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优迅股份IPO:控股权二度更迭 创始人“内斗”堪比“电影”
Xi Niu Cai Jing·2025-09-05 08:11

Core Viewpoint - Xiamen Youxun Chip Co., Ltd. is responding to the first round of inquiries from the Shanghai Stock Exchange regarding its IPO, addressing 11 key issues including product technology, market space, control rights, performance fluctuations, and fundraising projects [2] Group 1: Company Overview - Youxun Chip was established in February 2003, primarily engaged in the R&D, design, and sales of optical communication transceiver chips, with applications in optical modules across various fields such as access networks, 4G/5G networks, data centers, metropolitan area networks, and backbone networks [3] - The company plans to raise 889 million yuan through its IPO, which will be allocated to the development and industrialization of next-generation access network and high-speed data center chips, automotive chips, and 800G and above optical communication chips [2][3] Group 2: Ownership and Control - The founder Ping Xu holds a 60% stake through technical contributions, while other founders contributed capital. However, from 2007 to 2022, there were ongoing disputes between Ping Xu and other shareholders regarding various corporate governance issues [3] - In 2013, Ping Xu ceased to be the general manager, leading to a state of no controlling shareholder or actual controller until November 2022, when new controllers emerged through 27.13% voting rights [3][4] - Ping Xu's family currently holds a combined 8.38% stake in the company, raising concerns about potential control disputes post-IPO due to the historical conflicts among the founders [4]