New Stock News: Nations Technologies Inc. (300077.SZ) ranks first in the Chinese MCU market with its built-in commercial encryption algorithm module after attending a hearing at the Hong Kong Stock Exchange.

According to the disclosure by the Hong Kong Stock Exchange on March 4th, Nations Technologies Inc. (Nations Technologies Inc., 300077.SZ) has conducted a listing hearing on the main board of the Hong Kong Stock Exchange, with CITIC SEC as the exclusive sponsor. According to the prospectus, the company is a platform-based integrated circuit (IC) design company, dedicated to providing control chips and system solutions for various intelligent terminals. The company also operates in the lithium battery anode material business, not only diversifying its business model but also driving revenue growth during the reporting period. The company has achieved wide application of its products in key areas such as consumer electronics, industrial control and digital energy, smart homes, automotive electronics, and medical electronics, successfully building a diversified product matrix covering multiple scenarios. According to data from Zhi Zhi Consultancy, based on 2024 revenue, the company ranks among the top five Chinese companies in the global platform-type microcontroller unit (MCU) market, and among the top three Chinese companies in the global 32-bit MCU market. According to data from Zhi Zhi Consultancy, based on 2024 revenue, the company ranks first in the Chinese MCU market with built-in commercial encryption algorithm modules. Since its establishment in 2000, the company has gradually achieved breakthrough development from specialized market chips to general MCU, and then to high-end products such as edge AI computing. In 2023, the company expanded its product range to include BMS chips, RF chips, and began generating revenue in 2024. Since setting the direction for the development of a platform-based integrated circuit design company in 2018, the company has successively launched a variety of 32-bit MCU products based on Cortex-M0 to M7, continuously optimizing chip size, power consumption, and performance, achieving a scene upgrade from embedded control to edge intelligence. As early as 2019, the company became the first fabless integrated circuit design company to achieve mass production of general MCU products based on a 40-nanometer eFlash process, leading the trend of mainstream product process upgrades globally, significantly enhancing product performance and energy efficiency, significantly enhancing the company's market competitiveness in high-performance computing and high-end control areas, accelerating the improvement of the company's technology layout in key industry tracks, forming a flexible and reusable full-stack product platform for cross-industry expansion. In addition to the chip product business, the company also operates in the lithium battery anode material business. The company's lithium battery anode material business is centered around artificial graphite, and explores multiple technological routes such as silicon-carbon composites and hard carbon structures, widely used in new energy vehicles, energy storage systems, and portable devices, with customers covering mainstream battery manufacturers. Based on this, the company actively explores the synergistic application of battery management system control chips and lithium battery anode materials within the same customer system, providing comprehensive solutions in system-level efficiency optimization, safety assurance, and cost control, constructing an intelligent energy control platform with full-stack capabilities, enhancing the overall business resilience and growth of the company. Financially, in the fiscal years 2022, 2023, 2024, and the nine months ending September 30, 2025, the company's revenue was approximately RMB 1.195 billion, RMB 1.037 billion, RMB 1.168 billion, and RMB 958 million respectively; during the same periods, gross profit was approximately RMB 426 million, RMB 180.11 million, RMB 182 million, and RMB 183 million respectively.