On June 30, the Shanghai Stock Exchange officially accepted the IPO application of Shenzhen Huapu Microelectronics Co., Ltd. (referred to as 'Huapu Micro') for listing on ChiNext. Huapu Micro specializes in Sub-1GHz wireless communication RF chips and is an 'invisible champion' in the IoT sector. It is also the only domestic company to rank among the top ten global players in the Sub-1GHz RF chip and module market. Through this IPO, Huapu Micro aims to raise 2.2 billion yuan for the R&D and industrialization of RF chips, signal chain chips, and sensor products, with the goal of creating an exclusive 'wireless pathway' for China in the era of the Internet of Everything through its independent full-link technology.
