Core Viewpoint - Xiamen Youxun Chip Co., Ltd. has been accepted for IPO on the Sci-Tech Innovation Board, focusing on the research, design, and sales of optical communication front-end transceiver chips [2] Company Overview - Youxun is recognized as a "national-level manufacturing single champion enterprise" in the optical communication sector [2] - The company was founded by Ke Binglan in 2003, initially focusing on domestic optical communication chips [5] Financial Highlights - The company plans to raise 889 million yuan through the IPO, allocated for various projects including next-generation access network and high-speed data center chip development, automotive chip R&D, and 800G optical communication chip development [3] - Financial performance from 2022 to 2024 shows revenue growth from 339 million yuan in 2022 to 411 million yuan in 2024, while net profit increased from 81.4 million yuan to 77.9 million yuan [4] Shareholding Structure - The shareholding of Youxun is relatively dispersed, with no single shareholder holding more than 30% of voting rights, indicating no controlling shareholder [7] - Ke Binglan directly holds 10.92% of the shares and, along with Ke Tenglong, controls a total of 27.13% of the voting rights [7][8] Management Team - Ke Binglan has been the chairman since the company's inception and was appointed as the general manager in April 2022, while his son, Ke Tenglong, has been involved since 2014 and became the executive vice general manager in August 2022 [8]