New stock news | Shangdingxin Hong Kong IPO prospectus invalidated

Shenzhen Shangdingxin Technology Co., Ltd. (referred to as Shangdingxin) submitted its Hong Kong IPO prospectus on April 3, which expired after 6 months on October 3. The prospectus shows that Shangdingxin is a power semiconductor supplier without a wafer fab, specializing in the development and supply of customized power devices. The company tailors technology application solutions for customers, providing customized power devices to be installed on circuit boards of electrical equipment and products for end users, aiming to achieve specific performance or optimize the functions of such products. During the reporting period, the products mainly provided by Shangdingxin were MOSFETs, followed by IGBTs, GaN MOSFETs, and SiC MOSFETs, which were mainly designed, customized, and/or developed by the company's technical experts according to customer requirements for downstream products. The products provided by Shangdingxin have a wide range of applications, including power converters and battery management systems. They are used in various fields such as consumer electronics, industrial control, automotive electronics, new energy and energy storage, medical equipment, etc., and are widely used in applications such as Siasun Robot & Automation, handheld power tools, drones, various consumer electronics adapters, LED lighting, outdoor energy storage, and other products.