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After several state-owned shareholders withdrew their shares, Hongjing Micro is sprinting for an IPO on the Science and Technology Innovation Board

2024-08-10

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Recently, the China Securities Regulatory Commission disclosed the coaching registration report on the initial public offering and listing of Hongjing Microelectronics Technology Co., Ltd. (hereinafter referred to as Hongjing Micro) on the Science and Technology Innovation Board. The coaching institution this time is Huaan Securities.

Hongjing Micro once hired Wugang Securities as the coaching institution for its initial public offering of stocks and filed for registration on December 19, 2023. However, after withdrawing the coaching registration recently, it changed the coaching institution and re-registered for the coaching registration with the Anhui Securities Regulatory Bureau, and at the same time confirmed that the listing location is the Science and Technology Innovation Board.

According to information, Hongjing Micro was founded in 2009 and focuses on integrated circuit design, software development, and system solution design with independent intellectual property rights, providing overall solutions and electronic product design services. In 2015, the company was listed on the New Third Board.

With the mission of "creating China's core information technology products", Hongjing Micro has successively completed the research and development and industrialization of many domestically produced chips. The company focuses on multimedia chip design, mainly focusing on technical directions such as audio and video acquisition, transmission, and processing. Its products can be applied to new tablets, high-speed rail, automobiles, radio and television, medical treatment, intelligent manufacturing and other fields. The independently developed industrial automatic control system products have been running in typical representative industries and are expanding into broader application areas.