Guangdong Xin Semiconductor has passed the listing committee meeting of the ChiNext board IPO, becoming the only enterprise in mainland China with the capability of large-scale production of 12-inch silicon wafers.

Wisdom Finance and Economics APP learned that on June 15, Guangdong Xin Semiconductor Technology Co., Ltd. (referred to as Guangdong Xin Semiconductor) passed the listing committee meeting of the ChiNext Board of the Shenzhen Stock Exchange. The sponsor of the IPO is GF Securities, planning to raise 7.5 billion yuan.