GPixel on the verge of IPO?

From: http://www.myzaker.com/article/65d3ce24b15ec01a56438179

(Translated with Google Translate)

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Against the backdrop of an improving market, Changchun Changguangchenxin Microelectronics Co., Ltd. (hereinafter referred to as "Changguangchenxin"), a domestic company specializing in CMOS image sensors, has recently launched its IPO application on the Shanghai Stock Exchange Science and Technology Innovation Board. to the inquiry stage.

In this IPO, Changguang Chenxin plans to raise 1.557 billion yuan, and the funds are planned to be invested in the research and development and industrialization projects of CMOS image sensors in different directions, including the field of machine vision, scientific instruments, and professional imaging. At the same time, funds are also planned to be invested in high-end CMOS image sensor R&D center construction projects and to supplement working capital.

However, in recent years, Changguangchenxin's net profit has turned from profit to loss during the reporting period. Moreover, as a company that wants to be listed on the Science and Technology Innovation Board, Changguangchenxin's R&D expense rate has been decreasing year by year, and the detailed list of R&D expenses has been focused on by the Shanghai Stock Exchange. 

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