新股消息 | 移芯通信递表港交所

Core Viewpoint - Shanghai Yixin Communication Technology Co., Ltd. (Yixin Communication) has submitted an application for listing on the Hong Kong Stock Exchange, with CITIC Securities International as the sole sponsor. The company is a global leader in cellular communication chips, providing optimized engines for devices to communicate via cellular LTE/5G networks [1][2]. Group 1: Company Overview - Yixin Communication is recognized as a leading provider of cellular IoT chips, with a strong position in the global market [2]. - The company's chip product matrix covers low, medium, and high wireless transmission speeds, ensuring high performance, low power consumption, and cost-effectiveness [1]. - Yixin Communication's chips are foundational to the IoT ecosystem, enabling seamless data exchange for smart meters, vehicles, and industrial equipment [1]. Group 2: Market Position and Performance - According to Frost & Sullivan, Yixin Communication is expected to achieve a shipment of 26.3 million NB-IoT chips in 2024, capturing 38.4% of the global NB-IoT market [2]. - The company is also a strong competitor in the Cat.1bis chip market, with projected shipments of 61.1 million units in 2024, representing 22.7% of the global Cat.1bis market, making it the second-largest player in this segment [2].