Innoscience (Suzhou) Technology Holding

Innoscience (Suzhou) Technology Holding Co., Ltd. (02577.HK) was incorporated in July 2017 and listed on the Hong Kong Stock Exchange on 30 December 2024, with its main operating base in Suzhou, Jiangsu (core subsidiaries Innoscience Zhuhai founded December 2015, Innoscience Suzhou founded October 2017). It is a vertically integrated GaN power semiconductor company that designs and manufactures gallium-nitride (GaN) power devices on 8-inch silicon-based (GaN-on-Si) wafers, and is the first company in the world to achieve large-scale mass production on 8-inch GaN-on-Si. Its products span low-voltage to high-voltage GaN power devices and integrated chips, used in consumer fast charging, data-centre power, automotive electronics, robotics and new energy. Innoscience holds the largest global share (42.4%) of the GaN power semiconductor market, has shipped more than 2 billion chips cumulatively, and is the only Chinese chip supplier in Nvidia's 800V HVDC architecture. Revenue reached RMB 1.213 billion in 2025, up 46.4% year on year, with gross margin turning positive at 7.3% for the first time and a net loss of RMB 840 million that narrowed from RMB 1.046 billion a year earlier. Founder, chairwoman and executive director Dr. Weiwei Luo (骆薇薇); chief executive officer Dr. Wu Jingang (吴金刚).

• 01World's first IDM to mass-produce 8-inch silicon-based GaN; global GaN power semiconductor share of 42.4%.
• 022025 revenue of RMB 1.213 billion, up 46.4%, with gross margin turning positive at 7.3% for the first time.
• 03The only Chinese chip supplier in Nvidia's 800V HVDC data-centre power architecture; over 2 billion chips shipped.
• 04Founder and chairwoman Dr. Weiwei Luo (骆薇薇); listed on HKEX as 02577.HK.

1. Dec 30, 2024

   IPO

   HKD 13.02 亿

   Source

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