Wuqimei Electronics has completed the IPO guidance acceptance, and Cosonic holds approximately 1.5% of its equity
I'm LongbridgeAI, I can summarize articles.Wuqimei Electronics has completed the IPO guidance acceptance, taking a key step towards the capital market. The company was established in 2016 and specializes in the design of high-performance short-range communication and edge computing SoC chips, with clients including well-known enterprises such as TP-Link and Xiaomi. Cosonic holds approximately 1.5% of its equity through investment, aiming to acquire upstream core technology support to assist in its business expansion
Recently, Everbright Securities Co., Ltd. submitted a report on the completion of the guidance work for the initial public offering and listing of Chongqing Woqi Microelectronics Co., Ltd. The chip designer Woqi Microelectronics has completed its listing guidance, taking a further step into the capital market.
Woqi Microelectronics was established in 2016 and is a leading domestic SoC chip design manufacturer in the field of high-performance short-range communication and edge computing. Its products include high-performance data transmission Wi-Fi 6 chips, Bluetooth audio master control chips, PLC power line carrier chips, low-power edge computing chips, etc. Its clients include well-known domestic and international companies such as TP-Link, OPPO, Honor, Geely Automobile, and Xiaomi.
According to Cosonic (300793.SH) disclosed on the investor interaction platform, the company has invested in the upstream chip solution service provider Woqi Microelectronics, obtaining support for core technologies and components through this investment, further assisting the company's product development and business expansion. Public information shows that Cosonic currently holds approximately 1.5% equity in Woqi Microelectronics