NOVOSENSE (688052) successfully listed on the STAR Market at the Shanghai Stock Exchange

2022/04/22

On April 22, 2022, Suzhou NOVOSENSE Microelectronics Co., Ltd. (stock short: NOVOSENSE, stock code: 688052) was listed on the STAR Market at the Shanghai Stock Exchange, with an opening price of 250 yuan and an opening increase of 8.7%.

Founded in 2013, NOVOSENSE is a high-performance and high-reliability analog and mixed signal integrated circuit design enterprise in China. The company focuses on three technologies, namely, signal sensing, system interconnection and power drive, independently develops and provides sensors and signal chains, isolation and port, power and drive, power management and other rich semiconductor products and solutions, which have been widely used in automotive electronics, industrial control, information communication and consumer electronics.

According to Transparency Market Research, in 2020, NOVOSENSE sensor signal conditioning ASIC chip occupied 18.74% of the domestic market share; Meanwhile, the company's global market share for digital isolation chips was 5.12% in 2020, according to Markets and Markets.

Since its establishment, NOVOSENSE has actively responded to the market demand in the field of integrated circuits and continuously increased the investment in technology research and development. Up to the listing, the company has 49 patents, including 17 invention patents, 12 software Copyrights and 28 integrated circuit layout-registration certificates. By the end of June 2021, the company has a total of 307 employees, including 127 R&D personnel, 68 of whom have master's degree, and 5 of whom have doctor's degree. Most of the R&D personnel come from Fudan University, University of Science and Technology of China and other well-known universities.

It is worth mentioning that, with excellent automotive-qualified chip development capability and rich experience in mass production and quality control, NOVOSENSE actively develops chip products applied in the field of automotive electronics, and has successfully entered the domestic mainstream automotive supply chain. The company's automotive-qualified chip has been applied massively in models from BYD, DFAC, Wuling, Great Wall Motor, SAIC MAXUS, FAW Group, CATL, Yunnei Power and other terminal manufacturers, while entering the supply system of SAIC Volkswagen, UAES, Sen Sata and other manufacturers. At the end of 2021, the company has obtained the ISO26262 functional safety management system ASIL-D certification issued by TÜV RHEin Germany, marking the company's important breakthrough and firm determination in the layout of car regulation chip products.

Wang Shengyang, chairman of NOVOSENSE, said: "Benefiting from the dividend of national policies and the rapid growth of the market, the company has gained opportunities for rapid growth. I would appreciate the upstream and downstream partners for their trust and support, as well as the efforts of every staff of NOVOSENSE. The successful listing is an important milestone for the company, and also represents the phased results of the business. In the future, we will continue to adhere to the value of 'Reliability and Trustworthiness', cooperate with the upstream and downstream of the industrial chain for win-win situation, provide customers with better quality and more comprehensive semiconductor solutions, and create value for the development of China's semiconductor industry."

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