Semiconductor companies are gathering towards the Science and Technology Innovation Board. How can they avoid the “pitfalls” in IPOs?

Since the launch of the Science and Technology Innovation Board in July 2019, semiconductor companies have ushered in a listing boom, accelerating the explosive growth in the number of semiconductor listed companies and the scale of financing. According to statistics, as of June 12, 110 companies have been successfully listed on the Science and Technology Innovation Board, including 25 semiconductor companies, and more semiconductor companies are in the acceptance and inquiry stage of the Science and Technology Innovation Board. In addition, more than 70 semiconductor companies have started their listing journey, of which nearly 50 are planning to be listed on the Science and Technology Innovation Board. Semiconductor companies are accelerating their gathering towards the Science and Technology Innovation Board.

As is well known in the industry, the Science and Technology Innovation Board IPO implements a registration system and has set up five sets of listing standards based on the two core indicators of the company's estimated market value and revenue. Targeted arrangements have also been made for red-chip companies to apply for issuance and listing on the Science and Technology Innovation Board. The obstacles to the return of red-chip stocks have been further cleared, and the entire Science and Technology Innovation Board IPO path has become increasingly clear.

In view of this, in order to deepen semiconductor companies' understanding of the Science and Technology Innovation Board IPO system and process, at 10:00 a.m. on June 16 (Tuesday), Jiwei.com invited Zhang Hui, Vice President of the Investment Banking Department of Huatai United Securities Co., Ltd., a leading professional investment bank in China, to be a guest at the 13th "Open Talk" to bring a wonderful sharing on the theme of "Introduction to Science and Technology Innovation Board IPO", and share with the audience of Jiwei's live broadcast room the introduction and process of Science and Technology Innovation Board IPO, as well as how to avoid the "pitfalls" in IPO.

"Jiwei Live Room·Lecture" is a new "Private for Big Names" live column. Each issue invites top big names as guest speakers to share and discuss in depth the current hot topics in the industry. In the previous eleven episodes, Jiwei.com invited Gao Shen, managing partner of Wutongshu Capital, to discuss "Investment and M&A opportunities for semiconductor equipment in East Asia"; He Hu, associate professor and doctoral supervisor at the Institute of Microelectronics of Tsinghua University, gave a keynote speech on "RISC-V Ecosystem"; Yu Daquan, founder of Xiamen Yuntian Semiconductor, gave a wonderful lecture on "Progress in Wafer-Level 3D Packaging Technology"; Chen Shaomin, managing director of Beijing Hanergy Investment and visiting professor of Fudan University/Shanghai Jiaotong University, gave a wonderful speech on "Reflection on history, competition among major powers and opportunities and challenges of semiconductors under the epidemic"; Yang Yueqi, vice president of Shanghai Yixin Communication, gave a speech on the theme of "5G NB-IoT joins hands with CAT.1 to replace 2G Internet of Things"; Wang Bo, CTO of Guangjian Technology, gave a wonderful speech on the theme of "Technical Principles and Frontier Challenges of 3D Visual Perception"; Yang Fenglin, deputy general manager of marketing and engineering of Shanghai Panqi Microelectronics Co., Ltd., gave a wonderful speech on "How wireless communication technology can leverage the trillion-level industrial Internet market"; veteran Dai Hui shared "How are Huawei chips made? 》; Wang Yang, Vice President of VeriSilicon Microelectronics (Shanghai) Co., Ltd., gave a wonderful speech on the theme of "The combination of ultra-low power IoT connection solutions and advanced semiconductor process technologies"; Chen Shaomin, Managing Director of Beijing Hanergy Investment and Visiting Professor of Fudan University/Shanghai Jiaotong University, shared "Global and Chinese semiconductor challenges and opportunities under the Sino-US struggle"; Li Jianwei, General Manager of Beijing Yanhuang Guoxin Technology Co., Ltd., gave a wonderful speech on the theme of "Seizing historical opportunities to make a difference in the field of high reliability"; Shen Chongwei, founder of Shanghai Juge Electronic Technology Co., Ltd., gave a wonderful sharing on the theme of "The principle of infrared thermal imaging anti-epidemic artifact and its industrial and consumer applications".

The specific time and process of the 13th lecture are as follows:

Time: June 16 (Tuesday) 10:00-11:00 am

10:00-10:05 Host introduction

10:05-10:50 Topic sharing: "Introduction to the Science and Technology Innovation Board IPO"

10:50-11:00 Interactive Q&A

Main contents of the 13th issue:

1. The role and significance of IPO

2. Introduction to the Science and Technology Innovation Board IPO

3. Introduction to the relevant process of IPO on the Science and Technology Innovation Board

4. How to avoid the pitfalls in IPO

5. Introduction to Huatai United Securities

The 13th "Open Talk" guest introduction:

Zhang Hui, Master of Finance, Sponsor Representative (registration in progress), has 9 years of experience in investment banking. He is currently the Vice President of the Investment Banking Department of Huatai United Securities Co., Ltd. As the project leader, he led the acquisition of Nexperia by Wingtech Technology (the largest semiconductor acquisition in the A-share market), the acquisition of Gree Electric Appliances by Hillhouse Capital (one of the top ten M&A transactions in the A-share market in 2019), the acquisition of STO Express by Alibaba (one of the top ten M&A transactions in the A-share market in 2019), Alibaba's strategic investment in Meinian Health, the issuance of shares by Auteco to purchase assets, the major asset restructuring project of Julong Pipe Industry, the issuance of shares by Furui Shares to purchase assets, and the tender offer for Wantong Real Estate by Jiahua Shares. He also participated in the IPO project of Sansure Guojian on the Science and Technology Innovation Board, the backdoor listing project of Tianxiaxiu (the first stock in the Internet economy), the tender offer for the China Railway High-speed Railway by SDIC Hi-Tech, and the major asset restructuring project of Xinzhi Motor. He has rich experience in mergers and acquisitions, restructuring, and IPOs.

At 10:00 am on June 16, the 13th episode of "Jiwei Live Room·Lecture" will be launched. It will be broadcast simultaneously on the five major live broadcast platforms of Aijiwei app platform , Sina Weibo, Bilibili, Baidu, and Xigua. Don't miss out on more practical and exciting content!

If you want to cooperate with Aijiwei platform, or want to know about related activities, you can contact Xu Lun of Jiwei.com (WeChat/phone number is 15021761190).