On October 26, "Weice Technology," a portfolio company invested in by the sub-fund backed by the mother fund managed by Yuanhe Chenchun Capital, was listed on the STAR Market, with stock code: 688372.

Founded in 2016, Weice Technology is a well-known third-party integrated circuit testing service provider in China. Its core business includes wafer testing, finished-chip testing, and complementary services related to integrated circuit testing. The wafers and finished chips tested span a wide range of chip types, such as CPUs, MCUs, FPGAs, SoC chips, RF chips, memory chips, sensor chips, and power chips. In terms of manufacturing processes, the company handles both advanced nodes like 6nm, 7nm, and 14nm, as well as mature processes above 28nm. Additionally, its wafer sizes cover mainstream options such as 12-inch, 8-inch, and 6-inch wafers. Downstream applications include industries like communications, computing, automotive electronics, industrial control, and consumer electronics.

Weicai Technology has consistently focused on the field of integrated circuit testing, earning high recognition within the industry and building a robust client base thanks to its continuously advancing technological expertise, strong overall competitiveness, exceptional service quality, and highly efficient production capacity. Today, Weicai Technology serves over 200 clients, including some of China's most prestigious chip design companies—such as Unisoc, ZTE Microelectronics, Bitmain, Jingchen Shares, Zhisheng Micro, and GigaDevice—solidifying its position as one of the leading domestically-owned third-party IC testing firms in China.

The funds raised from this IPO will primarily be used for Wuxi Weice Technology Co., Ltd.'s integrated circuit testing capacity expansion project, the construction of an integrated circuit testing R&D center, and to bolster working capital.