Beijing ESWIN Technology began bookbuilding for a Hong Kong listing on September 28, aiming to become the territory’s first listed RISC-V open-source chip company. It plans to offer 1.57 billion H shares at HK$1.48 to HK$1.59 each, raising up to HK$2.5 billion, with a board lot of 2,000 shares carrying an entry fee of HK$3,212. The company designs specialized RISC-V integrated circuits used in processors for smart home appliances, office equipment, automotive display systems, and AI edge devices, and says it will direct the proceeds to chip-product development, software and hardware platform work, and potential strategic acquisitions.
ESWIN opens Hong Kong IPO aimed at becoming the territory's first listed RISC-V open-source chip firm
Beijing ESWIN Technology began bookbuilding for a Hong Kong listing on September 28, aiming to become the territory's first listed RISC-V open-source chip company. It plans to offer 1.57 billion H shares at HK$1.48 to HK$1.59 each, raising up to HK$2.5 billion, with a board lot of 2,000 shares carrying an entry fee of HK$3,212. The company designs specialized RISC-V integrated circuits used in processors for smart home appliances, office equipment, automotive display systems, and AI edge devices, and says it will direct the proceeds to chip-product development, software and hardware platform work, and potential strategic acquisitions.
Source: Com