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New Stock IPO | Fourier Semiconductor Passes Listing Hearing
Shanghai Furui Semiconductor Co., Ltd. has received a hearing for listing on the Main Board of the Hong Kong Stock Exchange, planning to list under Chapter 18C. Guotai Junan Securities and Orient Securities are joint sponsors. The company has previously received a filing notice from the China Securities Regulatory Commission.
According to the post-hearing information, the company is a Chinese supplier of audio amplifier chips and haptic feedback chips. Without wafer manufacturing, it focuses on designing low-power audio chips, medium- and high-power audio chips, and haptic feedback chips, providing a wide range of solutions for emerging application scenarios. The company’s product portfolio enables various industries such as consumer electronics and smart vehicles.
According to a Frost & Sullivan report, based on 2024 revenue, the company ranks fourth among global audio amplifier chip suppliers, third among Chinese audio amplifier chip suppliers, and fifth among Chinese haptic feedback chip suppliers.