Chinese chipmaker Unisoc (Shanghai) Technologies Co., Ltd. has officially commenced IPO counseling, according to a filing on the website of the China Securities Regulatory Commission. The company, which completed registration with the Shanghai Securities Regulatory Bureau, plans to list on the Shanghai Stock Exchange's STAR Market.
Guotai Haitong Securities and China Securities Co., Ltd. have been appointed as IPO advisors, with the counseling agreement signed on June 25.
As disclosed in the filing, Unisoc was established on August 26, 2013, with a registered capital of 5.532 billion yuan and headquarters in the Shanghai Pilot Free Trade Zone. Its controlling shareholder, Beijing Unisoc Investment Management Co., Ltd., currently holds a 32.22% stake.
A leading domestic integrated circuit (IC) design company, Unisoc possesses full-scenario communication technologies, including 2G/3G/4G/5G, Wi-Fi, RedCap, Bluetooth, TV tuners, and satellite connectivity. In 2024, the firm secured two rounds of financing totaling 6 billion yuan, valuing it at 70 billion yuan. Its shareholders include state-backed capital from Beijing and Shanghai, financial institutions, and semiconductor industry funds.
Unisoc has demonstrated steady growth in recent years, with 2024 revenue exceeding 14.5 billion yuan—a record high—and 1.6 billion chips shipped globally. According to Counterpoint Research, Unisoc captured 14% of the global smartphone application processor market in Q4 2024, ranking fourth worldwide.