On January 14, Aojie Technology, which has the first share of baseband chips, landed on the Science and Technology Innovation Board for the first time, but the listing broke, plummeting 20% in 1 second after the opening of the market, and the stock price fell by 32% as of press time, and the shareholders in the first sign were going to lose 28,000 yuan.
The issue price of Aojie Technology is 164.54 yuan per share, which is the highest issue price since 2022, with an issue price-earnings ratio of 83.65 times.
Data display,The company is a scarce platform-based chip design company with full-scale cellular baseband communication technology in China, and has achieved a solid basic disk in the fields of Internet of Things cellular baseband chips and Internet of Things WiFi chips.
It is reported that Aojie Technology was established in 2015, is a platform chip enterprise that provides wireless communication and ultra-large-scale chips.
Since its establishment, the company has been focusing on the research and development and technological innovation of wireless communication chips, and is one of the very few platform-based chip design enterprises in China that has the R&D and design strength of full-standard cellular baseband chips and multi-protocol non-cellular IoT chips, and has the ability to provide ultra-large-scale high-speed SoC chip customization and semiconductor IP licensing services.
However, there is still a big gap between Aojie Technology and domestic chip companies such as HiSilicon and ZhanRui, and there is currently no 5G product for baseband chips.In addition, Aojie Technology is still losing money so far, from 2018 to 2020, the net profit loss of Aojie Technology is 537 million yuan, 584 million yuan and 2.327 billion yuan, respectively; in the first three quarters of 2021, the net profit is still 484 million yuan.