Power semiconductor manufacturer Macromicro Technology officially landed on the Science and Technology Innovation Board with a 201.1% increase in its listing price

On September 1, Macrowei Technology was officially listed on the Shanghai Stock Exchange Science and Technology Innovation Board. The company's stock code is 688711 and the issue price is 27.51 yuan per share. As of press time, Macrowei Technology's stock price was 82.82 yuan per share, an increase of 201.1%, and its total market value reached 8.157 billion yuan.

According to the information, Macromicro Technology is mainly engaged in the design, development, production and sales of power semiconductor chips, single tubes, modules and power modules, mainly IGBT and FRED. The core of IGBT, FRED single tube and module is IGBT chip and FRED chip. The company has the ability to independently develop and design the mainstream IGBT and FRED chips in the market. In the company's main business, chips and single tubes are completely self-developed chips, and module products use self-developed chips and purchased chips respectively.

According to market and customer needs, the company develops and produces power semiconductor chips, single tubes, modules and power module products in series. At present, the company's products cover more than 100 kinds of IGBT, FRED chips and single tube products, more than 400 kinds of module products such as IGBT, FRED, rectifier diodes and thyristors. The company's product performance and process technology are at the advanced level in the industry. The products are mainly used in industrial control, such as frequency converters, inverter welding machines, UPS power supplies, etc.; some products are used in new energy power generation, such as photovoltaic inverters, SVG (static VAR compensator), APF (active power filter), etc.; new energy vehicles, such as new energy buses, car air conditioners, new energy vehicle electronic control systems, new energy vehicle charging piles; white appliances, such as air conditioners, refrigerators, microwave ovens and other fields.

From 2018 to 2020, Hongwei Technology achieved operating income of RMB 262.4927 million, RMB 259.7209 million, and RMB 331.6293 million, respectively. Among them, the total sales revenue of chips (including entrusted processing), single tubes and module products were RMB 221.3907 million, RMB 246.9947 million and RMB 317.1836 million, respectively.

Zhao Shanqi, Chairman and General Manager of Macromicro Technology, said that the company was established in 2006 and is currently mainly engaged in the design, research and development, production and sales of power semiconductor devices, mainly IGBT and FRED. After more than ten years of development, the company has now formed a strong IGBT and FRED chip design capability with independent intellectual property rights, including chip layout design and process design, packaging design and manufacturing, characteristic analysis and reliability testing, failure analysis and application research, etc., and has accumulated a lot of experience in large-scale production and quality control management. The product quality and service level have won wide recognition from customers.

In the future, the company will continue to catch up with leading foreign technologies, learn from advanced experiences, and at the same time leverage the power of the capital market to integrate more upstream and downstream resources and introduce more domestic and foreign power semiconductor talents to develop and produce more efficient and reliable power semiconductor devices, providing domestic complete machine application customers with better quality products.