Home News BYD Semiconductor IPO issue registration process suspended again

BYD Semiconductor IPO issue registration process suspended again

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On September 30, the Shenzhen Stock Exchange disclosed that BYD Semiconductor Co., Ltd. (hereinafter referred to as “BYD Semiconductor”) needs to submit supplementary submissions because the financial information recorded in the IPO registration application documents has expired. According to the relevant provisions of Article 29 of the Measures (for Trial Implementation), its issuance and registration procedures are suspended.

Information from the Shenzhen Stock Exchange shows that since September 2021, BYD Semiconductor has been terminated three times because “financial information has expired”.

BYD Semiconductor’s official website shows that it is a leading IDM enterprise, mainly engaged in power semiconductors, intelligent control ICs, intelligent sensors, optoelectronic semiconductors, semiconductor manufacturing and services, covering the induction, processing and control of light, electricity, magnetism and other signals, products are widely used in automotive, energy, industrial and consumer electronics and other fields, with broad market prospects.

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