Two Chinese chip IPOs, including 12-inch wafer maker Guangdong Xinxin, open for subscription
Two new stocks, Yute Optoelectronics and Guangdong Xinxin Semiconductor (also called CanSemi or Yuexin), will open for subscription on China's A-share market the week of September 21. Yute Optoelectronics, an optical connectivity firm, lists on the Beijing Stock Exchange. Guangdong Xinxin, a 12-inch wafer foundry known as "Guangzhou's First Chip," lists on ChiNext with 513 million shares, the largest ChiNext IPO this year. Both companies forecast strong revenue growth but Xinxin remains unprofitable, expecting profitability no earlier than 2029.
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Two New Stocks Including YueXin Semiconductor Open for Subscription Next Week
According to a Sohu Finance article, two new stocks will be available for subscription next week (September 21-25). Yute Optoelectronics, a 'Little Giant' enterprise specializing in optical interconnect devices, will be subscribed on Monday. It has partnerships with Accelink Technologies, YOFC, and Hengtong Optic-Electric, and its products are used in data centers by Alibaba, Tencent, and ByteDance. The company forecasts 2026 revenue of RMB 450-500 million and net profit of RMB 80-95 million. Guangdong Xinxin Semiconductor (YueXin Semiconductor), dubbed 'Guangzhou's First Chip,' will be subscribed on Thursday. It is a 12-inch wafer foundry serving chip design firms, with applications in consumer electronics, automotive, and AI. It expects Q1-Q3 2026 revenue of RMB 2.87-2.97 billion and a narrowed net loss of RMB -1.59 to -1.49 billion. Its IPO is the largest on ChiNext this year by subscription threshold.
Read sourceTwo New Stocks Including Chip Maker YueXin Semiconductor Open for Subscription Next Week
According to a Sohu Finance article, two new stocks will be available for subscription next week (September 21-25). Yute Optoelectronics, a 'Little Giant' specializing in optical interconnect devices for data centers and fiber access networks, is scheduled for subscription on Monday. Its customers include Accelink Technologies, YOFC, and major Chinese telecom operators. The company forecasts 2026 revenue of RMB 450-500 million, up 35-50% year-on-year, and net profit of RMB 80-95 million, up 15.66-37.34%. Guangdong Xinxin Semiconductor (YueXin Semiconductor), Guangdong's first 12-inch wafer foundry, is scheduled for subscription on Thursday. Its key customers include top domestic and international chip design firms, and its process platforms serve consumer electronics, industrial control, automotive, and AI sectors. The company expects Q1-Q3 2026 revenue of RMB 2.87-2.97 billion, up 61.27-66.89%, but a net loss of RMB 1.49-1.59 billion, narrowing from last year. The article notes YueXin's issuance of 513 million shares ranks fourth among all new stock issuances this year, and its high subscription threshold suggests a relatively high winning rate.
Read sourceTwo New Stocks to Subscribe Next Week: Yute Optoelectronics and Yuesen Semiconductor
According to a Sohu Finance report, two new stocks are scheduled for subscription next week (September 21-25). Yute Optoelectronics, a 'little giant' in optical connectivity, will be available on Monday, September 21. It supplies data center and fiber access components to major Chinese telecom operators and internet giants like Alibaba, Tencent, and ByteDance. Its 2026 revenue forecast is 450-500 million yuan, with net profit of 80-95 million yuan. Yuesen Semiconductor, known as 'Guangzhou's First Chip', will be available on Thursday, September 24. It is Guangdong's first 12-inch wafer foundry in mass production, serving chip design firms in consumer electronics, industrial control, automotive, and AI. It has launched a 12-inch silicon photonics platform. The IPO is 513 million shares, the largest on the ChiNext board this year, with a high expected subscription rate. Yuesen Semiconductor forecasts 2026 Q1-Q3 revenue of 2.87-2.97 billion yuan but a net loss of 1.49-1.59 billion yuan, narrowing from the prior year.
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Two New Stocks Including Chip Maker Guangdong Xinxin Open for Subscription Next Week
According to a Sohu Finance article, two new stocks will be available for subscription next week (September 21-25). Yute Optoelectronics, a 'Little Giant' specializing in optical interconnect devices, is scheduled for Monday. Its products are used in data centers by Alibaba, Tencent, and ByteDance, and in fiber access networks. The company forecasts 2026 revenue of RMB 450-500 million, up 35-50% year-on-year, and net profit of RMB 80-95 million, up 15.66-37.34%. Guangdong Xinxin Semiconductor, dubbed 'Guangzhou's First Chip,' is scheduled for Thursday. It operates a specialty-process foundry for analog and mixed-signal chips, serving consumer electronics, industrial control, automotive, and AI sectors. It plans to issue 513 million shares, the fourth-largest IPO this year. The company forecasts Q1-Q3 2026 revenue of RMB 2.87-2.97 billion, up 61.27-66.89%, and a net loss of RMB 1.49-1.59 billion, narrowing from last year. The article notes recent strong performance of new listings, with an average first-day gain of 166.36% this week.
Read sourceTwo New Stocks Including Chip Maker YueXin Semiconductor Open for Subscription Next Week
According to a Sohu Finance article, two new stocks will be open for subscription next week (September 21-25). Yute Optoelectronics, a 'Little Giant' enterprise specializing in optical interconnect devices, will be available on Monday. Its products are used in data centers operated by Alibaba, Tencent, and ByteDance, and it forecasts 2026 revenue of RMB 450-500 million. Guangdong Xinxin Semiconductor (YueXin Semiconductor), known as 'Guangzhou's First Chip,' will be available on Thursday. It is the first 12-inch wafer fab in Guangdong to enter mass production and serves chip design firms in consumer electronics, industrial control, automotive electronics, and AI. YueXin forecasts Q1-Q3 2026 revenue of RMB 2.87-2.97 billion but expects a net loss of RMB 1.49-1.59 billion, narrowing year-on-year. Its subscription requires Shenzhen market holdings of RMB 1.28 million, the highest threshold for ChiNext this year, suggesting a high probability of winning an allocation.
Read sourceTwo New Stocks, Including Chip Maker GZ Semiconductor, Open for Subscription Next Week
According to a Sohu Finance article, two new stocks will be available for subscription next week (September 21-25). Yute Optoelectronics, a 'Little Giant' in optical connection devices, is scheduled for Monday. It supplies data center components to Alibaba, Tencent, and ByteDance, and its 2026 revenue is forecast at RMB 450-500 million, up 35-50% year-on-year. GZ Semiconductor, dubbed 'Guangzhou's First Chip,' is scheduled for Thursday. It is Guangdong's first self-developed 12-inch wafer foundry in mass production, serving top chip design firms. Its 2026 first-three-quarters revenue is forecast at RMB 2.87-2.97 billion, up 61-67% year-on-year, though it expects a net loss of RMB 1.49-1.59 billion, narrowing from last year. The article notes that recent new stocks have performed actively, with an average first-day gain of 166.36% this week, led by Shengu Group's 373.80% first-day surge.
Read sourceTwo New Stocks, Including Chip Maker GSI Semiconductor, Open for Subscription Next Week
According to a Sohu Finance article, two new stocks will be available for subscription next week (September 21-25). Yute Optoelectronics, a national-level 'Little Giant' specializing in optical interconnect devices, will be open for subscription on Monday. The company has partnerships with leading domestic optical communication firms and its products are used in data centers operated by Alibaba, Tencent, and ByteDance. It forecasts 2026 revenue of RMB 450-500 million, up 35-50% year-on-year. GSI Semiconductor, known as 'Guangzhou's First Chip' and Guangdong's first self-developed 12-inch wafer manufacturer, will be open for subscription on Thursday. It serves premier chip design firms and has launched a 12-inch silicon photonics process platform. GSI Semiconductor forecasts first three quarters of 2026 revenue of RMB 2.87-2.97 billion, up 61-67% year-on-year, but still expects a net loss of RMB -1.59 to -1.49 billion, narrowing from the prior year. The article notes that recent new stocks have shown strong first-day gains, averaging 166.36%.
Read sourceTwo New Stocks, Including Chip Maker, Set for Subscription Next Week
According to a Sohu Finance article, two new stocks are scheduled for subscription next week (September 21-25). Yute Optoelectronics, a 'Little Giant' specializing in optical interconnect devices for data centers and fiber access networks, will be available on Monday. The company forecasts 2026 revenue of RMB 450-500 million and net profit of RMB 80-95 million. Guangdong Xinxin Semiconductor, known as 'Guangzhou's First Chip' and a 12-inch wafer manufacturer, will be available on Thursday. It serves chip design firms in consumer electronics, industrial control, automotive, and AI sectors. The company forecasts Q1-Q3 2026 revenue of RMB 2.87-2.97 billion but a net loss of RMB 1.49-1.59 billion. Xinxin's IPO has the highest online subscription threshold on ChiNext this year, requiring a Shenzhen market cap of RMB 1.28 million, suggesting a high allocation probability.
Read sourceTwo New IPOs Next Week Include High-Lottery-Rate Chip Stock Yuexin Semiconductor
According to a Sohu Finance report, two new stocks will be available for subscription next week (September 21-25). On Monday, September 21, Yute Optoelectronics, a national 'little giant' specializing in optical connectivity components, will open for subscription. The company serves major data center clients like Alibaba, Tencent, and ByteDance, and telecom operators including China Telecom, China Unicom, and China Mobile. Its prospectus forecasts 2026 revenue of 450-500 million yuan and net profit of 80-95 million yuan. On Thursday, September 24, Yuexin Semiconductor, known as 'Guangzhou's First Chip' and Guangdong's first 12-inch wafer foundry in mass production, will open for subscription. It serves chip design firms in consumer electronics, industrial control, automotive electronics, and AI. The company is issuing 513 million shares, the largest among ChiNext IPOs this year, with a subscription cap of 128,000 shares requiring 1.28 million yuan in Shenzhen market value, implying a high lottery rate. Its prospectus forecasts Q1-Q3 2026 revenue of 2.87-2.97 billion yuan but a net loss of 1.49-1.59 billion yuan, narrowing year-on-year.
Read sourceTwo New Stocks, Including a Chip Maker, Open for Subscription Next Week
According to a Sohu Finance article, two new stocks are scheduled for subscription next week (September 21-25). Yute Optoelectronics, a 'Little Giant' enterprise specializing in optical interconnect devices for data centers and fiber access networks, will be available on Monday. Its products are used by major internet companies like Alibaba, Tencent, and ByteDance. The company forecasts 2026 revenue between RMB 450 million and RMB 500 million. Guangdong Xinxin Semiconductor, dubbed 'Guangzhou's First Chip' and a 12-inch wafer manufacturer, will be available on Thursday. It serves chip design firms in consumer electronics, automotive, and AI sectors. The company expects first three quarters of 2026 revenue between RMB 2.87 billion and RMB 2.97 billion, with a narrowed net loss. Its IPO ranks fourth largest this year and has the highest subscription threshold for ChiNext stocks, suggesting a higher allocation probability. The article notes that recent new stocks have shown strong first-day gains.
Read sourceTwo New Stocks Including YueXin Semiconductor Open for Subscription Next Week
According to a Sohu Finance article, two new stocks will be available for subscription next week (September 21-25). Yute Optoelectronics, a 'Little Giant' enterprise specializing in optical interconnect components, is scheduled for subscription on Monday, September 21. The company has partnerships with leading domestic optical communication firms and its products are used by Alibaba, Tencent, and ByteDance. Its 2026 revenue is forecast at RMB 450-500 million, up 35-50% year-on-year. Guangdong Xinxin Semiconductor (YueXin Semiconductor), dubbed 'Guangzhou's First Chip,' is scheduled for subscription on Thursday, September 24. It is the first 12-inch wafer manufacturing enterprise in Guangdong Province and serves top-tier chip design firms. Its 2026 first-three-quarters revenue is forecast at RMB 2.87-2.97 billion, up 61-67% year-on-year, with a net loss narrowing to RMB 1.49-1.59 billion. The article notes YueXin Semiconductor's offering of 513 million shares ranks fourth among all new stocks this year, and its maximum online subscription limit requires Shenzhen market holdings of RMB 1.28 million, indicating an expected relatively high winning rate.
Read sourceTwo Chip Stocks, Including GSI Semiconductor, Open for Subscription Next Week
According to Sohu Finance, two new stocks will be available for subscription next week (September 21-25). Yute Optoelectronics, a 'Little Giant' specializing in optical interconnect devices, will be listed on Monday. It has partnerships with Alibaba, Tencent, and ByteDance, and forecasts 2026 revenue of RMB 450-500 million (up 35-50% year-on-year) and net profit of RMB 80-95 million (up 15.66-37.34%). GSI Semiconductor, dubbed 'Guangzhou's First Chip,' will be listed on Thursday. It is Guangdong's first mass-produced 12-inch wafer fab and expects Q1-Q3 2026 revenue of RMB 2.87-2.97 billion (up 61.27-66.89%) but a net loss of RMB 1.49-1.59 billion, narrowing year-on-year. GSI's subscription requires Shenzhen market holdings of RMB 1.28 million, the highest threshold among ChiNext listings this year, suggesting a high allocation probability.
Read sourceTwo Chip Stocks, Including Guangdong Xinxin Semiconductor, Open for Subscription Next Week
According to a Sohu Finance article, two new stocks will be available for subscription next week (September 21-25). Yute Optoelectronics, a 'Little Giant' specializing in optical interconnect devices, is scheduled for Monday. Its products are used in data centers of Alibaba, Tencent, and ByteDance, and it forecasts 2026 revenue of RMB 450-500 million (up 35-50% year-on-year) and net profit of RMB 80-95 million (up 16-37%). Guangdong Xinxin Semiconductor, dubbed 'Guangzhou's First Chip' and the first 12-inch wafer fab in Guangdong to mass produce, is scheduled for Thursday. It serves top chip design firms and forecasts Q1-Q3 2026 revenue of RMB 2.87-2.97 billion (up 61-67% year-on-year) but a net loss of RMB 1.49-1.59 billion, narrowing from last year. Its public offering size of 513 million shares is the fourth largest this year, and its subscription threshold of RMB 1.28 million in Shenzhen market value is the highest among ChiNext new listings this year, suggesting a high probability of winning an allocation.
Read sourceTwo New IPOs Next Week: Yute Optoelectronics and Yuexin Semiconductor Offer High Lottery Odds
According to a Sohu Finance report, two new stocks will be available for subscription next week (September 21-25). Yute Optoelectronics, a national 'little giant' specializing in optical connectivity products, will be available on Monday, September 21. The company serves major data center clients like Alibaba, Tencent, and ByteDance, and telecom operators including China Telecom, China Unicom, and China Mobile. Its prospectus forecasts 2026 revenue of 450-500 million yuan and net profit of 80-95 million yuan. Yuexin Semiconductor, known as 'Guangzhou's First Chip,' will be available on Thursday, September 24. It is Guangdong's first 12-inch wafer foundry in mass production, serving chip design firms in consumer electronics, industrial control, automotive electronics, and AI. The company is issuing 513 million shares, the largest among ChiNext IPOs this year, with a high expected lottery win rate. Its prospectus forecasts Q1-Q3 2026 revenue of 2.87-2.97 billion yuan but a net loss of 1.49-1.59 billion yuan, narrowing year-on-year.
Read sourceTwo New Stocks Available for Subscription Next Week; CanSemi Semiconductor Ranks Fourth in Total Shares Issued
According to East Money, two new stocks will be available for subscription next week on the A-share market. Yute Optoelectronics (subscription code 920157) is issuing 17.67 million shares at RMB 13.75 per share, with an issue P/E ratio of 14.99 times. The company provides optical connectivity products for data centers, including components for 400G, 800G, and 1.6T optical modules. Its 2023-2025 revenues grew from RMB 212 million to RMB 333 million. CanSemi Semiconductor (subscription code 301660) is issuing 513 million shares, with the issue price undisclosed. It is Guangdong's first mass-producing 12-inch wafer manufacturer, offering foundry services for integrated circuits and power devices. Its applications cover consumer electronics, automotive electronics, and AI. From 2023 to 2025, revenues grew from RMB 1.044 billion to RMB 2.582 billion, though net losses widened to RMB 2.346 billion. CanSemi forecasts first three quarters of 2026 revenue of RMB 2.87-2.97 billion, a 61-67% year-on-year increase, with net losses narrowing by 6-12%.
Two New Stocks Including CanSemi and Yute Optoelectronics Open for Subscription Next Week
According to East Money's A-share company news, two new stocks will be available for subscription next week: Yute Optoelectronics and CanSemi. Yute Optoelectronics, a national-level SRDI enterprise in optical connectivity, has set its subscription code at 920157, an issue price of RMB 13.75 per share, and an issue P/E ratio of 14.99x, against a reference industry P/E of 73.59x. Its products address high-speed optical interconnection in data centers for 400G, 800G, and 1.6T modules. The company forecasts 2026 full-year revenue of RMB 450-500 million (up 35-50% YoY) and net profit of RMB 80-95 million (up 15.66-37.34% YoY). CanSemi, Guangdong's first mass-producing 12-inch wafer foundry, has subscription code 301660 with undisclosed issue price and P/E, but a reference industry P/E of 73.18x. It is the only mainland Chinese firm with large-scale 12-inch silicon photonics wafer production. CanSemi forecasts Q1-Q3 2026 revenue of RMB 2.87-2.97 billion (up 61.27-66.89% YoY) and a net loss narrowing to RMB 1.49-1.59 billion. Both companies' financial data and forecasts are sourced from their prospectuses and China Fund News.
Read sourceYute Optoelectronics and Guangdong Xinxin Semiconductor IPOs Open for Subscription Next Week
According to a report from East Money, two new stocks will open for subscription next week. On September 21, investors can subscribe to Yute Optoelectronics and Guangdong Xinxin Semiconductor. Yute Optoelectronics, a national-level 'Specialized, Refined, Distinctive, and Innovative' enterprise in optical connection products, is issuing 17.67 million shares at RMB 13.75 per share, with a P/E ratio of 14.99 times. The company reported growing revenues and profits from 2023 to 2025 and forecasts a 35.04% to 50.04% year-on-year revenue increase for full-year 2026. Guangdong Xinxin Semiconductor is issuing 513 million shares; its issue price is undisclosed. The company reported increasing revenues from RMB 1.044 billion to RMB 2.582 billion from 2023 to 2025 but sustained net losses, narrowing to a loss of RMB 1.052 billion in the first half of 2026. The company remains unprofitable and expects profitability on a consolidated basis as early as 2029.
Read sourceTwo New Stocks Including Chip Maker Guangdong Xinxin Open for Subscription Next Week
According to the current issuance schedule reported by China Securities Journal and published on East Money, two new stocks will be available for subscription next week. Yute Optoelectronics on the Beijing Stock Exchange and Guangdong Xinxin Semiconductor on the ChiNext board can be subscribed on Monday, September 21. Guangdong Xinxin Semiconductor is noted as the ChiNext new stock with the largest number of shares issued so far this year, suggesting a relatively high probability of winning an allotment. Yute Optoelectronics, a national-level 'Specialized, Refined, Distinctive, and Innovative' enterprise, focuses on optical connectivity products for data centers and telecom operators. It reported operating revenues of RMB 212 million, RMB 253 million, and RMB 333 million in 2023, 2024, and 2025, respectively. Guangdong Xinxin Semiconductor, known as 'Guangzhou's First Chip,' is a 12-inch wafer manufacturer focusing on analog chips, power devices, and silicon photonics chips. It reported operating revenues of RMB 1.044 billion, RMB 1.681 billion, and RMB 2.582 billion in 2023, 2024, and 2025, but has not yet achieved profitability, with net losses of RMB 1.917 billion, RMB 2.253 billion, and RMB 2.346 billion, respectively. The company expects to turn profitable on a consolidated basis no earlier than 2029.
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