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Fudan Micro, the leader of the integrated circuit, has completed the listing and tutored Science and Technology Innovation Board IPO.
Sep 25,2020 11:22CST
translation
Shanghai Fudan Microelectronics Group Co., Ltd. has ushered in phased results. After nearly six months of tutoring, CITIC Construction Investment, a mentoring organization, reported a summary report on mentoring work on September 23, saying that "the company has successfully completed rectification and standardized operation, and has achieved the expected goals of the tutoring program."
The content below was translated by Tencent automatically for reference.

SMM: Shanghai Fudan Microelectronics Group Co., Ltd. (hereinafter referred to as "Fudan Micro") ushered in phased results. After nearly six months of tutoring, CITIC Construction Investment, a tutoring organization, reported a summary report on tutoring work on Sept. 23, saying that "the company has successfully completed rectification and standardized operation, and has achieved the expected goal of the tutoring plan."

On March 18 this year, Fudan Weiwei submitted the guidance record registration materials to the Shanghai Securities Regulatory Bureau. Nearly half a year has passed.

Data show that Fudan Micro was established in 1998, engaged in VLSI design, development, testing, and provide customers with system solutions. At present, the company has established core product lines such as security and identification chips, memory chips, smart meter chips, FPGA chips and integrated circuit testing services, which are used in many fields, such as finance, social security, urban public transportation, electronic license, mobile payment, anti-counterfeiting traceability, smart phones, security monitoring, industrial control, signal processing, intelligent computing and many other fields.

Among them, it is said that its RFID chip, smart card chip, EEPROM, smart meter MCU and other products have a market share in the forefront of the market, and the performance of the products has been recognized by Huawei, Samsung, LG, VIVO, Haier, Hisense, Lenovo, ZTE and other manufacturers.

Now has been reported for tutoring acceptance, Fudan micro-board IPO declaration is approaching?

A person from the Fudan Micro Securities Department confirmed to Science and Technology Innovation Board Daily that it is still waiting for tutoring and acceptance and has not been declared yet. "it will definitely be declared after acceptance, but there is no expected time at present." The person said.

It is worth mentioning that Fudan Micro is not the first time to hit the capital market. The company was listed on the gem of the Hong Kong Stock Exchange in 2000 (code: 8102.HK) and was successfully transferred from the gem to the main board (1385.HK) in 2014. In 2019, it plans to list in A-shares and be coached by Huatai. In March this year, the company changed the sponsor agency to re-sprint Kechuang board.

This time, Science and Technology Innovation Board IPO, Fudan Micro plans to invest 300 million yuan of the net funds raised into the "Programmable system on Chip Research and Development and industrialization Project", and if there is any surplus, it will all be used to supplement liquidity.

Judging from the latest shareholding structure, there are already stars behind the company before the declaration. In addition to the shares held by Shanghai SASAC's Fudan re-control (the actual control is Shanghai SASAC), Deep Venture Capital and Clay Venture Capital stormed into shares in July this year, when the trading price per share had already reached 15 yuan per share.

However, the company's profitability is not very substantial. According to the summary report of tutoring work, the company achieved operating income of 1.45 billion yuan, 1.424 billion yuan, 1.473 billion yuan and 723 million yuan respectively from 2017 to 2019, while the net profit of returning home in the same period was 213 million yuan, 105 million yuan,-163 million yuan and 60.5124 million yuan respectively.

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