New Stock News | GoerTek Microelectronics submits application to Hong Kong Stock Exchange Main Board, becoming China's largest provider of smart sensor interaction solutions.

According to the disclosure by the Hong Kong Stock Exchange on January 20th, GoerTek Microelectronics Co., Ltd. (hereinafter referred to as GoerTek Microelectronics) submitted its application to the main board of the Hong Kong Stock Exchange, with CICC, China Securities Co., Ltd. International, CMB International, and UBS Group as the joint sponsors. The prospectus shows that GoerTek Microelectronics is a leading global provider of intelligent sensor interaction solutions. With a strong one-stop intelligent sensor interaction platform at its core, the company is dedicated to working with global partners to drive the next generation of intelligent sensor interaction revolution. The company continues to collaborate with leading global customers to explore market demands, complete product definition, and provide intelligent sensor interaction experiences for consumer electronics, automotive electronics, smart homes, industrial applications, medical health, and other fields. GoerTek Microelectronics has built a one-stop platform, UniSense, covering all key technical aspects of intelligent sensor interaction solutions including material R&D, chip design, packaging testing, algorithm software development, system design, etc. The company's platform enables rapid reuse and expansion of full-stack capabilities in different application areas, allowing for the provision of diverse high-performance intelligent sensor interaction solutions covering sensors, SiPs, and sensor interaction modules at optimal costs based on customer demands. According to CIC's report, based on sales in 2023, the company is the eighth-largest global and the largest in China as an intelligent sensor interaction solution provider. During the historical period, the company's cumulative sensor shipments exceeded 4.0 billion units. According to CIC's report, based on sales in 2023, the company is the fourth-largest sensor provider globally and the largest acoustics sensor provider globally. The company's solutions are diverse, with over 400 types as of September 30, 2024, widely used in approximately 30 types of smart terminals such as smartphones, smart headphones, VR/AR devices, smart cars, and smart homes. According to CIC's report, the company is China's provider with the richest portfolio of intelligent sensor interaction solutions. GoerTek Microelectronics has built a globally influential brand, integrating upstream supply chain resources comprehensively and deeply connecting downstream customer needs, empowering leading global customers in various application areas. According to CIC's report, as of September 30, 2024, the company has served a total of 113 direct customers globally, covering the top nine global mobile phone manufacturers (based on 2023 shipment volumes) and leading manufacturers in automotive electronics, smart homes, industrial applications, and medical fields. Financially, as of the nine months ending on September 30 in 2022, 2023, and 2024, GoerTek Microelectronics' revenue was approximately RMB 3.121 billion, 3.001 billion, and 3.266 billion respectively. During the same period, annual profits were approximately RMB 326 million, 289 million, and 243 million respectively.