A bright start! This lighting-related company goes public today on the Shanghai Stock Exchange

Suzhou Dongwei Semiconductor Co., Ltd. (stock abbreviation: "Dongwei Semiconductor"; stock code: "688261") successfully went public on February 10, 2022, at the Shanghai Stock Exchange, officially listing on the STAR Market of the SSE, becoming the first listed company in the lighting-related field during the Year of the Tiger.

The number of shares issued in this public offering is approximately 16.8441 million, and the total share capital after this public offering is approximately 67.3764 million. The issue price is 130 yuan per share, corresponding to a P/E ratio of 429.3 times. The total amount of funds raised in this issuance is approximately 2.19 billion yuan.

According to the prospectus, Dongwei Semiconductor has no controlling shareholder. The actual controllers of the company are Wang Pengfei and Gong Yi, meaning they are the joint controllers of the company.

(Source: Shanghai Stock Exchange)

East Micro Semiconductor is a technology-driven semiconductor company primarily engaged in the R&D and sales of high-performance power devices. Its products focus on medium-to-high power application areas such as industrial and automotive sectors. With excellent innovation capabilities in semiconductor devices and processes, it is one of the few domestic companies possessing complete experience from patent to mass production for high-performance power device design.

Dongwei Semiconductor's main products achieving large-scale sales are MOSFETs. Additionally, the company has developed advanced power devices such as Super Silicon MOSFETs and IGBTs, which are already in mass production. The company's products are widely used in industrial-grade application areas represented by DC charging piles for new energy vehicles, 5G base station power supplies and communication power supplies, data center server power supplies, and industrial lighting power supplies, as well as in consumer electronics application areas represented by PC power supplies, adapters, TV power boards, and mobile phone fast chargers.

According to the data, from January to June 2021, Dongwei Semiconductor's revenue composition was: Other at 19.26%, Consumer Electronic Devices at 19.15%, Various Industrial and Communication Power Supplies at 19.1%, New Energy Vehicle Charging Piles at 16.03%, Monitor Power Supplies at 10.49%, and High-Power Lighting Power Supplies at 9.43%.

2021年1-9月和2021年7-9月，公司营业收入分别为55,919.47万元和23,837.04万元，同比增长分别为183.11%和166.89%，增长较快主要系受益于新能源汽车充电桩、通信电源、光伏逆变器等终端市场需求快速提升，客户对公司的采购规模增长所致。

The funds raised by Dongwei Semiconductor's listing on the STAR Market are primarily allocated to projects for upgrading and industrializing super junction and shielded gate power devices, R&D and industrialization of new-structure power devices, construction of an R&D engineering center, and technology development reserve funds. With the implementation of these funded projects, the company will further strengthen its technical foundation, maintain its product leadership, deepen its expertise in the super junction power device field vertically, and expand and enrich its product line horizontally, building a technological innovation platform for a full series of power semiconductor products.

It is reported that power semiconductors are the core of energy conversion and circuit control in electronic devices, mainly used for changing voltage and frequency within electronic devices, DC-AC conversion, etc. With the vigorous development of multiple industries such as consumer electronics, automotive electronics, and industrial electronics in China, as well as the rise of emerging fields like intelligent equipment manufacturing, the Internet of Things (IoT), and new energy, domestic demand for power semiconductor products has expanded rapidly, driving the rapid development of the industry.

未来，受益于新能源汽车和5G产业的高速发展，充电桩、5G通讯基站等市场对于高性能功率器件的需求增加，以高压超级结MOSFET为代表的高性能产品在功率器件领域的市场份额以及重要性将不断提升，为东微半导的发展提供了广阔的空间。

East Micro Semiconductor has successfully listed on the capital market today, marking a new starting point and journey for East Micro Semiconductor. We wish East Micro Semiconductor to reach even greater heights.