【IPO frontline】The domestic EDA manufacturer Guangli Micro ChiNext board IPO successfully passed

Jiwei Network News On December 24, according to the results of the 73rd review meeting of the Listing Committee of the ChiNext Board of the Shenzhen Stock Exchange in 2021, the IPO of Hangzhou Guangli Microelectronics Co., Ltd. (hereinafter referred to as "Guangli Micro") was successfully held.

According to the data, Guangliwei is a leading supplier of integrated circuit EDA software and wafer-level electrical test equipment, the company focuses on chip yield improvement and electrical test rapid monitoring technology, and is an important partner of many large-scale integrated circuit manufacturing and design enterprises at home and abroad. Relying on the three main businesses of software tool licensing, software technology development and testing machines and accessories, the company provides EDA software, circuit IP, WAT test equipment and full-process solutions combined with chip yield improvement technology, and realizes the improvement of chip performance, yield and stability in the entire product cycle of integrated circuits from design to mass production.

Guangliwei has been working in the field of integrated circuit yield improvement for many years, using the industry's leading full-process platform and technical methods of automatic design of efficient test chips, high-speed electrical testing and intelligent data analysis, providing Foundry and Fabless manufacturers with a series of products and services from EDA software, test chip design services, wafer-level electrical test equipment to data analysis, etc., closely related to the needs of the manufacturing end and the design end, to ensure the manufacturability of the chip, on the basis of improving chip performance, yield and stability , effectively speed up the speed of product launch. The company's advanced solutions have been successfully applied to 180nm~4nm process technology nodes.

Since its inception, Guangliwei has always been adhering to the development concept of continuous technological innovation to continuously create value for customers. The overall solution of EDA software, test equipment hardware and yield technology composed of the company's independent research and development has been recognized by Major Asian large-scale integrated circuit manufacturing enterprises such as Huahong Group, Samsung Electronics, Yuexin Semiconductor, Hefei Jinghe, Changxin Storage, and some well-known integrated circuit design enterprises. The company's products and technologies have achieved high-quality localization substitution, breaking the long-term monopoly of foreign products in the field of integrated circuit yield improvement.

In each period of the reporting period, Guangli micro's R&D expenses were 24.6954 million yuan, 26.7543 million yuan, 40.5038 million yuan and 29.0964 million yuan, accounting for 79.25%, 40.45%, 32.69% and 64.23% of the current revenue, respectively, and the compound growth rate of R&D expenses in 2018-2020 was 28.07%, and the compound growth rate after excluding the impact of share payment expenses was 61.41%.

At present, Guangliwei has 56 authorized domestic and foreign patents, including 25 invention patents. In the future, the company will continue to increase research and development efforts, consolidate the technical advantages in the field of yield improvement, enrich the company's product types and application fields, actively layout the data analysis of the integrated circuit industry, and aspire to become the world's leading supplier of integrated circuit EDA software and wafer-level electrical test equipment.

With the advantages of technology and R&D, the cooperative relationship between Guangliwei and major integrated circuit manufacturers at home and abroad has been deepening, and the scale of main business income has increased rapidly. In 2019 and 2020, the main business income increased by 112.25% and 87.30% year-on-year, respectively, and the compound growth rate from 2018 to 2020 was 99.39%, and the scale of net profit also increased significantly with the growth of revenue.

(Proofreading/Lee)