Robotics, Chip Firms Dominate First Batch of Shanghai Tech Board Listers

[TaiShang]

Robotics, Chip Firms Dominate First Batch of Shanghai Tech Board Listers

YICAI GLOBAL
DATE : MAR 22 2019/SOURCE : YICAI

Robotics, Chip Firms Dominate First Batch of Shanghai Tech Board Listers

(Yicai Global) March 22 -- The Shanghai Stock Exchange has released the first raft of nine firms that will list on the eastern Chinese city's Sci-tech Innovation Board with many coming from the robotics and chip sectors.

The group aims to raise a combined CNY11 billion (USD1.6 billion) through their initial public offerings. Among them, Suzhou-based Hejian Technology, which is the country's second-biggest semiconductor foundry company, aims to raise the most at CNY2.5 billion.

Below is the full batch of companies:

Hejian Technology - A Suzhou-based semiconductor firm

Amalogic - A Shanghai-based semiconductor firm

Raytron Technology - A Shandong-based IT firm

Cnano Technology - A Jiangsu-based new materials developer

Beiren Robot System - A Jiangsu-based robotics firm

Lyric Robot Automation - A Guandong-based robotics firm

Ronbay Technology - A Zhejiang-based battery maker

Ankon Technology - A Wuhan-based medicine company

Keqian Biology - A Hubei-based biological firm

https://www.yicaiglobal.com/news/ro...te-first-batch-of-shanghai-tech-board-listers

 

[oprih]

Nice, semicon industry is the next for the Chinese companies to dominate.

 

[Beidou2020]

Nice, semicon industry is the next for the Chinese companies to dominate.

Semiconductor industry is where the US sees as a choke point to slowing down China’s technological advancement.

That’s why semiconductor industry is so important.