Ying Erick Technology's Science and Technology Innovation Board IPO has been queried, providing data storage main control chips and semiconductor storage products.

date
19:30 09/07/2026
avatar
GMT Eight
's application for an IPO on the tech innovation board has been queried.
On July 8th, Yingren Technology Co., Ltd. (referred to as Yingren Technology) applied for a change in the status of the Shanghai Stock Exchange's Sci-Tech Innovation Board listing review to "inquiry received," with Guotai Haitong as the sponsor, aiming to raise 3.233 billion yuan. According to the prospectus, Yingren Technology is a leading international provider of data storage control chips and semiconductor storage products, mainly engaged in research, design, and sales of data storage control chips and solid-state drives (SSDs), covering enterprise-level, industrial-level, and consumer-level applications. The company's core enterprise products, represented by AI SSD, rely on independent research and development capabilities to overcome key technological bottlenecks in data storage and transmission in frontier areas such as artificial intelligence, achieving autonomous control of information storage core links. The products are widely used in AI-driven computing centers, cloud services, and other cutting-edge scenarios. Currently, the company's products have been successfully incorporated into the supply chains of mainstream domestic Internet companies, cloud computing and server manufacturers such as Customer B, Tencent, Customer A, Lenovo, New H3C, Customer C, and are widely used in domestic AI computing infrastructure. The company is gradually expanding its business to become a provider of semiconductor storage solutions for enterprise-level solid-state drives based on self-developed high-performance data storage control chip technology and products. In terms of domestic chip compatibility, through deep optimization algorithms and chip design, the company's data storage control chip has industry-leading compatibility and performance tuning capabilities with domestic flash particles. In terms of the industrial chain, as one of the few companies in China with complete iterative research and development capabilities for enterprise-level control chips and solid-state drives, the company is helping China's semiconductor storage industry build a complete domestic chain from control chips and firmware to storage modules. In terms of product iteration, the company's chips and solid-state drive products cover SATA to PCIe 5.0, with the latest generation PCIe 6.0 control chip and CXL control chip scheduled to be launched in the first half of 2026. The product generation release is domestically leading, and the technological level ranks among the top international ranks. The company has a good reputation and a stable and broad customer base, and has entered the supply chain system of industry-leading customers, with products widely used by enterprise-level customers with the highest technical requirements and well-known consumer-level customers, achieving large-scale shipments, including domestic leading server manufacturers such as Customer A, Lenovo, New H3C, Customer C, Changjiang Computing, Chaoyun, and Great Wall, as well as Customer B, Bilibili, Tencent, and other Internet and cloud computing manufacturers, Customer E, international original particle factory and storage module manufacturers such as SanDisk, Biwin Storage Technology, and Shenzhen Longsys Electronics, reaching terminal customers in various major application scenarios such as the Internet, cloud computing, AI model training and inference, communications, finance, railways, energy, and education. In terms of finances, the company achieved operating revenues of approximately 358 million yuan, 625 million yuan, and 1.034 billion yuan in 2023, 2024, and 2025, respectively; during the same period, the net profits were approximately -366 million yuan, -540 million yuan, -470 million yuan, respectively.