Jiwei Network news, on December 14, the CSRC official micro released the news that the CSRC agreed to the registration of the initial public offering of shares on the Science and Technology Innovation Board of Aojie Technology Co., Ltd. (hereinafter referred to as "Aojie Technology") in accordance with legal procedures, and Aojie Technology and its underwriters will negotiate with the Shanghai Stock Exchange to determine the issuance schedule and publish the prospectus one after another.
According to the data, Aojie Technology was established on April 30, 2015, is a platform-based chip enterprise that provides wireless communication and ultra-large-scale chips.
Since its establishment, Aojie Technology has been focusing on the research and development and technological innovation of wireless communication chips, and is one of the very few platform-based chip design enterprises in China that has the R&D and design strength of full-standard cellular baseband chips and multi-protocol non-cellular IoT chips, and has the ability to provide ultra-large-scale high-speed SoC chip customization and semiconductor IP licensing services.
It is understood that the downstream application scenarios of its various chip products are broad, and can be applied to the consumer electronics market represented by mobile phones and smart wearable devices and the intelligent Internet of Things market represented by smart security, smart home and automatic driving.
At present, Aojie Technology has successfully mass-produced more than 20 new chips, and the product line fully covers the field of cellular communication, non-cellular communication and AI, realizing product breakthroughs in the field of non-cellular and AI, and gradually reaching cooperative relations with leading enterprises in various fields and achieving large-scale sales.
According to the prospectus, during the reporting period, the cumulative sales volume of Aojie Technology's cellular baseband chip products exceeded 30 million sets, and the sales volume of non-cellular IoT chip products exceeded 17 million.
With the continuous industrialization of R&D technology and the continuous expansion of customer base, Aojie Technology has successively become an important supplier of mainstream module manufacturers at home and abroad such as Quectel Communications, SUNSEA Intelligence, Youfang Technology, Gaoxinxing, U-bloxAG, etc., and has entered the supply chain system of well-known brand enterprises at home and abroad such as national large power grid enterprises, ZTE, Hitachi, 360, TP-Link and so on.
At present, the main business of Aojie Technology is mainly composed of three major businesses, including chip products, chip customization business and semiconductor IP licensing services.
Jiwei Network understands that chip products are the main source of its performance. In addition to multi-mode multi-standard cellular baseband chips, in the field of non-cellular wireless communications, Aojie Technology not only has a variety of high-performance IoT chips based on WiFi, LoRa, Bluetooth technology, but also a global positioning navigation chip based on Beidou navigation (BDS)/GPS/Glonass/Galileo technology, which can fully cover the application scenarios of various transmission distances in the IoT market.
In the field of AI, Aojie Technology also has a chip design company with simultaneous layout on the "cloud side" and "end side"; on the cloud side, with the ability of ultra-large-scale high-speed Soc chips under advanced technology, it customizes large-scale artificial intelligence chips for customers and successfully mass-produces them. On the end side, Aojie Technology integrated the existing self-developed ISP and end-side AI chip architecture technology, launched the first intelligent IPC chip project, and promoted and cooperated with leading enterprises in the industry.
From the perspective of revenue, the performance of Aojie Technology has achieved explosive growth in recent years. From 2017 to 2019, its operating income was 84.2335 million yuan, 115 million yuan and 398 million yuan respectively, with a compound growth rate of 117.35% in operating income, and the compound growth rate of operating income in the last three years reached more than 20%; from January to September 2020, its revenue reached a new high, achieving 707 million yuan. (Proofreading/Lee)