Core Viewpoint - Wuxi Jingyuan Microelectronics Co., Ltd. is accelerating its IPO process with the goal of becoming a leading semiconductor integrated circuit design company in China, supported by CITIC Securities [1][6]. Company Foundation and Structure - The company transitioned to a joint-stock company in 2022, with a registered capital of 51.066757 million yuan, and a clear shareholding structure where the actual controller, Zhu Weimin, holds 25.3743% of the shares [2]. - The company is located in Wuxi National High-tech Industrial Development Zone, benefiting from regional industrial clustering and policy support [2]. Technical Strength and R&D Innovation - Jingyuan Microelectronics has a strong R&D team with capabilities in various technology platforms, holding 220 patents, 18 trademarks, and 2 copyrights, with significant innovations in 2025 [3]. - The company invests approximately 48 million yuan annually in R&D, launching over 40 new designs each year, which enhances its competitive edge in the market [3]. Product System and Market Presence - The product matrix includes power management and signal chain chips, serving high-growth sectors such as automotive electronics, industrial control, and consumer electronics, with annual sales exceeding 800 million yuan [5]. - The company has established a robust marketing service system, with products sold across more than 20 provinces in China and exported to regions including Europe, the Middle East, and Hong Kong [5]. IPO Progress and Future Outlook - Jingyuan Microelectronics is in a critical phase of its IPO process, having signed a counseling agreement with CITIC Securities and undergoing comprehensive guidance to ensure compliance with market regulations [6]. - The company aims to leverage capital market resources to enhance R&D investment, expand market share, and improve its product system, contributing to the rise of China's semiconductor industry [8].

Core Viewpoint - The company, Unisoc, has announced that its automotive domain control chip THA6 has entered mass production, with the second generation products compatible with over ten mainstream domestic and international toolchains and basic software, and has been adopted by multiple OEMs and Tier 1 suppliers, with gradual mass production expected by 2026 [2][4] Group 1: Company Overview - Unisoc has over 20 years of experience in semiconductor integrated circuit design, establishing a systematic competitive advantage in R&D capabilities, core technologies, supply chains, and customer resources, making it a leading domestic semiconductor integrated circuit design enterprise [2][4] - The company is one of the earliest in China to engage in the design and development of special integrated circuits and intelligent security chips, holding significant brand influence and recognition domestically [2][4] Group 2: Market Position - In the field of special integrated circuits, Unisoc is a key supplier in China, serving a wide range of users across various sectors [2][4] - In the intelligent security chip sector, Unisoc's SIM card chip business ranks among the top in both domestic and global markets, with leading market shares in financial IC card chips, ID card readers, and POS machine SE chips [2][4] - The company holds a leading position in certain areas of automotive electronic chips within China [2][4] Group 3: Commercial Aerospace Sector - Unisoc's products, including FPGA, read-refresh chips, memory, and bus interfaces, are being gradually introduced into the commercial aerospace sector, with positive progress reported [2][4] - The commercial aerospace industry has a long supply chain and a high demand for integrated circuits, and the company is continuously exploring new application scenarios based on existing products [2][4]

Core Viewpoint - The company, Unisoc, has successfully launched its first-generation automotive domain control chip, THA6, which is now in mass production and has been integrated with multiple mainstream toolchains and software from various domestic and international manufacturers [2] Group 1: Product Development and Market Position - The second-generation THA6 series is expected to be adapted for over ten mainstream toolchains and basic software, with mass production anticipated to gradually ramp up by 2026 [2] - Unisoc has over 20 years of experience in semiconductor integrated circuit design, establishing a systematic competitive advantage in R&D capabilities, core technologies, supply chains, and customer resources, making it a leading player in the domestic semiconductor integrated circuit design industry [2] - The company is one of the earliest in China to engage in the design and R&D of special integrated circuits and intelligent security chips, holding significant brand influence and recognition domestically [2] Group 2: Market Share and Applications - In the special integrated circuit sector, Unisoc is a key supplier with a wide user base across various related fields [2] - The company ranks among the top in both domestic and global market shares for SIM card chips, and leads the market in financial IC card chips, ID card readers, and POS machine SE chips [2] - Unisoc holds a leading position in certain areas of automotive electronic chips within China [2] Group 3: Commercial Aerospace Sector - In the commercial aerospace sector, Unisoc's products, including FPGA, read-refresh chips, memory, and bus interfaces, are being gradually introduced with positive progress [2] - The company is exploring new application scenarios based on existing products, as the commercial aerospace industry has a long supply chain and significant integrated circuit demand [2]