Hodar Electronic's application for IPO on the Science and Technology Innovation Board has been accepted. During the reporting period, the net profit continued to be negative, with plans to raise 1.836 billion yuan.

On June 2nd, WuXi Haoda Electronics Co., Ltd. (referred to as Haoda Electronics) submitted its application for listing on the Shanghai Stock Exchange's Sci-Tech innovation board IPO. Guolian Minsheng Securities is its sponsor institution, planning to raise 1.836 billion yuan. The prospectus shows that Haoda Electronics is mainly engaged in the research, design, production, and sales of surface acoustic wave RF chips, and is one of the few domestic IDM companies that have the complete chain of chip design, wafer manufacturing, packaging testing, and mass production. Its main products include filters, duplexers, resonators, etc. The company has built a technology platform based on SAW, TC-SAW, and TF-SAW, and has leading filter wafer manufacturing production lines and packaging production lines for SMD, CSP, WLP, Bare-Die, etc. It has formed a complete product system covering low frequency, medium frequency, and high frequency, achieving comprehensive coverage from 300MHz to 6GHz critical frequency bands, making it a leading domestic surface acoustic wave filter company. In China, the company was the first to achieve mass production and delivery of TC-SAW products, which have higher technical difficulty, process consistency, and temperature drift control requirements. It was also the first to achieve mass production and delivery of wafer-level-packaged (WLP) filters for highly integrated transceiver modules, establishing its leading position in the domestic surface acoustic wave filter field. The company has a scale delivery system with an annual capacity to deliver 6 billion units. During the reporting period, the product delivery volume was nearly 10 billion units, with WLP filter delivery volume exceeding 150 million units and TC-SAW product delivery volume exceeding 1.45 billion units, both ranking among the top in China. Based on its long-term technical accumulation and complete surface acoustic wave filter product matrix, the company accurately grasps the diversified demands of downstream end customers. It has continuously broken through market barriers since its establishment, successfully introducing core products to top customer supply chains in multiple key fields. The company's customers cover various application fields including smart terminals, Internet of Things, automotive electronics, base stations, and low-orbit satellite communication. In the field of smart terminals, customers include top mobile phone brands such as OPPO, vivo, Xiaomi, Samsung, ZTE, Honor, TWS, Lenovo, as well as top ODM manufacturers such as HI-TECH, Longyi, Tianlong, Westlake, and Luxshare. In the IoT field, customers include leading IoT module companies such as Quectel, Fibocom, China Mobile IoT, LIERDA, and MeiG. In the automotive electronics field, terminal customers include mainstream automotive brands such as BYD, Xiaomi, and Chongqing Sokon. In the base station field, customers include high-quality communication equipment manufacturers such as ZTE, Rosenberger, and JX. In the low-orbit satellite communication field, customers include well-known enterprises such as ZTE and Datang. With outstanding product performance and stable large-scale delivery capabilities, the company has earned the trust of its customers and has become one of the leading suppliers in the domestic surface acoustic wave filter field. In 2020, the company was the first to provide advanced WLP filters to globally renowned mobile phone terminal manufacturers. In 2023, one of these globally renowned mobile phone terminal manufacturers became the company's largest customer that year. Financially, in the fiscal years 2023, 2024, and 2025, the company achieved operating revenues of approximately 419 million yuan, 607 million yuan, and 675 million yuan respectively; while during the same period, the net profits were approximately -217 million yuan, -79.7547 million yuan, and -3.3542 million yuan respectively.