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IC design enterprise Juchen science and technology innovation board IPO submitted for registration

On November 5, according to the Shanghai Stock Exchange's innovation project, Juchen Semiconductor Co., Ltd. submitted its registration yesterday.

According to the public information, Juchen semiconductor is an integrated circuit design enterprise, whose main business is the R & D, design and sales of integrated circuit products, and provides application solutions and technical support services. The company has three main product lines: EEPROM, voice coil motor driver chip and smart card chip. Its products are applied to smart phones, LCD panels, Bluetooth modules, communications, computers and surrounding areas, medical instruments, white home appliances, automotive electronics, industrial control and other fields.

The main business mode of the company is fabless mode. In this mode, the company is only engaged in chip design and sales in the IC industry chain. The rest of the process is entrusted to wafer manufacturing enterprises, packaging and testing enterprises for OEM. After the company obtains the chip products, it can be sold to module factories or complete machine manufacturers through distributors or directly.

As of September 30, 2019, the company's total assets are RMB 454.0771 million, total liabilities are RMB 61.2826 million, and owner's equity attributable to the parent company is RMB 392.7945 million. From January to September 2019, the company realized an operating revenue of 381.7781 million yuan, an increase of 10.88% year-on-year from January to September 2018; the net profit attributable to the owner of the parent company was 76.25111 million yuan, an increase of 16.97% year-on-year from January to September 2018; the net profit attributable to the owner of the parent company after deducting non recurring profit and loss was 79.1577 million yuan, an increase of 3.77% year-on-year from January to September 2018.

According to the prospectus, Juchen shares is to issue no more than 30210467 shares this time, with the proposed financing amount of 727 million yuan.

The raised funds will be invested in three projects, one is the non-volatile storage technology development and industrialization project with EEPROM as the main body; the other is the technology upgrading and industrialization project of mixed signal chip products; and the third is the construction project of R & D center.