Radio frequency chip company Guobo Electronics Innovation Board enters another 3 billion yuan investment project to be put into production by the end of the year.

Recently, China Merchants Securities disclosed on the official website of the China Securities Regulatory Commission a report on the summary of the initial public offering of shares of Nanjing Guobo Electronics Co., Ltd. (hereinafter referred to as "Guobo Electronics") and the mentoring work of Science and Technology Innovation Board's listing. This means that after the tutoring record registration in January, the IPO of Gobo Electronics Co., Ltd. has gone a step further.

According to the information released by the 55th Research Institute of China Electric Science and Technology, Nanjing Guobo Electronics Co., Ltd. is its subsidiary holding company, specializing in the research, development, production and sales of integrated circuits, radio frequency microwave modules and subsystems. With more than 30 years of experience in the development and production of radio frequency microwave integrated circuits and modules, it is recognized by five ministries and commissions as a "national planning and layout integrated circuit design enterprise" and a "high-tech enterprise" in Jiangsu Province. The performance of the company's products has reached the leading domestic and international advanced level, and is widely used in mobile communications, microwave and millimeter wave communications, satellite communications and other systems, breaking the foreign technology monopoly.

In 2019, Qian Feng, deputy general manager of Gobo Electronics, said publicly that the company has achieved mass production in small signal products and power products of base stations and terminals, and is currently entering the field of high-power gallium nitride devices, as well as millimeter wave base station multi-channel silicon-based phased array chips and III- V family millimeter wave RF transceiver front-end chips.

On June 22nd, Chuangdao Investment partner told Science and Technology Innovation Board Daily that the direction of Gobo Electronics is indeed the core link of communication (base station radio frequency and millimeter wave). And gallium nitride power devices and radio frequency devices will be potential areas in the future. IPO is of great significance for mobile communication, especially for 5G. And from the point of view of the product field and technical content of the company, it is also solving the problem of deficiency in the communications industry, which is very much in line with Science and Technology Innovation Board's hard science and technology positioning.

Tianyan check information shows that Guobo Electronics was established on November 27, 2000 and January 2020. Guobo Electronics added shareholders such as Gongqingcheng Huikeyuan Investment Partnership (Limited Partnership), and its registered capital increased from more than 57 million yuan to 211 million yuan. at the end of last year, the company completed the share reform, and the registered capital increased to 360 million yuan.

In addition, it is worth noting that Gobo Electronics is building a major project with a total investment of more than 3 billion yuan.

According to the data, in 2018, Guobo Electronics launched the "Radio Frequency Integrated Circuit industrialization" construction project in Nanjing Jiangning Development Zone, which was listed as a key construction project in Nanjing and listed as a provincial key construction project in Jiangsu Province in 2019. The project has an investment of more than 3 billion yuan and covers an area of 200mu to build a whole industry chain of coverage design, chip manufacturing and closed testing for 5G and new generation mobile communication applications.

According to the official account "Innovation Jiangning", whose certification information is "Nanjing Jiangning District Science and Technology Bureau", in February this year, the project is under intense construction. At present, some of the plants have been capped and are expected to be put into production by the end of this year. After completion, it will form a design and manufacturing capacity with an annual output of 60, 000 compound semiconductors, 500 million RF basic circuits and 10 million RF modules to meet the needs of 5G and future mobile communication base stations and terminals.

Prior to media reports, the above-mentioned "annual production of 60, 000 compound semiconductors", for the "6-inch process gallium nitride (GaN) radio frequency power device manufacturing."

Bu Rixin believes that the current market is in great need of this kind of domestic gallium nitride project. After Gallium Nitride (GaN) RF power device manufacturing with 6-inch process is officially put into production, it will be a great breakthrough for the industry.