GigaDevice Got Listed on Shanghai Stock ExchangePrint

Post Time：2016-08-19来源：Tus-Holdings

On August 18, GigaDevice Semiconductor (Beijing) Inc. (GigaDevice, 603986) officially landed on A-share market and got listed on the Shanghai Stock Exchange, becoming the 6th listed company of the first batch of enterprises included in the “Diamond Program” of TusPark. GigaDevice issued 25 million shares at the public offering price of RMB 23.26/share, which reached the highest price limit shortly after opening of trade. Xu Jinghong, Chairman of TusHoldings and Mei Meng, Director of TusPark Development Center and honorary Chairman of TusHoldings attended the ceremony, and witnessed the scene of listing of the 28th listed company incubated and invested in by TusHoldings.

 

GigaDevice is an enterprise invested in by TusHoldings in the model of “investment + incubation”, and TusHoldings has spent 11 years in supporting it to grow from “0” to “1”, and then expand from “1” to “100”. TusHoldings’ first investment in GigaDevice dated back to 2005 when Zhu Yiming returned to China with his many years of rich experience and technical strength in the area of chip design accumulated in Silicon Valley, and started up his business in TusPark.

In April 2007, GigaDevice (formerly known as “Xinji Jiayi”) and other 8 companies, including Highlander (300065) and Sumavision (300079), entered the first “Diamond Program” of TusPark, and won support from universities, businesses, government and domestic and foreign resources through TusHoldings. As GigaDevice grows, TusHoldings has continued to increase investment according to GigaDevice’s different development stages. After 11 years of efforts, GigaDevice, with the growth mark imprinted by TusHoldings, got listed on the Shanghai Stock Exchange, and rang the bell of listing. Thus, TusHoldings accompanied another company all the way from incubation as a seed company to IPO.

As of today, among the first batch of 9 enterprises included in the “Diamond Program” of TusPark, 6 enterprises have been successfully listed, 2 enterprises were acquired, and 1 enterprise has been NEEQ-listed, so impressive results have been achieved.

GigaDevice is a China-headquartered global chip design company, engaged in the design and development of all types of memories, controllers and peripheral products. GigaDevice has been certified by SGS ISO9001 and ISO14001, and its R & D personnel accounts for more than 55% of its employees. Its products include NOR Flash, NAND Flash and MCU, which are widely used in handheld mobile terminals, consumer electronics, personal computers and peripherals, network, telecommunications equipment, medical equipment, office equipment, automotive electronics, industrial control equipment and other areas.