Omnivision Integrated Circuits (Group) Co., Ltd. (referred to as "Omnivision Group") has recently passed its listing hearing and is preparing to go public on the Hong Kong Stock Exchange.
The company is already listed on the A-share market, with its stock price closing at 126.52 yuan on Friday, giving it a market capitalization of 153 billion yuan.
Originally known as Will Semiconductor, Omnivision Group changed its name in June 2025. The company stated that it completed the acquisition of Omnivision Technologies, one of the top three image sensor chip design companies, in 2019, establishing three major business segments: image sensor solutions, display solutions, and analog solutions.
In 2024, the company's semiconductor design business generated revenue of 19.19 billion yuan from its image sensor solutions, accounting for 74.76% of its total operating income.
Omnivision Group explained that the name change better reflects its industrial layout and strategic direction, enhances brand influence, and improves investor understanding of its business operations.
**Revenue of 21.78 Billion in First Nine Months** Omnivision Group is a Fabless semiconductor design company with a global R&D and business network, shipping over 11 billion units in 2024. The company provides sensor, analog, and display solutions for industries such as smartphones, automotive electronics, security/IoT, healthcare, computers/tablets, and industrial/machine vision.
From 2022 to 2024, Omnivision Group's revenue was 20 billion yuan, 20.984 billion yuan, and 25.7 billion yuan, respectively, with gross profits of 4.741 billion yuan, 4.184 billion yuan, and 7.239 billion yuan, and gross margins of 23.7%, 19.9%, and 28.2%.
Net profits for the same period were 951 million yuan, 544 million yuan, and 3.279 billion yuan, with net profit margins of 4.8%, 2.6%, and 12.7%.
In the first nine months of 2025, revenue reached 21.783 billion yuan, up 15.2% year-on-year, with net profit at 3.21 billion yuan, a 35% increase. Adjusted net profit rose 33.45% to 3.06 billion yuan.
In Q3 2025 alone, revenue grew 14.81% to 7.827 billion yuan, while net profit increased 17.26% to 1.182 billion yuan. Adjusted net profit rose 20.4% to 1.1 billion yuan.
**Yu Renrong Controls 33.6% Stake** Executive directors include Yu Renrong (Chairman), Wu Xiaodong, Jia Yuan, and Qiu Huanping. Non-executive directors are Lü Dalong and Chen Yu, while independent non-executive directors include Fan Mingxi and Mou Lei.
Yu Renrong, 59, founded the company in 2007 and has served as Chairman since 2011. With 35 years of experience in electronics, he previously worked at Inspur Group and Longyue Electronics. He also serves as a director at NexWafe and Ingenic Semiconductor.
As of September 30, 2025, Yu holds a 27.4% stake, while other major shareholders include Hong Kong Securities Clearing (11.77%) and Shaoxing Wei Hao Equity Investment Fund (6.15%).
**Yu Renrong Donates Shares Worth 3.8 Billion** On December 9, 2025, Omnivision Group announced that its controlling shareholder donated 30 million unrestricted shares (2.48% of total shares) to support education and the development of Ningbo Oriental Institute of Technology (NOIT). The donation, valued at approximately 3.8 billion yuan based on the company's market cap, increased NOIT's stake from 3.36% to 5.89%.
Yu Renrong is closely tied to NOIT's establishment. In 2020, he pledged 46 billion yuan to fund the university, with 30 billion yuan coming from his personal wealth—10 billion for infrastructure and 20 billion for an endowment fund.
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