Investors looking at the upcoming IPO should take note of the Beijing Stock Exchange's first dedicated chip design company, which will be available for subscription on August 3.
The company, Jieli Technology, is being hailed as the "first chip design stock" on the Beijing Stock Exchange. Its subscription code is 920138, with an IPO price set at 18.86 yuan per share. The offering carries a price-to-earnings (P/E) ratio of 14.99 times, significantly lower than the industry average of 73.78 times.
Jieli Technology plans to issue a total of 33 million shares, with 29.7 million shares available for online subscription. The maximum subscription limit for individual investors is 1.485 million shares.
Jieli Technology is an integrated circuit design company focused on system-on-a-chip (SoC) solutions. Its SoC chips serve as the main control units for various smart terminal devices, primarily including Bluetooth headphone chips, Bluetooth speaker chips, smart wearable chips, smart IoT terminal chips, and general multimedia chips. These products are widely used in consumer electronics, smart wearables, and the Internet of Things sectors.
The company has been officially recognized as a national "Manufacturing Single Champion" enterprise by the Ministry of Industry and Information Technology, holding a significant market position in the Bluetooth audio chip segment. Its products have entered the supply chains of major brand customers such as Xiaomi, Realme, Honor, VIVO, Meizu, Transsion, JBL, and boAt, and are continuously integrated into their new product launches.
In terms of financial performance, Jieli Technology reported operating revenues of 29.3 billion yuan, 31.2 billion yuan, and 28.04 billion yuan for the fiscal years 2023, 2024, and 2025, respectively. Net profits for these periods were 6.23 billion yuan, 7.91 billion yuan, and 5.96 billion yuan.
Looking ahead, Jieli Technology forecasts its full-year 2026 revenue and net profit to be 31.03 billion yuan and 6.30 billion yuan, respectively, representing year-on-year growth of 10.66% and 5.71%.
Source: Jieli Technology Prospectus