New Stock News | Xinxin Semiconductor submits its listing application to the Hong Kong Stock Exchange for the third time.

According to Hong Kong Stock Exchange's disclosure on July 20, XMC Semiconductor Technology (Hangzhou) Co., Ltd. (referred to as XMC Semiconductor) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with Huatai International as its sole sponsor. This is the company's third time submitting an application for listing on the Hong Kong Stock Exchange. The prospectus shows that XMC Semiconductor is a power semiconductor company that provides efficient power management solutions through its own process technology. The company invests in its main wafer manufacturing partner, Hangzhou Fuxin Semiconductor Co., Ltd., through a virtual IDM model, combining the flexibility of asset-light companies with the design and process integration advantages of traditional IDM companies.