Will Wuhan Feien Microelectronics Fair be listed?

It will not be listed for the time being.

Wuhan Feien Microelectronics was founded on 20 1 1 and has completed four rounds of financing. The company has nearly 200 employees, including more than 40 R&D team members, of whom more than 40% have master's degrees. Relying on excellent technology and management team, the company provides MEMS sensors and systems, test equipment and other products and ODM/OEM services for the industry.

The full name of MEMS is MEMS, which is an engineering technology combining microelectronics with precision machinery. Its size ranges from 1 micron to 100 micron. Its core function is to convert physical signals into electrical signals that can be recognized by electronic devices, which are mainly used for sensors.

After decades of development, MEMS has the advantages of miniaturization, low cost, high efficiency and mass production compared with traditional integrated circuit products. As the key entrance to obtain information, MEMS sensors have been widely used in automotive electronics, consumer electronics, industrial electronics, aerospace and biomedicine.

After years of development, China auto market has become one of the fastest growing auto markets in the world. As an important information source of automobile electronic control system, the demand of MEMS pressure sensor is also exploding.

The basic conditions for the listing of SME board are completely consistent with the main board market. SME board is an integral part of the main board market of Shenzhen Stock Exchange. In accordance with the requirements of "two invariants" and "four independences", the firm implements relatively independent management including "independent operation, independent supervision, independent codes and independent indicators" within the framework of laws and regulations on the main board market and standards for issuance and listing.

Small and medium-sized enterprises mainly arrange listed companies to be issued in the main board market with relatively small circulating share capital, good growth and high technology content. The continuous operation time should be more than 3 years. Where a limited liability company is converted into a joint stock limited company according to the original book net asset value, the time of continuous operation can be calculated from the date of establishment of the limited liability company. The issuer's main business, directors and senior management personnel have not changed significantly in the last three years, and the actual controller has not changed.

Second, the conditions of independence. The issuer should have a complete business system and the ability to directly face the market and operate independently. The issuer has complete assets, independent personnel, independent finance, independent institutions and independent business. The issuer's business should be independent of the controlling shareholder, actual controller and other enterprises controlled by them, and there is no horizontal competition or obviously unfair related transactions between the controlling shareholder, actual controller and other enterprises controlled by them.

Third, standardize operating conditions. The issuer has established and improved the system of shareholders' meeting, board of directors, board of supervisors, independent directors and secretary of the board of directors according to law, and organs, institutions and personnel can perform their duties according to law. The directors, supervisors and senior managers of the issuer have already understood the laws and regulations related to the issuance and listing of shares, and know the legal obligations and responsibilities of listed companies and their directors, supervisors and senior managers. The directors, supervisors and senior managers of the issuer meet the qualifications prescribed by laws, administrative regulations and rules.