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De Yi Wei reboots IPO after two years, with both underwriters and law firms replaced
Rui Finance Wang Min On April 7, A Micro Electronics Co., Ltd. (hereinafter referred to as “DeYi Micro”) initiated an IPO tutoring filing with the Shenzhen CSRC, and the tutoring institution is CICC Capital. The law firm is Zhong Lun Lawyers, and the accounting firm is Shanghui Certified Public Accountants.
DeYi Micro had previously applied for a STAR Market IPO in November 2022, with the IPO terminated in March 2024. At that time, the sponsor was China Merchants Securities, the law firm was Guangdong Xinda, and the accounting firm was Shanghui Certified Public Accountants.
DeYi Micro was established in November 2017. It is a chip design company centered on storage control technology. The company’s main business is the R&D, design, and sales of storage control chips and storage solutions.
According to the prospectus, from 2019 to 2021 and in the first half of 2022, the company’s operating revenue was 126M yuan, 207M yuan, 745M yuan, and 471M yuan, respectively, while net profit was -83.8317 million yuan, -293 million yuan, -69.0633 million yuan, and -36.4207 million yuan, respectively.
The tutoring report shows that DeYi Micro’s equity ownership is dispersed, and there are no shareholders whose individual or combined shareholding proportion reaches 30%. No single shareholder can control the shareholders’ meeting and/or the board of directors. The company has no controlling shareholder and no actual controller.
The company’s first largest shareholder is Shenzhen Zhicun Microelectronics Enterprise (Limited Partnership), with a shareholding proportion of 10.48%. The executive affairs partner is Wu Dawei.
Related company: DeYi Micro