Guangdong Huaxin Semiconductor Co., Ltd. has announced its upcoming listing on the ChiNext board of the Shenzhen Stock Exchange. The semiconductor manufacturer, a pioneer in the Greater Bay Area’s 12-inch wafer manufacturing, is set to debut on October 13, 2026. The offering price has been fixed at 12.01 yuan per share.
IPO Details and Allocation
The company will have a total share capital of 2.878 billion shares after the issuance, prior to the exercise of any overallotment options. Earlier, on September 28, Huaxin Semiconductor concluded its online lottery for IPO subscriptions, with 358,848 successful applicants, each eligible to purchase 500 A-shares.
The final allocation for the offering comprises 256.323 million shares for strategic placement, 179.424 million shares for online retail investors, and 153.795 million shares for offline institutional investors. A portion of shares, amounting to 468,976, were unsubscribed by online investors and subsequently underwritten by GF Securities, with an underwriting value of 5.6324 million yuan.
About Guangdong Huaxin Semiconductor
Established in 2017 and headquartered in Huangpu District, Guangzhou, Guangdong Huaxin Semiconductor is the first 12-inch wafer manufacturing enterprise in the Guangdong-Hong Kong-Macao Greater Bay Area to achieve mass production. The company specializes in the manufacturing of microprocessors, power management ICs, analog chips, and power discrete devices.
The company’s strategic positioning within the Greater Bay Area, a region known for its robust technological and manufacturing ecosystem, highlights its potential for growth. As the semiconductor industry continues to be a critical component of global technology, Huaxin Semiconductor’s IPO marks a significant milestone for the company and contributes to the advancement of China’s domestic semiconductor capabilities.
The upcoming listing is expected to provide Huaxin Semiconductor with the necessary capital to further expand its manufacturing capacity, invest in research and development, and solidify its market position in the competitive semiconductor landscape.
Further details regarding the company’s performance and future projections will be closely watched by investors and industry analysts as it embarks on this new chapter as a publicly traded entity.
