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【IPO line】Shanghai Stock Exchange: DiaoWei will make its first offering on the Science and Technology Innovation Board on April 11

【IPO line】Shanghai Stock Exchange: DiaoWei will make its first offering on the Science and Technology Innovation Board on April 11

Jiwei Network reported that on April 1, according to the disclosure announcement of the Shanghai Stock Exchange, Jiangsu Diao Microelectronics Co., Ltd. (hereinafter referred to as: Diao Micro) will be launched on the Science and Technology Innovation Board on April 11.

【IPO line】Shanghai Stock Exchange: DiaoWei will make its first offering on the Science and Technology Innovation Board on April 11

It is understood that Diocyo Is an integrated circuit design enterprise focusing on the research and development, design and sales of high-performance analog chips. Since its inception, the company has always adhered to the "full product business line" coordinated development of the business strategy, continue to provide customers with high-efficiency, low power consumption, stable quality analog chip products. According to the different product functions, the company's products are mainly divided into two series of signal chain analog chips and power management analog chips, mainly used in consumer electronics, intelligent LED lighting, communication equipment, industrial control and security and medical equipment and other fields.

At present, the number of product models of Dior micro-analog chips has reached more than 1,200, of which more than 400 product models have generated revenue during the reporting period, and sales in 2021 have exceeded 1 billion. Among them, USB2.0/3.1 components, ultra-low power and high-precision operational amplifier components, LED lighting semiconductor components, high-efficiency power management components and many other products are among the cutting-edge products in the industry.

This is inseparable from the company's continuous investment in research and development. In 2019-2021, DiaoWei's R&D expenses were 21.8658 million yuan, 26.0506 million yuan and 45.4308 million yuan, respectively, and the R&D investment was relatively stable. As of December 31, 2021, the Company and its holding subsidiaries have a total of 56 authorized domestic patents in China, including 26 domestic invention patents, 30 domestic utility model patents, and a total of 1 overseas invention patent.

Thanks to the long-term R & D investment and technology accumulation, in 2019-2021, the company's operating income was 136.6481 million yuan, 247.537 million yuan and 507.6502 million yuan, with an average annual compound growth rate of 92.74%, showing a rapid growth trend.

After years of deep cultivation, Diao Micro has established a relatively perfect product development system and accumulated rich experience in analog chip design. The company's technical capabilities in the field of mixed signal and power management chip research and development are more prominent, and a number of products have reached the international advanced level. With excellent technical strength, product performance and customer service capabilities, the company has established a stable cooperative relationship with WPI Group, Wen Ye Group and other senior electronic component dealers in the industry, and the products have entered the supply chain system of many well-known end customers, such as OPPO, Xiaomi, Shanpu Lighting, Dahua, Hikvision, KONE, Huaqin and Wingtech.

In the future, Diao Micro will continue to uphold the quality policy of "high-quality products, first-class service", further increase investment in research and development, guided by market and technology trends, through the improvement of the accuracy and speed of the signal chain analog chip, the reduction of energy consumption and power density of the power management chip, the continuous innovation of the production process, continue to develop and expand and enrich the product matrix, and continue to introduce analog chip products with high performance, high integration and high reliability to the market, thereby continuously improving the company's market competitiveness and market share.

(Proofreading/Lee)

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