 2026. The company is offering approximately 31.29 million primary shares at HKD 102.80 per share, raising approximately HKD 3.22 billion (approximately $410 million). The offering also includes a 15% greenshoe option covering about 4.69 million additional shares.

The company operates a fabless model, focusing on R&D and IC design while outsourcing manufacturing and semiconductor assembly and testing to foundry and OSAT partners. According to the prospectus, Ingenic ranked among leading global suppliers in several semiconductor categories in 2025, including niche DRAM, SRAM, NOR Flash and IP-camera SoCs.