Luxin Microelectronics successfully listed on the Shanghai Sci-Tech Innovation Board, marking a significant milestone for Junxin Capital, which achieved a notable return on its investment.

Target Information

Today, Luxin Microelectronics, a leading company in China's power management chip sector, has successfully been listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board. The stock opened at 160 yuan and closed at 156 yuan, giving the company a market capitalization of approximately 10 billion yuan. Junxin Capital's subsidiary, Suxin Fund, has achieved a remarkable return of over 7 times on this investment. This listing marks the third successful IPO project for Junxin Capital, following its previous high-quality listings in Kangfang Biotech (09926.HK) and Haoyuan Pharmaceutical (688131.SH).

Luxin Microelectronics specializes in various advanced technologies, including Microcontroller Units (MCUs), high-voltage analog circuits, and mixed-signal products. The company has established a comprehensive product line comprising three major categories and twelve series. Its clientele includes reputable brands such as Samsung Electronics, Philips Electronics, Sony Electronics, LG Electronics, Xiaomi, Wingtech Technology, Transsion Holdings, and Longqi Technology, among others. With the acceleration of domestic substitutions and an expanding customer base, Luxin's performance has shown remarkable growth, positioning it for continued strong evolution in the upcoming years.

Industry Overview

The power management chip industry in China is experiencing significant growth, driven by increasing demand across various sectors such as smartphones, tablets, televisions, and audio systems. This segment has considerable market potential, amplified by a pronounced trend