20

2020

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04

Shanghai Silicon Industry Group Co., Ltd. has successfully listed on the STAR Market.


On April 20, 2020, Shanghai Silicon Industry Group Co., Ltd. (hereinafter referred to as “Shanghai Silicon Industry,” “Shanghai Silicon Industry Group,” or the “Company”), one of the largest semiconductor silicon wafer manufacturers in China, successfully listed on the STAR Market of the Shanghai Stock Exchange. The stock code is 688126, and the issue price was RMB 3.89 per share. On the first day of its public offering, Shanghai Silicon Industry’s opening price was RMB 9.50, representing an increase of nearly 150%.
Since its establishment, the Shanghai Silicon Industry Group has consistently focused on addressing major strategic needs of the national semiconductor industry, pursued a globalized development strategy, and kept pace with cutting-edge international technologies. As a result, it has achieved breakthroughs in several key core technologies in the field of semiconductor silicon wafer manufacturing, thereby breaking the situation in China where the domestic production rate of 300mm semiconductor silicon wafers was virtually zero.
This STAR Market offering represents an important step in the strategic development of Shanghai Silicon Industry Group. Taking this public offering and listing on the STAR Market as an opportunity, the company will further enhance its capabilities in the 300mm semiconductor silicon wafer business, strengthen its competitiveness within the industry, and boost the market share and influence of Chinese enterprises in the global semiconductor silicon wafer market.
Meanwhile, while maintaining the steady development of our existing semiconductor silicon wafer business, the company will strive to seize the growth opportunities in China’s semiconductor industry, closely monitor cutting-edge technologies in the global semiconductor sector, and ensure that our product quality and core technologies consistently remain at the forefront of the domestic industry. While sustaining organic growth within the company, we will also enhance our overall competitiveness through external growth strategies such as investments, mergers and acquisitions, and international collaborations, aiming to secure a prominent position among the world’s leading semiconductor silicon wafer companies.
Shanghai Silicon Industry Group will, as always, uphold the development philosophy of technological innovation—using technology to shake up the market, leveraging innovation to secure the future, expressing gratitude to society through concrete actions, and rewarding our broad base of investors with outstanding performance!
 

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