Jiatlank Co., Ltd.'s IPO on the Science and Technology Innovation Board has been accepted, and the second phase of the Big Fund appears on the shareholder list.

Recently, the Shanghai Stock Exchange's official website announced that Gatron Microelectronics Technology Co., Ltd. has officially had its IPO application accepted for the Sci-Tech Innovation Board. According to the prospectus, citing statistics from Yole, Gatron is expected to rank fourth in the global automotive millimeter wave radar chip market by 2025, with a market share of approximately 4%. Additionally, data from the Shanghai Integrated Circuit Industry Association indicates that its market share in China reaches 31.1%, placing it second. The prospectus reveals that Gatron plans to issue no more than 9.42455 million shares, accounting for no less than 25% of the total share capital after the issuance, with a total fundraising goal of 3.489 billion yuan. The shareholder list includes notable institutions such as the Greater Bay Area Fund II, Huaden International, and GAC Capital, with the company's valuation exceeding 10 billion yuan following the completion of its Series E financing round in March 2026.