A-share subscription | Uxun Shares (688807.SH) starts subscription and ranks first in market share in the field of products with speeds of 10Gbps and below in China.

On December 8th, Unisoc (688807.SH) started its IPO subscription, with an issue price of 51.66 yuan per share and a subscription limit of 0.45 million shares per person. The industry price-earnings ratio is 60.27 times, and it is listed on the Shanghai Stock Exchange, with CITIC SEC acting as its sponsor. The prospectus shows that Unisoc, as a "national manufacturing champion enterprise" in the domestic optical communication field, focuses on the research, development, design, and sales of front-end optoelectronic chips for optical communication. The company's products are widely used in optical modules (including optical transceiver components, optical modules, and optical terminals), with applications in access networks, 4G/5G/5G-A wireless networks, data centers, metropolitan area networks, and backbone networks. Since its establishment in February 2003, Unisoc has established a complete core technology system in the field of optoelectronic chip design, achieving technological breakthroughs in key areas such as integration of transmitting and receiving, high-speed modulation, and optoelectronic collaboration. The company adheres to positive design, has deep submicron CMOS, germanium-silicon Bi-CMOS dual-process design and integration capabilities, and has mastered a full set of bandwidth expansion, impedance matching, signal integrity compensation, etc. technologies. Currently, the company has achieved mass shipments of optoelectronic chip products with speeds ranging from 155Mbps to 100Gbps and is actively developing a series of new products such as 50G PON transceiver chips, 400Gbps and 800Gbps data center transceiver chips, 4-channel 128Gbaud coherent transceiver chips, FMCW radar front-end Chips, and car optical communication chips. Unisoc is driven by independent innovation and has successfully undertaken a number of major national research and development projects, including the Ministry of Science and Technology's "863 Program," the Ministry of Science and Technology's "National International Science and Technology Cooperation Special Project," the Ministry of Industry and Information Technology's "Industrial Strong Base Project," and the Ministry of Science and Technology's "National Key Research and Development Program." By successfully breaking through the technological barriers of high-speed, high-integration optoelectronic chip design, Unisoc has become one of the few enterprises in China that can provide solutions for optoelectronic chips for all application scenarios and product ranges. The company's product performance and technical indicators have successfully replaced similar products from top international chip companies, successfully entering the supply chain systems of many well-known global customers. According to ICC data, by 2024, the company's market share in the sub-10Gbps speed product segment ranks first in China and second in the world. At the same time, the company is actively developing a series of high value-added new products, including 50G PON transceiver chips for 10Gbps Ethernet access scenarios, 400Gbps and 800Gbps transceiver chips for data center scenarios, 4-channel 128Gbaud coherent transceiver chips, FMCW radar front-end chips for terminal application scenarios, and car optical communication chips. Financially, in the 2022 fiscal year, 2023 fiscal year, 2024 fiscal year, and January-June 2025, the company achieved operating revenues of 339 million yuan, 313 million yuan, 411 million yuan, and 239 million yuan; During the same period, net profits were 81.39 million yuan, 72.08 million yuan, 77.86 million yuan, and 46.95 million yuan.