Core Viewpoint - The company, Shanghai Hejian Industrial Software Group, has officially initiated its IPO process, marking a significant step for a leading domestic EDA (Electronic Design Automation) enterprise in China [1][2]. Group 1: Company Overview - Hejian Industrial Software focuses on providing comprehensive EDA tools for digital chip design, possessing multiple proprietary technologies in key areas such as software and hardware simulation, interface IP, and system-level EDA [1]. - The company is currently the only domestic EDA enterprise capable of covering the entire digital chip verification process while offering advanced process high-speed interconnect IP [1]. - Hejian has successfully developed a complete digital chip verification solution, from early virtual architecture design modeling to hardware simulation acceleration and full-chip-level prototype verification [1]. Group 2: Technological and Financial Strength - The company has undertaken key national and local R&D projects, earning multiple honors such as the national-level "specialized, refined, and innovative" small giant enterprise and high-tech enterprise [2]. - As of the end of 2025, Hejian has completed seven rounds of financing, raising over 4 billion yuan, setting a record for financing scale in the domestic EDA industry, reflecting strong confidence from the capital market in its growth prospects [2]. - The company is recognized for its significant role in promoting domestic alternatives in the integrated circuit EDA sector, particularly in the context of the accelerating domestic chip self-sufficiency process [2]. Group 3: Market Context - EDA tools are considered the "industrial mother machine" of chip design and are highly regarded in the semiconductor industry, characterized by high technical barriers and market concentration, historically dominated by international giants [2]. - The digital chip verification field, where Hejian operates, is one of the most technically challenging and largest market segments within EDA, with the company's solutions filling several gaps in the domestic market [2].