Recently, Yuanjie Semiconductor Technology, an optical chip maker, got listed on the STAR market of the Shanghai Stock Exchange. The company’s securities code is 688498; the issue price is 100.66 yuan/share, and the issue PE is 69.26.
It is reported that Yuanjie Semiconductor Technology ranks first in the domestic industry in terms of the shipment volume of 25G optical chip products and that its projects under research such as high-power silicon laser chips and 50G laser chips can provide optoelectronic information transmission solutions that are leading in China and advanced in the world.
Yuanjie Semiconductor Technology has raised 1.510 billion yuan through the IPO for “construction of the 10G and 25G optical chip production lines”, “50G optical chip industrialization”, “construction of the R&D center”, and “supplemental working capital”. After completing these projects, the company will further expand its 10G and 25G optical chip production capacity. The 50G optical chip industrialization project will also help the company to seize market opportunities and promote the development of domestic replacement of high-performance optical chips.