Wuxi Lixins Microelectronics successfully listed on the Shanghai Star Market with significant backing from Wuxi Venture Capital Group, marking a successful milestone in the semiconductor industry.

Target Information

Wuxi Lixins Microelectronics Co., Ltd. (referred to as "Lixins Micro") successfully listed on the Shanghai Stock Exchange's Star Market on June 28, 2021, under the stock code 688601. Founded in 2002, Lixins Micro is a prominent player in the power management chip design industry, catering to several well-known consumer electronics clients. Over nearly two decades of operation, the company has built extensive development experience and boasts a robust R&D capability along with a stringent quality control system. This has enabled the company to establish a reputable market presence, with major clients including Samsung, Xiaomi, and LG.

Between 2018 and 2020, Lixins Micro achieved an impressive compound annual growth rate (CAGR) of over 60% in net profit. The company has become a significant contributor to the semiconductor industry in China, demonstrating strong growth and innovation in power management solutions essential for consumer electronics.

Industry Overview in China

The semiconductor industry in China has been one of the fastest-growing sectors, driven by the increasing demand for integrated circuits and microelectronics in consumer products. With advancements in technology and significant investmen