New Stocks News | It is reported that Jiejie Electronics has started a pre-IPO roadshow with plans to raise 100 million US dollars.

Qingjie Electronics Technology (Jiangsu) Co., Ltd. (referred to as Qingjie Electronics) recently passed the listing hearing, with CICC and GUOTAI JUNAN I as joint sponsors. Market reports indicate that Qingjie Electronics has started pre-IPO roadshows and plans to raise $100 million. According to the prospectus, Qingjie Electronics is a leading global supplier in the wireless sensing SoC field, dedicated to providing innovative sensor chips. According to a Frost & Sullivan report, based on 2025 revenue estimates, the company is the third largest automotive wireless sensing SoC company globally, and the largest in China. The company has achieved wireless and SoC integration in sensor chips. As wireless sensing SoC is a key growth driver in the automotive electronics sector, the company has been producing high-performance automotive-grade wireless sensing SoCs since 2018, gaining a competitive advantage. With expertise in the field and a scalable SoC platform, the company has been applying these innovations to other high-growth verticals such as energy storage, industrial electronics, Siasun Robot & Automation, and consumer electronics since 2021, providing a new generation of functionality in smart edge applications. The company's product portfolio includes: - Intelligent Tire SoC: The core product of the company's intelligent tire sensing, the Tire Pressure Monitoring System ("TPMS") SoC, went into mass production in 2018. According to a Frost & Sullivan report, the company was the first supplier in China to achieve mass production of TPMS chips. - BMSSoC: One of the core products of the company's smart battery management system ("BMS"), the Battery Pressure Sensor ("BPS") SoC, went into mass production in 2021 to address early fault detection challenges in hot scenarios. With the introduction of this product following the mandatory safety standard for electric vehicle power batteries in China in 2020, the company has strengthened its first-mover advantage. According to a Frost & Sullivan report, the company maintains its position in this niche market, ranking first globally in BPSSoC product revenue by 2025. - USISoC: The company's Universal Sensor Interface ("USI") SoC went into mass production in 2021, making the company's product applications more diverse. USISoC can be applied to various sensors, such as air conditioning pressure sensors, intelligent chassis brake pressure sensors, and vehicle acceleration sensors. In terms of finances, the company's revenue is estimated to be approximately 223 million yuan, 348 million yuan, and 478 million yuan for the fiscal years 2023, 2024, and 2025 respectively; with net losses of approximately 356 million yuan, 351 million yuan, and 331 million yuan for the same years.