CSRC agrees to Angewei Micro's IPO registration on the Shanghai Stock Exchange

On October 23rd, the China Securities Regulatory Commission issued the "Approval for the Initial Public Offering of Beijing Angwei Microelectronics Technology Co., Ltd.". It is reported that Angwei Micro intends to go public on the Shanghai Stock Exchange, with China Securities Co., Ltd. as its sponsor institution, aiming to raise 2.067 billion yuan. The prospectus shows that Angwei Micro is an integrated circuit design company focusing on the RF and analog fields, and is a national key "little giant" enterprise specializing in new industries. 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 invested in research and development and accumulated technology to continuously iterate products efficiently and provide customers with high-performance, high-reliability, low-power consumption, and high integration RF and analog chip products. Angwei Micro's RF front-end chip products have achieved large-scale sales to well-known brand terminal customers such as Huawei, Samsung, vivo, Xiaomi, OPPO, Lenovo (moto), Transsion, realme, and others. At the same time, RF SoC chip products have been introduced to well-known industrial, medical, and IoT customers such as Alibaba, Pinduoduo, Xiaomi, Lenovo, Customer C, Customer D, BYD Company Limited, Ninebot, Tailg, Hanshow, Sinomed, Kadius, Guangzhou Wahlap Technology Corporation, HP, Customer G, Remote Solution, and others.