Core Viewpoint - The company Hangzhou Zhongxin Crystal Semiconductor Co., Ltd. (referred to as "Zhongxin Crystal") is pursuing an IPO on the Beijing Stock Exchange after previous attempts to list on the Sci-Tech Innovation Board were unsuccessful [1][7]. Group 1: Company Overview - Zhongxin Crystal was established in September 2017 with a registered capital of 5.032 billion yuan [2][3]. - The company is primarily engaged in the research, production, and sales of semiconductor silicon wafers, focusing on both 8-inch and 12-inch silicon wafer technologies [5]. - The company has production bases in Hangzhou, Shanghai, Ningxia Yinchuan, and Lishui, Zhejiang, and plans to achieve significant production capacity in the domestic silicon wafer industry [5]. Group 2: Shareholding Structure - The controlling shareholders are Hangzhou Dahua Thermal Magnetic Electronics Co., Ltd. (14.41%) and Shanghai Shenhe Investment Co., Ltd. (8.64%), collectively controlling 28.11% of the voting rights [2][3]. - The company has a total of 57.09% of its shares held by its top ten shareholders, with notable stakes from Changfei Fiber (5.04%) and Zhongwei Company (2.56%) [6]. Group 3: IPO Attempts and Challenges - Zhongxin Crystal previously applied for an IPO on the Sci-Tech Innovation Board on August 29, 2022, but the application was terminated on July 3, 2024, due to the expiration of financial data [7][8]. - The company has faced multiple setbacks in its IPO attempts, including the withdrawal of applications by related entities such as Fulede and Shenyuan Jucheng [12][14]. Group 4: Future Plans - The company is now focusing on a "backdoor listing" strategy through its subsidiary Fulede, which has been actively acquiring related companies to facilitate this process [14][15]. - Zhongxin Crystal has completed the IPO counseling registration with the Zhejiang Securities Regulatory Bureau and is now preparing for its listing on the Beijing Stock Exchange [1][2].
中欣晶圆,冲刺北交所IPO
Shang Hai Zheng Quan Bao·2025-10-11 13:09