Nexchip Semiconductor Corporation (Ticker: 2249 HK) is a Chinese semiconductor company operating as a pure-play foundry specializing in 12-inch wafer manufacturing. Its foundry services cover process technologies from 150nm to 40nm, with a 28nm Logic IC platform developed as of the latest practicable date. Nexchip serves IC categories including display driver ICs, CMOS image sensors, power management ICs, Logic ICs and microcontroller units, supporting applications across consumer electronics, automotive electronics, industrial control, AI, IoT and memory.

Nexchip plans to list on the Hong Kong Stock Exchange on July 10, 2026. According to published terms, the company plans to offer 216.17 million primary shares at an expected price range of HKD30.00 to HKD32.30 per share, raising approximately HKD7.0 billion, or about $890 million. The transaction includes a 15% greenshoe option of 32.42 million shares. The offering managers include BOCI Asia, CLSA, CMB International Capital, China International Capital Corp Hong Kong Securities and Futu Securities International.