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More Chipmakers for Your Dollar: Anji Goes Public on Star Market
More Chipmakers for Your Dollar: Anji Goes Public on Star Market
Green circuit board. Image credit: Miguel Á. Padriñán/Pexels
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EqualOcean EqualOcean

Anji Microelectronics Technology will start trading on the STAR Market, a new Shanghai Stock Exchange sci-tech board, on July 22. The initial public offering is priced at CNY 39.19 (USD 5.70) per share.

Anji, a semiconductor material producer, develops and sells various products such as copper, barrier, TSV, oxide, silicon/polysilicon, Al, and BSI CMP slurries. It also provides stripping solutions and other services in the field of microelectronics.

Though small in size (only 186 employees as of 2018), the firm seemingly holds a firm position in the industry. It generated revenue of CNY 248 million (USD 36 million) from the sale of bare printed circuit boards last year. This indicator grew 26% from 2016's CNY 197 million (USD 28.6 million).

The firm's profits aren't too high, but stable. With a net profit margin hovering around 18% since 2016, it gained more than CNY 120 million (USD 17.44 million) for the last three years.

Anji's core product segment has splendid prospects: market price of bare printed circuit boards – main product manufactured and marketed by Anji – has been steadily growing since the global financial crisis of 2008. 

Brokerage company Soochow Securities expects Anji’s revenues to zoom in a short term. Perhaps, it is a quite positive view of the company, which is facing fierce competition in the industry and is exposed to the risk of entry by potential competitors. Anji's STAR-Market shares have a potential to become a kite stock.

Enterprise Information

EqualOcean is a leading industry tech media and an investment research company.
CATEGORIES: AI, Research
Last Funding Type
Series C
Number of Employees
200
Number of Funding Rounds
6
Total Funding Amount
26.79M

Enterprise Information

EqualOcean
EqualOcean is a leading industry tech media and an investment research company.
CATEGORIES: AI, Research
Last Funding Type
Series C
Number of Employees
200
Number of Funding Rounds
6
Total Funding Amount
26.79M

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EqualOcean is a leading industrial tech media and investment research company that focuses on technological and industrial innovation in China.

We aim to assist Chinese entrepreneurial enterprises to break into the global market and provide overseas investors, VCs, and enterprises with a deeper understanding of China's business environment and to seize opportunities in China.

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