According to the Star Daily on November 29 (Reporter Huang Xiumei), Xiamen Youxun Chip Co., Ltd. (hereinafter referred to as "Youxun Technology") completed its counseling filing registration at the Xiamen Securities Regulatory Bureau on November 29, planning to go public for the first time and list its stocks, with CITIC Sec as the counseling institution.

Participated in the formulation of dozens of national and industry standards.

According to information on the company's official website, Youxun Technology was established in February 2003, providing high-speed transceiver chip solutions in areas such as 5G front haul/middle haul, cloud computing, optical access networks, and datacenters for global optical module manufacturers and system equipment suppliers.

It is one of the third batch of specialized, special and new "little giant" enterprises recognized by the Ministry of Industry and Information Technology and is a national-level "single champion" in manufacturing from the eighth batch; it is one of the first design companies in china to specialize in high-speed transceiver chips for optical communications and the first company in the industry to develop high-speed optical communication transceiver chip products using CMOS technology.

Youxun Technology has participated in the formulation of dozens of national and industry standards, and in 2018 launched the industry's first CMOS technology 10Gbps LR/SR transceiver chip with integrated DDM functionality; by 2021, the company's products entered the 100G-400G range; in 2022, it launched the industry's first complete solution for 25G/50G PON burst upstream.

Reporters from the Star Daily noticed that from the perspective of industrial development, high-speed optical chips/modules are key components in the development of 5G communication and AI industries, playing an important role in the "computational power" that constitutes the core capability of AI, and are also seen by many industry insiders as one of the few sectors in china that have realized performance amid the AI wave.

"As one of the core foundations of modern technology industries, the fact that Youxun Technology is entering the counseling filing stage at this time means that the company is seeking further development in the capital markets, aiming to raise funds through its listing for research and development and expansion of production scale," said an industry insider in the field of optical communications to the Star Daily reporter, adding, "This is not only significant for the company's own development but may also play a role in promoting the development of the chip industry."

Legal educators "cross over" into communication chip design.

Youxun Co., Ltd. has no controlling shareholder; the actual controllers are Ke Binglan and Ke Tenglong, who together control 27.15% of the company's voting rights. Additionally, Ke Binglan is the legal representative and chairman of the company.

According to public reports, Ke Binglan was born in 1955 into a working-class family in Putian, Fujian. He won the Fujian Provincial Youth Table Tennis Championship at the age of 16, enlisted at 18, and after the restoration of the college entrance examination, he entered China University of Political Science and Law the following year. After graduation, he taught at the Law School of Xiamen University.

While in the army, Ke Binglan was assigned to the artillery command company as a communication soldier, gaining a concrete understanding of communication technology; during his studies at China University of Political Science and Law, he often went across the street to Beijing University of Posts and Telecommunications to learn about communication technology.

In the early 1990s, Ke Binglan subsequently "went into business," first becoming an executive in a foreign trade company, then venturing into business and starting his entrepreneurial journey:

In 2003, Ke Binglan started Youxun Co., Ltd. with 2 million yuan, establishing it near the software park next to Xiamen University. In 2010, Youxun Co., Ltd. launched the country's first chip supporting "fiber to the home"—the UX3328, which was also the product with the highest integration at that time in the world.

As of October this year, public reports show that Youxun Co., Ltd. has shipped nearly 2 billion chips, covering optical communication front-end core transceiver chips with speeds ranging from 155M to 800G.

Received strategic investment from china mobile.

In terms of the company's equity structure, the equity penetration shows that institutions such as Shenzhen Capital under Shenzhen State-owned Assets Supervision and Administration Commission, sg micro corp, Hengtai Huasheng, fujian electronic information industry fund, Xiamen High-tech Investment, Jianxin (peking) Investment, and fujian electronic information industry fund are shareholders of the company, holding 10%, 8.09%, 6.63%, 4.96%, 3.64%, 1.77%, and 1.77% of the equity respectively.

According to data, youxun co. has gone through four rounds of financing: the earliest was the A round financing in 2010, participated by Xiamen High-tech Investment and Yingfu Taike; it completed the C round financing in February 2024, with investment from three institutions: Kaiping Management, fujian electronic information industry fund, and Jinyuan Group.

The company's official public account shows that china mobile's zhongyi capital also strategically invested in youxun co. this May.