New Stock News | UIGreen submits application to the Hong Kong Stock Exchange, becoming the first company in China to achieve large-scale production of coaxial probes

According to the Hong Kong Stock Exchange's disclosure on September 26, Suzhou UIGreen Technology Co., Ltd. (abbreviated as UIGreen, 688661.SH) has submitted a listing application to the main board of the Hong Kong Stock Exchange, with Guotai Junan International and CITIC Securities International as joint sponsors. According to the prospectus, UIGreen is one of the world's leading suppliers of micro-nano manufacturing solutions, offering a comprehensive product portfolio primarily covering micro-electromechanical systems (MEMS) micro-nano manufacturing components, semiconductor test probes, and micro drive systems. The company entered the micro-nano manufacturing industry in 2008, aiming to become a global leader. As of 2017, the company has established a leading position in China's MEMS micro-nano manufacturing market. According to Frost & Sullivan data, in 2024, the company ranked second globally in revenue in the micro-nano manufacturing components market for MEMS acoustic modules; in the global semiconductor final test (FT) probe market, the company ranked first among domestic enterprises in China and fourth among all global suppliers. As of September 21, 2025, the company is the only leading enterprise in China exporting semiconductor final test probes to overseas markets and is also the first company in China to achieve mass production of coaxial probes. The company's MEMS micro-nano manufacturing components are integrated into acoustic and pressure sensing modules for smartphones, augmented reality (AR)/virtual reality (VR) headsets, medical hearing aids, and Bluetooth speakers, enabling voice capture, noise control, and pressure sensing functions. The company's semiconductor test probes are critical consumables in the semiconductor packaging and testing stages, used for logic, storage, analog, power, and radio frequency (RF) devices, which support 5G smartphones, artificial intelligence (AI)/data center computing, networking equipment, and automotive electronics. The company's micro drive systems are compact drive systems for household robots, meeting the needs for low noise operation, durability, and precise motion control. With a customer-oriented R&D culture, the company successfully integrates product design with end application scenarios through joint R&D with customers, entering the core supply chains of leading consumer electronics and semiconductor companies, and expanding its business into downstream application fields such as AI, high-performance computing, robotics, and 5G. The company serves international brands in the consumer electronics, semiconductor, and medical device sectors, with a collaboration model based on joint R&D, equipping each key customer with dedicated cross-functional teams that support the customer's technology roadmap from the early design phase to certification and capacity enhancement. This model not only enhances customer loyalty by integrating the company's proprietary technology into customer solutions but also raises industry entry barriers. In terms of performance, the company achieved revenues of approximately RMB 288 million, RMB 286 million, RMB 568 million, and RMB 439 million for the six months ending June 30 in 2022, 2023, 2024, and 2025, respectively; During the same period, the profit for the year/period was RMB 38.129 million, -RMB 20.907 million, -RMB 8.639 million, and RMB 30.697 million.