昂瑞微IPO过会，主要业务是否具备成长性被追问

Core Viewpoint - Beijing Angrui Microelectronics Technology Co., Ltd. has successfully passed the IPO review for the Sci-Tech Innovation Board, aiming to raise approximately 2.067 billion yuan for various projects related to RF front-end chips and SoC development [1] Group 1: Company Overview - Angrui Micro is focused on integrated circuit design in the RF and analog fields, primarily engaged in the research, design, and sales of RF front-end chips, RF SoC chips, and other analog chips [1] - The company’s IPO application was accepted on March 28, 2025, and it entered the inquiry phase on April 15 of the same year [1] Group 2: Fundraising and Investment Plans - The company plans to raise around 2.067 billion yuan, which will be allocated to projects including the R&D and industrialization of 5G RF front-end chips and modules, RF SoC R&D and industrialization upgrades, and the construction of its headquarters and R&D center [1] Group 3: Listing Committee Requirements - The listing committee has requested the company to explain the growth potential of its main business by considering factors such as industry competition, product technology iteration, product structure, major clients' self-research and production capabilities, client expansion, and financial status during the reporting period [1] - Additionally, the committee requires the company to justify the significant increase in product sales with major distributors in 2024, including any equity relationships or other interests with these distributors [1]