Overview of companies that applied for listing guidance in the electronics industry in the second half of 2020: Guangdong accounts for 58%

Jiwei.com News Since the official operation of the Science and Technology Innovation Board in 2019, the registration system of the Growth Enterprise Market has also been officially implemented in 2020. This has, to a large extent, encouraged non-listed companies in the electronic technology field to enter the A-share capital market. According to the author's observation, after entering the second half of 2020, whether it is the Science and Technology Innovation Board or the Growth Enterprise Market registration system, the IPO process of enterprises has been accelerating.

Recently, the author has counted the names and number of companies in the technology industry chain such as mobile phones/semiconductors/automobiles that entered the listing guidance stage in the second half of 2020. According to incomplete statistics, after the second half of the year, more than 100 companies in the three major fields have officially entered the guidance stage. According to the review speed of the Science and Technology Innovation Board, many companies with considerable strength in the industry will complete their listing in the first half of 2021.

Among the 109 companies that have entered the guidance period, Guangdong (excluding Shenzhen) accounts for 33, Shenzhen accounts for 30 (several of which have submitted IPO prospectuses in late December 2020 and are therefore not included in the calculation), Jiangsu accounts for 8, Shanghai accounts for 7, and Hubei accounts for 6. In terms of proportion, Guangdong and Shenzhen account for a total of 63 companies, accounting for 57.79% of the total.

First, let’s take a look at the semiconductor market. More than 20 companies have entered the coaching period, including Zhongtu Semiconductor, Actions Technology, Zhuhai Yueya, Saiwei Microelectronics, Ankai Microelectronics, Weiheide, Biyiwei, AMEC, BIWIN, Jiangbolong, Tianwei Electronics, Diao Microelectronics, Nanochip, Zhonggan Microelectronics, Saixin Electronics, Guoxin Technology, Maxk, Hualan Microelectronics, Longteng Semiconductor, Actions Technology, Xindonglianke, and Haoshanghao.

The largest number of companies are in the smartphone industry chain and 3C consumer electronics fields, including Huaqin Technology, Siquan New Materials, Jingbo Optoelectronics, Fast Precision, Sumida Automation, Youwo Technology, Weifeng Electronics, Anda Intelligent, Silingjie, Zhidi Technology, Liuchun Intelligent, Qiaofeng Intelligent, Ubang Materials, Prady, Jiebang Precision, Guanghaojie, Weihaide, Jingchuang Technology, Orbbec, Edifier, Emdoor Information, Jinyahao, Everbright Tongchuang, Xinjinquan, Unicom, Sanyingxing, Hongxi Technology, Belon Precision, Lianchuang Hongsheng, Jinbao Electronics and more than 30 others, not including the above-mentioned mobile phone semiconductor companies.

From the perspective of the smartphone industry chain, it mainly includes upstream electronics and materials equipment. According to the author's previous statistics on the list of IPO companies that have submitted in the first half of the year, smartphone industry chain materials and equipment companies mainly choose to be listed on the Growth Enterprise Market, and only a few companies have chosen the Science and Technology Innovation Board.

In addition, the automotive industry chain is also an important industry among the large number of listed companies this year. With the breakthrough in sales of new energy vehicles and policy incentives, since 2020, more and more automotive industry chain companies have entered the capital market. In addition to companies that have already submitted IPOs, there are also many companies that have just entered the guidance and filing stage. 

Overall, in 2020, both the number of companies submitting IPO prospectuses and the number of companies entering listing guidance filing have increased significantly compared with last year; but overall, for companies in the smartphone industry chain, they are beginning to lean more towards the upstream industry end.

Next, Jiwei.com will successively release an overview of companies in the mobile phone/semiconductor industry that submitted IPO prospectuses in 2020 and an overview of companies that successfully passed IPO in 2020. Please stay tuned!