Core Viewpoint - Wuxi Haoda Electronics Co., Ltd. has submitted a listing guidance report to the China Securities Regulatory Commission, indicating a renewed attempt to go public after a previous failed IPO [1][2] Company Overview - Founded in 1999, Haoda Electronics is one of the early players in the surface acoustic wave (SAW) filter market in China [2] - The company successfully developed SAW filters and resonators for walkie-talkies and remote controls in 2001, establishing a technological foundation in the RF front-end chip sector [2] - Over 20 years, Haoda Electronics has become a leading domestic producer of SAW filters, with product performance nearing international standards [2] Market Position and Clientele - Major clients include well-known companies such as Xiaomi, ZTE, Samsung, Lenovo, and Foxconn [2] - The demand for domestic RF chip replacements is strong due to the rapid development of 5G communications and the Internet of Things [2] IPO Attempts and Regulatory Environment - This is not the first attempt by Haoda Electronics to go public; the company previously submitted an application to the Shanghai Stock Exchange and received an acceptance notice in June 2021 [1] - The IPO application was approved in November 2021 but was later withdrawn in December 2022, with the CSRC terminating the registration process in February 2023 [1][2] - The reasons for the withdrawal remain unclear, but industry speculation suggests factors such as market environment changes, valuation adjustments, or regulatory inquiries [2] Future Outlook - With the trend of domestic semiconductor self-sufficiency, the RF front-end chip market presents significant opportunities [2] - The change of guidance institutions and the renewed effort to enter the capital market warrant ongoing attention regarding the company's listing progress and valuation performance [2]