1. Wuxi Holyview Microelectronics Co., Ltd. Listed on the Shanghai Stock Exchange Main Board
On January 24th, 2024, Wuxi Holyview Microelectronics Co., Ltd. (Stock Short Name: Holyview, Stock Code: 603375), an invested enterprise of the Runko Microelectronics Fund, successfully listed on the main board of the Shanghai Stock Exchange.
Holyview issued 25,166,670 shares in this public offering at a price of 38.18 yuan per share, raising approximately 960,863,300 yuan. After the public offering, the total share capital is 101 million shares, with 19,727,300 shares already listed for trading since January 24th, 2024.
Holyview is a high-tech enterprise engaged in the research, development, production, and sales of core control components for industrial electronic detonators and blasting controllers based on high-performance, ultra-low power consumption chip design capabilities. Founded in 2016 at the IoT-Park of Gaoxin District, Wuxi, Holyview focuses on industrial safety, providing customers with high-quality system design solutions through meticulous quality control in the entire process from design and manufacturing to delivery. It has become the electronic control module enterprise with the largest scale and brand influence in the civilian blasting equipment industry. At the same time, Holyview extends its core technology to applications in emergency management and disposal, new energy vehicle safety systems, and continuously explores domestic and international markets to enhance its core competitiveness.
As an upstream supplier in the civil explosive industry, Holyview achieved rapid development from scratch and from small to large within a few years since its establishment in 2016. In 2022, Holyview’s market share of electronic control module products in the blasting field reached a high of 40.41%. According to the prospectus, during the reporting period (from 2020 to the first half of 2023), Holyview’s operating income and net profit steadily increased. As of December 13th, 2023, Holyview and its subsidiaries has owned a total of 99 patents, including 31 invention patents. Holyview has been recognized as one of the National SRDI “Little Giants” enterprises and one of Jiangsu Province SRDI “Little Giants” enterprises (manufacturing category) and is High-Performance Digital Electronic Detonator Engineering Technology Research Center at Jiangsu Province.
Message from CR Microelectronics Fund:
Holyview has excelled in the field of communication control modules and related control network systems, continuously expanding its market share in the blasting field. Simultaneously, it actively explores the application of core technology in geological exploration, petroleum extraction, emergency management and disposal, new energy vehicle safety systems, and other areas.
2. Guangdong Misun Technology Co., Ltd. Listed on the ChiNext Board of the Shenzhen Stock Exchange
On January 24th, 2024, Guangdong Misun Technology Co., Ltd. (Stock Short Name: Misun Technology, Stock Code: 301577) successfully went public on the ChiNext board of the Shenzhen Stock Exchange.
Misun Technology issued 11,095,149 shares in this public offering at a price of 36.51 yuan per share, raising approximately 405 million yuan. After the public offering, the total share capital is 44.26 million shares, with 11,095,100 shares already listed for trading since January 24th, 2024.
Established in 2003, Misun Technology is a high-tech enterprise specializing in the design, research and development, production, and sales of magnetic components. It is a National SRDI “Little Giants” enterprise, with its products mainly targeting the fields of network communication, new energy vehicles, industrial power supplies, etc. With profound market experience and years of technological research, Misun Technology has comprehensive manufacturing capabilities for various categories of magnetic components. Currently, Misun Technology holds a total of 77 domestically authorized patents, including 5 invention patents and 72 utility model patents. It also has 2 overseas patents and 3 software copyrights.
Misun Technology consistently views technological and product innovation as the driving force for development. It places importance on technological reserves, product design innovation, process innovation, and product innovation. By closely tracking industry technological trends and accumulating production experience over the years, Misun Technology has formed a technology system with independent intellectual property rights, focusing on new product development.
At present, Misun Technology has achieved independent control of core technologies in the field of magnetic components, mastering several core technologies such as filter welding methods and heat-press welding technology, new sealing technology for network transformers, chip inductor technology, and integrated magnetic technology for three-in-one transformers. It is one of the manufacturers in the network transformer industry that has achieved mass production of chip inductors.
Message from CR Microelectronics Fund:
Misun Technology has made full use of both international and domestic markets, continuously enhancing its core competitiveness, actively broadening application areas, expanding its business scale, and increasing its market share. Ultimately, Misun Technology aims to become an influential manufacturer of magnetic components in China and even globally.
