Jiwei Network News (Text/Chen Wei) On April 25, according to the announcement of the 31st Review Meeting of the Listing Committee of the Science and Technology Innovation Board in 2022, Shanghai Canrui Technology Co., Ltd. (hereinafter referred to as "Canrui Technology") made its first IPO on the Science and Technology Innovation Board.
It is understood that Canrui Technology is a high-tech enterprise engaged in the research and development, design, packaging, testing and sales of high-performance digital-analog hybrid integrated circuits and analog integrated circuits, and its main products and services are intelligent sensor chips, power management chips and packaging and testing services. Widely used in smart homes, smart phones, computers, wearable devices, financial security, industrial control and automotive electronics and many other important areas of the national economy.
At present, CanRui Technology products cover many well-known brand customers at home and abroad, including smart home brands such as Gree, Midea, Haier, wearable device brands such as Wanderer and JBL, financial security brands such as Ant Group, industrial equipment brands such as Danfoss and INVT, industrial equipment brands such as Xiaomi, Transsion, Samsung, LG, OPPO, VIVO and Lenovo, as well as intelligent hardware ODM enterprises such as Wingtech, Longqi, Huaqin and Zhongnuo.
According to the prospectus, Canrui Technology intends to raise 1.55 billion yuan in the IPO to invest in high-performance sensor research and development and industrialization projects, power management chip research and development and industrialization projects, ASIC packaging construction projects, R&D center construction projects and supplementary working capital.
Among them, the high-performance sensor R&D and industrialization project will accelerate the research and development and improvement of smart sensor chips on the basis of existing core technologies, enrich the product structure, enhance product performance, expand application scenarios, consolidate and enhance the issuer's market position in the field of smart sensor chips; power management chip R&D and industrialization projects will update and upgrade existing power management chips, and carry out research and development and industrialization of lithium battery charging chips, lithium battery protection chips and other products, so as to reserve new business growth points for the company The ASIC packaging and construction project will expand the production capacity of the issuer's chip packaging and testing services, form a scale effect, and further enhance the synergy effect with the chip design business, effectively protecting the issuer's product capacity and quality; the implementation of the R&D construction center project will be based on the existing R&D platform and core technology, continuously update and iterate the existing main products, and achieve breakthroughs in new technologies and the application of new products, laying a good foundation for the sustainable development of the issuer Supplementary working capital can effectively increase the company's working capital and enhance the company's ability to resist risks.
Canrui Technology said that the investment project of the raised funds is carefully formulated based on the company's strategic planning and business development goals, and is based on the company's existing core technology and main business implementation. The application of the raised funds is conducive to further enhancing the company's technological innovation ability, promoting product iteration and renewal, optimizing the performance of main business products, improving the company's core competitiveness, and consolidating and upgrading the company's main business.
(Proofreading/Andy)