Shenghejing Micro Technology's IPO has been accepted, making it the tenth largest integrated circuit packaging and testing company in the world.

As reported by Zhitong Finance and Economics APP, on October 30th, Shanghai Sunic Microelectronics Technology Co., Ltd. (referred to as Sunic Micro) has submitted its application for an IPO on the Sci-Tech Innovation Board of the Shanghai Stock Exchange. China International Capital Corporation Limited (CICC) is its sponsor institution, and it plans to raise 4.8 billion yuan.