Core Viewpoint - The article discusses the recent IPO progress of several domestic semiconductor companies, highlighting their innovations and market potential in the semiconductor industry. Group 1: IPO Progress of Semiconductor Companies - Multiple domestic chip companies, including Ziguang Tongchuang, Qinheng Micro, and others, have announced their IPO advancements [2] - Ziguang Tongchuang has initiated its IPO process with the support of CITIC Securities, focusing on FPGA chips and EDA development tools [3][5] - Qinheng Micro has completed its IPO counseling work and aims to provide solutions for IoT connectivity through its self-developed interface IP and microprocessor core [6][7][8] - Sibiqi has restarted its IPO process after previous setbacks, focusing on AI-driven voice technology and solutions for various industries [9][10] - Yuexin Semiconductor has begun its IPO counseling with Guotai Junan, aiming to enhance its production capacity for analog chips [11][12][13] - Ruishi Chuangxin is preparing for its IPO, focusing on high-performance RF front-end chips for 4G/5G applications [15][16] - Xinyaohui has also initiated its IPO process, specializing in semiconductor IP development and providing comprehensive IP platform solutions [17][18][19] Group 2: Market Potential and Innovations - FPGA chips are highlighted for their flexibility and low latency, making them suitable for various applications, including industrial and automotive sectors [4] - Qinheng Micro's focus on self-developed IP enhances its product performance and reduces costs, contributing to its competitive edge [8] - Sibiqi's strategy emphasizes the integration of cloud and chip technologies to drive AI applications in smart devices [9][10] - Yuexin Semiconductor's new production line aims to achieve a monthly output of nearly 80,000 12-inch wafers, significantly boosting its manufacturing capacity [12][13] - Ruishi Chuangxin's product offerings cater to the growing demand for RF components in mobile and IoT markets [16] - Xinyaohui's comprehensive IP solutions support advanced protocols and are positioned to meet the needs of AI and high-performance computing sectors [19][21]

Group 1 - The core viewpoint of the news is that Huatai United Securities has completed the IPO guidance work for Nanjing Qinheng Microelectronics Co., Ltd., indicating the company's readiness for public listing [1] - Qinheng Micro has established a sound corporate governance structure, accounting practices, and internal control systems, demonstrating a comprehensive understanding of the legal responsibilities and obligations related to issuing and listing [1] - The company previously attempted an IPO in 2022 but was unsuccessful, and it restarted the guidance filing in September 2024, completing the process in less than eight months [1] Group 2 - Qinheng Micro focuses on connection technology and microprocessor core research, specializing in integrated circuit design based on self-developed interface IP and microprocessor core IP [2] - The company's chip design emphasizes foundational construction and vertical specialization, starting with key IP components and building finished chips, complemented by upper-layer protocol stacks and computer drivers [2] - The self-developed IP system enhances the flexibility of chip architecture, reduces external IP component costs, and improves overall product performance while lowering power consumption and increasing efficiency [2]