New Stock News | Yixin Communication Reapplies to HKEX
According to the Hong Kong Stock Exchange's disclosure on August 24, Shanghai Yixin Communication Technology Co., Ltd. has submitted a listing application to the main board of the Hong Kong Stock Exchange, with CITIC Securities International as the sole sponsor.
According to the Hong Kong Stock Exchange's disclosure on August 24, Shanghai Yixin Communication Technology Co., Ltd. (referred to as Yixin Communication) has submitted a listing application to the main board of the Hong Kong Stock Exchange, with China Securities Co., Ltd. acting as the exclusive sponsor. The company previously submitted a listing application to the Hong Kong Stock Exchange on November 30, 2025.
The prospectus indicates that Yixin Communication is a provider of cellular communication chips, with a highly optimized engine that enables devices to communicate over cellular LTE/5G networks. According to a report by Frost & Sullivan, the company ranks third in global cellular communication chip market revenue (market share: 3.9%). The company focuses on the research, development, and commercialization of cellular communication chips, while outsourcing wafer manufacturing, assembly/packaging, and testing to third-party wafer foundries and outsourced semiconductor packaging and testing partners.
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