The first Science and Technology Innovation Board IPO enterprise accepted it.

Guotai Junan sponsor project received the approval of Science and Technology Innovation Board No. 001 issued by the Shanghai Stock Exchange. It is understood that this company is Jingchen Semiconductor. The main business is the R & D, design and sales of multimedia intelligent terminal SoC chip, which is mainly used in the cutting-edge fields of intelligent set-top box, intelligent TV and AI audio and video system terminals.

Shortly after that, Jiangsu Beiren, a new third board company, also issued an announcement, and the company Science and Technology Innovation Board's application for listing was accepted by the Shanghai Stock Exchange.

Application for listing of gem in Jingchen Semiconductor Department was accepted.

On March 22nd, Jingchen Semiconductor (Shanghai) Co., Ltd. (referred to as "Jingchen Semiconductor") received the notice of the initial public offering of shares on the Shanghai Stock Exchange and its application for listing in Science and Technology Innovation Board. The notice said that the Shanghai Stock Exchange checked the affectionate report and relevant application documents of the company's initial stock offering and listing on Science and Technology Innovation Board in accordance with the relevant regulations, and considered that the application documents were complete and in accordance with the legal form. decided to accept it and examine it in accordance with the law.

This is also the first company to receive approval from the Shanghai Stock Exchange for listing on the gem board, and the sponsor institution is Guotai Junan Securities. Guotai Junan released a summary report on the coaching work of Jingchen Semiconductor (Shanghai) Co., Ltd. (referred to as "Jingchen Semiconductor") in Shanghai Securities Regulatory Bureau on March 18.

According to the summary report, Guotai Junan and Jingchen signed the guidance Agreement on September 17, 2018, and submitted the guidance filing materials to the Shanghai Securities Regulatory Bureau on September 18, 2018, which was confirmed by the Shanghai Securities Regulatory Bureau.

In fact, Jingchen Semiconductor initially received listing counseling and originally planned to list on the motherboard, but later, due to the introduction of Science and Technology Innovation Board listing rules and other reasons, the company decided to change to Kechuang Board.

In the summary of the counseling work, Guotai Junan believes that through this tutoring, in accordance with the requirements of the Company Law, Securities Law and other relevant laws and regulations, the basic conditions for initial public offering and listing guidance and acceptance and listing stipulated by the China Securities Regulatory Commission have been met, and there are no substantive problems affecting the issuance and listing. And it has met the basic conditions for the guidance and acceptance of stock issuance and listing as stipulated by the China Securities Regulatory Commission.

Revenue and net profit have continued to rise in the past three years.

A net income of 283 million yuan last year

According to public data, Jingchen Semiconductor was founded in 1995 and is mainly engaged in the research, development, design and sales of multimedia intelligent terminal SoC chips. Chip products are mainly used in the frontier fields of science and technology, such as intelligent set-top boxes, intelligent TVs and AI audio and video system terminals. Jingchen is a global leader in wafer-free semiconductor system design, providing a variety of multimedia electronic products for a variety of open platforms. Including OTT, IP set-top box, smart TV and smart home products, the product scheme has been adopted by XIAOMI, BABA, Baidu, Inc., TCL, Skyworth, ZTE Corporation, China Mobile Limited, China Unicom, China Telecom Corporation, Google, Amazonn, Russia Telecom, India Reliance and other enterprises.

Although Science and Technology Innovation Board relaxed the profit conditions of the enterprise, but from the performance data, the profitability of Jingchen Semiconductor is very good.

Financial data show that from 2016 to 2018, Jingchen Semiconductor realized revenue of 1.15 billion yuan, 1.69 billion yuan and 2.37 billion yuan respectively. The net profits of the shareholders of the parent company are 73.02 million yuan, 78.09 million yuan and 283 million yuan respectively. Both revenue and net profit have shown a significant upward trend in the past three years, and the profitability is good.

What kind of company is Jingchen Semiconductor?

According to the company's website, Jingchen Semiconductor, founded in 2003, is a global leader in wafer-less semiconductor system design, providing a variety of multimedia electronic products for a variety of open platforms, including OTT, IP set-top boxes, smart TVs and smart home products.

Jingchen Semiconductor has an HD multimedia processing engine, system IP and industry-leading CPU and GPU technologies to provide product solutions for pay TV operators, OEM and ODM manufacturers, and turnkey solutions for Android and Linux to help partners quickly deploy the market.

In recent years, Jingchen Semiconductor has developed rapidly, and has been favored by Skyworth, Sony Group Corp, TCL, XIAOMI, BABA and many other well-known manufacturers in the market because of its cost and performance advantages. Jingchen Semiconductor has achieved good growth in the OTT box and TV market in recent years, supporting the company's continued increase in performance.

According to industry insiders, Jingchen Semiconductor's listing focuses on adding IPC (network camera) SoC market. In this market, Jingchen Semiconductor will seize the cake in the field of security subdivision with Beijing Junzheng, Guoke Weiwei, Fuhanwei and so on.

The global video surveillance market is expected to grow from $36.89 billion in 2018 to $68.34 billion in 2023, and will grow at a compound annual growth rate of 13.1% from 2018 to 2023, with webcam (IPC) growing the most ferociously, according to a report by Maimes.

After the ZTE incident in 2018, the recognition of domestic chips is at an all-time high, and China pays close attention to the development of "China Core" from top to bottom. Jingchen Semiconductor is now in the tuyere of national policy.

On October 27, 2015, the board of directors of Jingchen Co., Ltd. decided to increase its registered capital to US $11.9446 million. The new registered capital of US $1.9446 million will be paid by TCL ace (Huizhou) Co., Ltd. (hereinafter referred to as "TCL ace") and Shenzhen Skyworth Venture Capital Co., Ltd. (hereinafter referred to as "Skyworth Investment"). Among them, TCL ace subscribes registered capital of 1.6484 million US dollars in RMB equivalent to 29.214 million US dollars, and Skyworth Investment subscribes 296200 US dollars in RMB equivalent to 5.25196 million US dollars. On the same day, Jingchen Limited, Jingchen Holdings, TCL ace and Skyworth Investment signed the corresponding "investment agreement".

Jingchen Semiconductor has undergone about 10 equity changes. On December 29, 2018, the Management Committee of China (Shanghai) Free Trade pilot Zone filed the change of the company's foreign-invested enterprises. As of March 18, the above ownership structure has not changed.

The company has 23 shareholders. Among them, Jingchen Holdings holds 39.52% of the shares, making it the largest shareholder. John Zhong and YeepingChen Zhong are the actual controllers of the company. TCL ace directly holds 11.29% of the shares of the issuer, and Tianan Walden directly holds 5.22% of the shares of the issuer, both of which are the sponsors of the company.

Jingchen Semiconductor A-share shadow shares include Huasheng Tiancheng, Skyworth Digital, TCL Group, Teda shares, Xinhu Zhongbao.

TCL GroupThe company's TCL ace electric (Huizhou) Co., Ltd. holds 11.29% of Jingchen Semiconductor shares. The company's 2018 annual report revealed that the company indirectly controlled TCL ace electrical (Huizhou) Co., Ltd., with an indirect shareholding ratio of 98.51%.

Skyworth numberThe company confirmed on the interactive platform on March 20, 2019 that the controlling shareholder, Shenzhen Skyworth-RGB Electronics Co., Ltd. indirectly participated in Jingchen Semiconductor (Shanghai) Co., Ltd., and the shareholding ratio of the controlling shareholder was about 0.3%.

Huasheng Tiancheng:The company confirmed on the interactive platform on January 31, 2019 that it participated in Jingchen Semiconductor through Jiaxing Enamel Venture Capital Partnership (Limited Partnership).

Teda sharesThe company indirectly holds shares in Jingchen Semiconductor, which is a comprehensive listed company mainly engaged in ecological and environmental protection, high-tech man-made fiber materials, land resource consolidation and public transportation.

The first of the new third board!

Jiangsu Beiren Kecheng Board listing application is accepted by Shanghai Stock Exchange

Jingchen Semiconductor took Kechuangban 001 to accept the approval, while the new third board company Jiangsu Beiren got Science and Technology Innovation Board 004 to accept the approval.

Jiangsu Beiren (836084), a new third board company, announced on March 22nd that the company submitted Science and Technology Innovation Board's listing application to the Shanghai Stock Exchange.[2019]On the 4th "notice on accepting the initial public offering of shares of Jiangsu Beiren Robot Systems Co., Ltd. and listing application in Science and Technology Innovation Board", the company Science and Technology Innovation Board's listing application has been formally accepted by the Shanghai Stock Exchange.

Jiangsu Beiren A-share shadow shares include Lianming shares, soft control shares, Yu Heng Pharmaceutical and so on.

Lianming sharesThe company confirmed on the interactive platform on March 6, 2019 that it held about 2.74 million shares of Jiangsu Beiren shares, accounting for 3.11% of the company's total share capital.

Soft control sharesAccording to the 2018 report of Jiangsu Beiren, the second largest shareholder is Shanghai Yongkang Investment Partnership (limited partnership), which holds 8.4943 million shares, with a shareholding ratio of 9.65%. The fund, jointly funded by soft Control shares Wang Jian, Qingdao Rongyu Capital, Yongqing Investment and Xianghe Yongan, was set up in June 2015. the proposed size of the fund is 50.01 million yuan and its duration is seven years.

Yu Heng Pharmaceutical Industry:By the end of June 2018, the company had actually contributed 28 million yuan and held 3.96% of Origin regular shares. According to public information, Origin regular participated in two rounds of financing of Jiangsu Beiren in 2017 and 2018 respectively. As of October 25, 2018, Origin regular held 3.07% of Jiangsu Beiren's shares.

Data show that the main business of Hengbei people is the development and design of processing and assembly robots, automation equipment, mechanical and electronic equipment, automation systems and production lines. On June 28, 2018, Jiangsu Beiren was also selected as the "gazelle enterprise" in Suzhou Industrial Park. Zhu Zhenyou, the controlling shareholder and actual controller of Jiangsu Beiren, directly holds a stake of 30.77% of the company. In addition to its direct shareholding, Suzhou Wenchen Mingyuan Information Technology Consulting Partnership (Limited Partnership), which is a general partner and executive partner, holds a 1.77% stake in the company.

According to the financial statements, from 2015 to 2017, Jiangsu Beiren realized operating income of 136 million yuan, 240 million yuan and 251 million yuan respectively, up 58.38%, 76.87% and 37.25% over the same period last year, and realized net profits of 17.562 million yuan, 26.8891 million yuan and 34.05 million yuan for shareholders of listed companies, respectively, up 103.18%, 53.11% and 40.19% over the same period last year. In the first half of 2018, Jiangsu Beiren achieved an operating income of 193 million yuan, an increase of 34.83 percent over the same period last year, and a net profit of 26.7864 million yuan, an increase of 34.49 percent over the same period last year.