Core Viewpoint - Hefei Chip Valley Microelectronics Co., Ltd. has resumed its IPO counseling process after withdrawing its application in April 2024, indicating a renewed focus on public listing and capital raising [1][4]. Group 1: Company Background - Chip Valley Microelectronics was established in 2014 and specializes in the research, design, production, and sales of semiconductor microwave and millimeter-wave chips, microwave modules, and T/R components [4]. - The company primarily offers products based on GaAs and GaN compound semiconductor processes and provides related technical development services [4]. Group 2: IPO and Fundraising Plans - The company previously submitted an application for listing on the Sci-Tech Innovation Board in May 2023, aiming to raise CNY 850 million (approximately USD 130 million) for microwave chip packaging and testing, module industrialization projects, R&D center construction, and working capital [4]. - The current counseling process is structured into four phases, including the development and implementation of a specific counseling plan, financial training, counseling acceptance, and the preparation of a summary report [4]. Group 3: Ownership Structure - The founder and controlling shareholder, Liu Jiabing, directly holds 28.33% of the company's shares and, along with his spouse Zhang Yuanling, controls 43.60% of the voting rights, making them the actual controllers of the company [4].