Angry Microelectronics' IPO on the ChiNext board has been "inquired", and the RF SoC chip products have been introduced to customers such as Alibaba and Xiaomi.

On April 15, Beijing Oranth Microelectronics Technology Co., Ltd. (referred to as Oranth Micro) applied for a status change in the Shanghai Stock Exchange Science and Technology Innovation Board listing review to "being queried". China Securities Co., Ltd. is the sponsor institution, intending to raise 2.067 billion yuan. According to the prospectus, Oranth Micro is an integrated circuit design company specializing in the RF and analog fields, and is a national-level key "little giant" enterprise. The company is mainly engaged in the research, design, and sales of RF front-end chips, RF SoC chips, and other analog chips. Since its establishment, the company has continuously iterated products efficiently through continuous R&D investment and technological accumulation, providing customers with high-performance, high-reliability, low-power, highly integrated RF and analog chip products. During the reporting period, the company's core product line mainly includes a full range of RF front-end chip products (including RF front-end modules and power amplifiers, RF switches, LNAs, etc.) for intelligent mobile terminals such as 5G/4G/3G/2G, as well as RF SoC chip products (including low-power Bluetooth and 2.4GHz proprietary protocol wireless communication chips) for the IoT. With its outstanding technical strength, product performance, and customer service capabilities, the company has accumulated rich customer resources and built a good reputation in the market. The company's RF front-end chip products have been sold in scale to all major smartphone brands globally except Apple, including Honor, Samsung, vivo, Xiaomi, Customer A, OPPO, Lenovo (moto), Transsion, realme, while the RF SoC chip products have been introduced to well-known industrial, medical, and IoT customers such as Alibaba, Xiaomi, HP, Cadence, Guangzhou Wahlap Technology Corporation, Sannuo medical, etc. With abundant technical accumulation and outstanding technological innovation capabilities, as of the date of the prospectus signing, the company has led or participated in 5 national-level and multiple local-level significant research projects, actively promoting fundamental research and industrial application in the RF field in China while developing high-integration products such as 5GL-PAMiD. The technical solutions and performance of this product have reached international levels and have been mass-produced and applied in mainstream flagship models, breaking the international monopoly on L-PAMiD module products. According to data from the International Bluetooth Technology Alliance, the global shipment volume of low-power Bluetooth devices is expected to reach approximately 1.8 billion units by 2024, as each Bluetooth device generally carries a single RF Bluetooth SoC chip. Combined with the company's estimated shipment volume of low-power Bluetooth SoC chips in 2024 of 98 million, the company's global market share in the low-power IoT wireless connectivity chip sector in 2024 is estimated to be about 5.4%. Financially, in 2022, 2023, and 2024, Oranth Micro's operating income is expected to be approximately 923 million yuan, 1.695 billion yuan, and 2.101 billion yuan; during the same period, the net profit is expected to be approximately -290 million yuan, -450 million yuan, and -64.7092 million yuan.