On December 30, 2024, Innoscience Semiconductor (Suzhou) Co., Ltd. (stock code: 02577.HK) officially went public on the Main Board of the Hong Kong Stock Exchange. The company issued 45.364 million H-shares at an offering price of HKD 30.86 per share, raising funds primarily to expand gallium nitride (GaN) production capacity, product portfolio, and application research.
consumer electronics
On December 9th, Innoscience (Suzhou) Technology Co., Ltd. ("Innoscience" or "the Company") successfully passed the hearing with the Hong Kong Stock Exchange (HKEX). The IPO is being jointly sponsored by China International Capital Corporation (CICC) and CMB International.
On November 29, Lianyun Technology (Hangzhou) Co., Ltd. (Lianyun Technology) successfully listed on the Shanghai Stock Exchange’s STAR Market, marking a significant milestone in China’s semiconductor and storage industry.
On November 24, 2024, the Bosch Semiconductor project, located in the Changjiang District Electronics Information Industrial Park, announced the arrival of its equipment. This marks a major milestone for the facility, which is expected to commence trial production in the first half of 2025.
SMIC's Q3 Revenue Surpasses $2 Billion for the First Time, Q4 Growth Projected at Up to 2%





