According to the official website of the Shenzhen Stock Exchange, the application submitted by Jiangsu Zhanxin Semiconductor Technology Co., Ltd. for listing on the Growth Enterprise Market (GEM) has been formally accepted. As a nationally recognized specialized and sophisticated "Little Giant" enterprise, Jiangsu Zhanxin is dedicated to the research and development (R&D), design, testing, and sales of highly reliable analog chips and micro-module products. Its extensive product portfolio encompasses power management chips, DC/DC converter chips, linear voltage regulators, among others, and also includes the provision of discrete devices. The company has achieved mastery in ultra-miniaturized three-dimensional stacked packaging technology and inductor integration technology, with its products finding widespread application in military equipment spanning sea, land, air, and space domains. By 2023, the company's asset base had expanded to RMB 938 million, with an annual operating revenue of RMB 480 million. It has successfully supplied products to over 1,600 customers, including research institutes and companies affiliated with numerous military industry groups such as the China Electronics Technology Group Corporation and the Aviation Industry Corporation of China. For this IPO, Jiangsu Zhanxin aims to raise approximately RMB 890 million, primarily earmarked for the R&D and industrialization of highly reliable power management chips and signal chain chips, the construction of its headquarters and R&D center, the establishment of a testing center, and to bolster its working capital.