The CSRC has approved the registration of Jifeng Electronics' IPO on the ChiNext board.

On October 30, the CSRC issued the "Approval on Agreeing to the Registration of the Initial Public Offering of Shanghai Jifeng Electronics Co., Ltd." It is reported that Jifeng Electronics plans to list on the ChiNext board of the Shenzhen Stock Exchange, with EB SECURITIES as its sponsor, and plans to raise RMB923.75 million. The prospectus shows that Jifeng Electronics is a full-function, one-stop solution provider of testing services and testing hardware products in the semiconductor field. Centering on the testing needs of companies across the entire semiconductor industry chain, including chip design, wafer manufacturing, and packaging, it provides third-party laboratory testing and analysis services, testing hardware products, volume production business (volume production testing and electronics manufacturing services), engineering sample packaging, and other businesses. The testing services and testing hardware products provided by the company can fully cover various chips such as digital, analog, memory, power, RF, and complex SoCs. It has the testing service capability for high-end chips such as CPUs, GPUs, memory chips, and AI chips, and can meet the testing needs of advanced processes (the most advanced process cases have covered 3nm chips), advanced packaging (2.5D, 3D packaging, etc.), mature processes, and specialty processes.