Qiangyi Semiconductor IPO raised 1.5 billion yuan for R&D and production projects

Qiangyi Semiconductor (Suzhou) Co., Ltd. plans to raise RMB 1.5 billion in its IPO, mainly for the Nantong probe card R&D and production project (RMB 1.2 billion) and the Suzhou headquarters and R&D center construction project (RMB 300 million). Through this financing, the company hopes to consolidate its technological advantages in non-storage fields, achieve technological breakthroughs in the storage field, and expand the production and manufacturing capabilities of 2D MEMS probe cards, thin film probe cards, and 2.5D MEMS probe cards, and enhance the competitiveness of products in different fields.