SIYI Technology, a high-tech enterprise specializing in R&D, manufacturing, and sales of electronic measurement instruments, has had its ChiNext IPO application accepted by the Shenzhen Stock Exchange. Haitong Securities serves as its sponsor, aiming to raise 1.5 billion yuan.
As the most comprehensive domestic electronic measurement instrument provider with the widest spectrum coverage, SIYI offers products including complete machines, testing systems, and components. With decades of technological expertise, the company has built China's largest R&D team and possesses top-tier research facilities and industrialization capabilities, making it the nation's strongest electronic measurement instrument manufacturer by both comprehensive strength and revenue scale.
Notably, SIYI stands as China's only enterprise capable of competing globally across microwave/millimeter-wave, photoelectric, communication, and fundamental measurement instrument sectors. Its overall technical level leads domestically, achieving international advanced standards in microwave/millimeter-wave instruments and leading in certain niche areas.
Technological breakthroughs include: - Phase noise optimization to <-132dBc/Hz in low-noise broadband microwave frequency synthesis - Maximum frequency extension to 120GHz in broadband microwave/millimeter-wave signal reception - Real-time analysis bandwidth expansion to 2GHz in broadband signal acquisition - Spectral resolution improvement to 0.01nm in high-precision optomechanical unit alignment
As of June 30, 2025, SIYI holds 552 patents (514 inventions) and 248 software copyrights, reflecting robust R&D capabilities. Financially, the company reported: - 2022-2024 revenues: 1.949B, 2.153B, and 2.052B yuan respectively - H1 2025 revenue: 993 million yuan - Corresponding net profits: 228M, 190M, 275M, and 160M yuan
Proceeds from the IPO will fund approved projects following board and shareholder meetings.
Comments