Changjing Technology's application for an IPO on the Shenzhen Stock Exchange main board has been accepted. Its main products include diodes, transistors, and others.

On June 10, Jiangsu Changjing Technology Co., Ltd. (referred to as Changjing Technology) have their IPO application accepted by the Shenzhen Stock Exchange main board. Huatai United Securities is the sponsor institution and they plan to raise 1.4904 billion yuan. The prospectus shows that Changjing Technology is a leading domestic comprehensive semiconductor enterprise that operates in both the Fabless and IDM models. Their main products include discrete devices such as diodes, transistors, MOSFETs, IGBTs, power management ICs, and discrete device wafers among other semiconductor products. The company has the production capacity for tens of thousands of product specifications and is one of the domestic enterprises with the most complete range and rich series of discrete devices and power management ICs. Since its establishment, the company has been based on semiconductor product research, design, and sales, gradually evolving from the Fabless model to the "Fabless+IDM" model through internal development and external mergers and acquisitions, and has the integrated production and operation capabilities from product definition design, wafer manufacturing to packaging and testing for some products. During the reporting period, the company's main business income is detailed by product category as follows: The company's main products and market share have a leading position in the industry segments: (1) The company is the market-leading enterprise in the domestic diode and transistor products. According to the China Semiconductor Industry Association, by 2024, the company's total sales of diodes and transistors in the Chinese market ranks 3rd in the industry and 2nd among mainland Chinese enterprises, placing it in a leading position domestically; (2) In the field of MOSFET products, the company's revenue has grown rapidly in recent years, creating a second growth curve. The company's independently developed CSPMOSFET products have been recognized by the Jiangsu Provincial Department of Industry and Information Technology as domestically leading and internationally advanced, representing the company's achievement in domestic independent innovation. According to the China Semiconductor Industry Association, by 2024, the company's market share of CSPMOSFETs ranks 3rd in the industry and 1st among mainland Chinese enterprises in the Chinese market. Financially, in the fiscal years 2023, 2024, and 2025, the company achieved operating revenues of approximately 2.26 billion yuan, 2.678 billion yuan, and 2.985 billion yuan respectively; during the same period, the net profits were approximately 167 million yuan, 242 million yuan, and 349 million yuan respectively.