Gorilla is controlled by Chairman Sun Zhiyan, 53 years old, holding 54%, and Vice President Jiang Zhidu, both of whom previously worked at Shangyang Software.

Rui Cai Jing Yan Hui On February 15, Shanghai Gori Li Software Co., Ltd. (hereinafter referred to as Gori Li) disclosed its Hong Kong Stock Exchange prospectus, with Guotai Junan International and Minyin Capital serving as joint sponsors.

Rui Cai Jing Yan Hui notes that the prospectus was submitted confidentially on August 29 of last year.

Gori Li was established in 2007 and is a provider of intelligent manufacturing software solutions for the broader semiconductor industry. It focuses on the research, development, and commercialization of advanced manufacturing software solutions tailored for the applications within the broad semiconductor industry.

According to data from Frost & Sullivan, based on revenue generated from intelligent manufacturing software solutions, by 2024, the company ranks first among domestic semiconductor intelligent manufacturing software solution providers in China’s broad semiconductor intelligent manufacturing software market.

In terms of equity, founder Sun Zhiyan controls approximately 53.86% of the voting rights in Gori Li. He directly beneficially owns about 30.18%, Xinxiang Limited Partnership, controlled as the sole general partner, beneficially owns approximately 14.34%, and Jingwei Limited Partnership, also controlled as the sole general partner, beneficially owns about 9.34%.

The company has four executive directors, aged between 43 and 53. Among them, Sun Zhiyan and Jiang Zhi have both previously worked at Shangyang Software.

Sun Zhiyan, 53, founder, executive director, chairman, and general manager, has served as director, chairman, and general manager since November 2007. Before founding the group, he worked at Shanghai Kaihong Electronics from October 1999 to March 2002. From May 2002 to April 2005, he was employed at Shangyang Software (Shanghai). From April 2007 to September 2007, he worked at Shanghai Hewlett-Packard.

Jiang Zhi, 47, executive director and deputy general manager, has served as director and deputy general manager since February 2018 and December 2020. From July 2003 to September 2008, he worked at Shangyang Software (Shanghai).

Xu Qingzhong, 43, executive director, has served as director since December 2019. From July 2004 to November 2007, he worked at SMIC Microelectronics Manufacturing (Beijing) Co., Ltd. From December 2007 to March 2011, he was the chief engineer at Shanghai Hongli Semiconductor Manufacturing Co., Ltd.

Xu Renbang, 46, executive director, employee representative director, CFO, and secretary of the board, has previously worked at Jinshi Furniture and Fudewei Intelligent Technology.

In terms of performance, Gori Li has not yet achieved profitability. From 2022 to 2024, the company’s revenue was 1.11 billion yuan, 1.65 billion yuan, and 2.49 billion yuan, respectively; losses were 86.88 million yuan, 127 million yuan, and 103 million yuan. In the first four months of 2025, the loss was 43.34 million yuan, an increase compared to the same period last year.

During this period, revenue from the top five customers accounted for 62.4%, 54.2%, 46.7%, and 52.5%. Revenue from the largest customer accounted for 31.3%, 20.0%, 19.8%, and 14.5%.