飞骧科技递表港交所 国信证券(香港)为独家保荐人

Core Viewpoint - Feixiang Technology has submitted a listing application to the Hong Kong Stock Exchange, with Guosen Securities (Hong Kong) as the sole sponsor [1] Company Overview - Feixiang Technology is a Chinese fabless semiconductor company focused on the design, research and development, and sales of RF front-end chips [1] - The product line covers various communication standards including 5G, 4G, 3G, 2G, Wi-Fi, and NB-IoT, and is applied in mobile devices, IoT, automotive communication, and satellite communication [1] - The company is the fifth largest globally and the largest in China in terms of PA and PA integrated transceiver module supply, ranking first globally by shipment volume [1] - In 2020, the company became the first domestic enterprise in China to launch a fully 5G RF front-end solution supporting all 5G frequency bands [1] Business Model - The company adopts a fabless model, outsourcing production processes while focusing on high value-added areas such as research and development, sales, and marketing [1] Industry Outlook - The global RF front-end chip market is expected to continue growing, driven by emerging fields such as smart automotive, satellite communication, and IoT [1]