On June 11, Jawaher Microelectronics Co., Ltd. officially commenced its journey towards an initial public offering (IPO) by submitting an application to the Hong Kong Stock Exchange for listing on the Main Board. Prior to this, the company had already been listed on the Shanghai Stock Exchange on December 23, 2022, boasting a total market value of approximately RMB 13.451 billion as of the market close on May 30.