招股书显示，此次募集资金将重点用于提升研发能力、优化高性能及超小型PA集成模组性能、高性能 滤波器研发、砷化镓外延结构及SOI工艺的开发等领域，以期突破国际巨头在BAW滤波器、毫米波模组 等领域的技术壁垒。 半导体和集成电路作为数字经济的基础要素，其战略重要性通过支持性政策、优惠税收待遇及定向投资 持续强化，推动产业向高端化、自主化升级。在政策引导与市场需求的双重驱动下，国内射频前端芯片 行业正迎来本土化浪潮。 在产品布局上，作为率先推出完全支持所有 5G 频段的 5G 射频前端解决方案的本土企业，飞骧科技已 构建完整的射频前端解决方案体系，覆盖从5G Sub-6GHz到Wi-Fi 7的前沿通信标准。其中，5G L- PAMiD模组产品在2024年已通过验证并实现量产交付，随着该产品陆续进入多家主流手机品牌旗舰机 型供应链，标志着公司在高集成度模组领域取得突破性进展。 转自：新华财经 据悉，随着募集资金的投入与核心技术的持续突破，飞骧科技有望进一步巩固全球市场地位，推动国内 射频前端产业整体升级，为我国集成电路产业实现科技自立自强、建设现代化产业体系提供坚实支撑， 成为新质生产力引领高质量发展的典范企业。（张 ...

Core Viewpoint - Shenzhen Feixiang Technology Co., Ltd. has officially submitted its IPO application to the Hong Kong Stock Exchange, marking a significant step for a leading company in the RF front-end chip sector in China towards global expansion [1][5] Group 1: Company Overview - Feixiang Technology is recognized for its precise grasp of industry trends and continuous technological advancements in products [3] - The company became the first domestic enterprise in China to launch a 5G RF front-end solution that fully supports all 5G frequency bands in 2020, seizing early market opportunities [3] - Feixiang's PA integration technology allows for the integration of low, mid, and high-frequency PA circuits into a single GaAs chip, significantly reducing circuit board space and meeting the compact design needs of mobile terminals and automotive applications [3] Group 2: Market Position - According to Frost & Sullivan data, Feixiang ranks fifth globally and first in China in terms of revenue from PA and PA integrated transceiver modules by 2024, and it ranks first globally in terms of shipment volume [3] - The company's success is attributed to its technological advantages and deep penetration into downstream markets, covering diverse fields such as mobile smart devices, Wi-Fi products, smart home, IoT, automotive communication, and satellite communication [3] - Feixiang has successfully entered the supply chains of leading mobile technology brands and well-known ODM manufacturers, establishing a stable and extensive customer base that further strengthens its market competitiveness [3] Group 3: Future Prospects - The ongoing IPO process is supported by the company's leading market position, which is expected to serve as a solid foundation for its capital market journey [5] - The company aims to leverage the IPO as an opportunity to transition from a leading position in China to a global leader in the RF front-end chip sector [5]

Core Viewpoint - Feixiang Technology has submitted a listing application to the Hong Kong Stock Exchange, with Guosen Securities (Hong Kong) as the sole sponsor [1] Company Overview - Feixiang Technology is a Chinese fabless semiconductor company focused on the design, research and development, and sales of RF front-end chips [1] - The product line covers various communication standards including 5G, 4G, 3G, 2G, Wi-Fi, and NB-IoT, and is applied in mobile devices, IoT, automotive communication, and satellite communication [1] - The company is the fifth largest globally and the largest in China in terms of PA and PA integrated transceiver module supply, ranking first globally by shipment volume [1] - In 2020, the company became the first domestic enterprise in China to launch a fully 5G RF front-end solution supporting all 5G frequency bands [1] Business Model - The company adopts a fabless model, outsourcing production processes while focusing on high value-added areas such as research and development, sales, and marketing [1] Industry Outlook - The global RF front-end chip market is expected to continue growing, driven by emerging fields such as smart automotive, satellite communication, and IoT [1]