According to Elephant Jun, the 101st review meeting of the Listing Review Committee of the Shanghai Stock Exchange in 2023It was held on December 18, and a total of 1 proposed IPO company was reviewed, and 1 was approved
Brite (IPO) was approved.
Brite Semiconductor (Shanghai) Co., Ltd. ***It is an integrated circuit design service enterprise focusing on providing one-stop chip customization. The company is positioned in the field of a new generation of information technology, and has been committed to providing customers with high-value and differentiated chip design services since its establishment, and has developed a comprehensive technical service system with large-scale SoC custom design technology and semiconductor IP development technology as the core.
With the continuous evolution of integrated circuit process technology platforms and process nodes, the difficulty and cost of chip design continue to increase, and at the same time, in the context of the ups and downs of anti-globalization ideology, the importance of chip chain security is also increasing. The company ranks as Chinese mainland.
Second, the world's fifth largest design service enterprise, adhering to the important principle of "independence, safety and controllability" of the ** chain, chooses to carry out strategic cooperation with the most advanced technology and the largest professional wafer foundry enterprise in Chinese mainland, has the design service ability of the most advanced logic process and mainstream characteristic process covering the mainland local independence, reduces the difficulty and cost of customer chip development with high-quality design services, and is committed to becoming a strong backing for the development of China's integrated circuit design industry.
The company is a national-level specialized, special and new "little giant" enterprise, and has been selected into the list of national-level specialized, special and new "little giant" enterprises recommended for support (the second batch of the first year). With its excellent performance in technology and services, the company has won many honorary awards such as "China Semiconductor Innovative Products and Technology Award", "Best Design Enterprise Award in China's Semiconductor Market", "Shanghai Pudong New Area Science and Technology Award", "2021 Most Influential IC Design Enterprise", and was selected as "The World's 60 Most Concerned Semiconductor Startups" by the authoritative "Electronic Engineering" ee times.
SMIC, a wholly-owned subsidiary of SMIC, directly holds 1898% of the shares, the second largest shareholder of the issuer. At this stage, the company's main wafer foundry is SMIC, and the issuer's purchase amount from SMIC in each period of the reporting period is 33,489720,000 yuan, 71,292850,000 yuan, 93,016$570,000 and $35,966230,000 yuan, accounting for the proportion of the total procurement in each period. 89% vs. 7529%。
It is worth mentioning that the previous meeting of Brite shares was suspended, and the second meeting was successfully passed!
The IPO sponsor is Haitong**, the issuer's accountant is Rongcheng, and the lawyer is AllBright.
The total share capital of the company before the issuance is 90,000,000 shares, the number of shares issued this time is not more than 30,000,000 shares, and the total share capital after the issuance is not more than 120,000,000 shares. 1. Backed by SMICAs of the date of this Prospectus, the Issuer has no controlling shareholder or actual controller. Zhuang Zhiqing, the largest shareholder, and his persons acting in concert hold a total of 1982% stakeSMIC, a wholly-owned subsidiary of SMIC, holds 1898%, the second largest shareholder. Zhao Haijun, a former chief operating officer and executive vice president of SMIC, has served as chairman of Brite since 2017Zhao Haijun was admitted to Tsinghua University in 1983 and received his Ph.D. degree in 1994. 2. Performance in the reporting period
From 2020 to the first half of 2023, the company's operating income was 50.6 billion yuan, 95.5 billion yuan, 130.3 billion yuan, 66.7 billion yuan;The net profit attributable to the parent company was 1758540,000 yuan, 4361090,000 yuan, 9486620,000 yuan, 10.9 billion yuan. 3. Plans to raise funds 6100 million yuanfor 3 major projects
The IPO plans to raise 600 million yuan, which will be used for customized solution platforms for network communication and computing chips, customized chip platforms for industrial Internet and smart cities, and high-performance analog IP construction platforms. 4. Corporate concerns
The company focuses on providing customers with one-stop chip services, and is committed to providing customers with high-value and differentiated solutions. With mature industry application solutions, excellent chip architecture design capabilities and rich chip design experience, we help customers complete the definition, design and mass production of chips with high efficiency and high quality. In the future, the company will continue to adhere to technological innovation and progress, continue to build an efficient R&D system for technology, platform and application, strengthen the research and development of new technologies, and continuously consolidate the company's core technology foundation.