Weijie Chuangxin (Tianjin) Electronic Technology Co., Ltd. (securities abbreviation: Weijie Chuangxin, stock code: 834550) was officially listed on the National Stock Exchange System (referred to as the New OTC Market) through an agreement transfer method for public transfer today. The company announced its listing information on the official website of the stock transfer company on November 24.
According to public information, Weijie Chuangxin was founded in 2010 and is registered in Tianjin Economic and Technological Development Zone. Its main business covers the innovative design, production and sales of radio frequency and high-end analog integrated circuits. The company has established R&D and operation institutions in Tianjin, Beijing, Shanghai, Shenzhen, Suzhou and Hong Kong.
After five years of development, Weijie Chuangxin has become the top RF integrated circuit design company in China, and is the only company in China that can mass-produce all standard RF front-end products for 2G, 3G, and 4G. Its products are mainly used in mobile phones and tablets of different network standards, including GSM, CDMA, TD-CDMA, WCDMA and TDD/TDDLTE, etc. The quality of its products has been recognized by many well-known domestic brand customers.
According to the announcement, the company's operating income from January to April in 2013, 2014 and 2015 was 340 million yuan, 467 million yuan and 141 million yuan respectively. During the reporting period, more than 95% of its main business revenue came from 2G and 3G products. Since 2014, the company has begun to develop 4G products.

On June 4, 2015, Weijie Chuangxin launched the latest generation of RF front-end product portfolio, dedicated to 4G mobile communications. This product includes two sets of combinations supporting 3-mode and 5-mode 4G mobile communication terminal applications, and complies with the phase 2 radio frequency front-end standard defined by MTK's 4G communication platform. The launch of new 4G products is expected to bring new business growth points to the company. At the same time, the company also released a series of new RF front-end products and independent switch products for 3G mobile phones, which also comply with MTK's latest phase2 standard.
As a Fabless model IC design company, Weijie Chuangxin attaches great importance to the research and development of independent intellectual property technology, and its R&D personnel account for nearly 50% of the company's total headcount. At present, the company has more than 20 integrated circuit-related patents and layout design exclusive rights, and has complete independent intellectual property rights for all Vanchip brand products.
As wireless communication technology develops towards 4G and 5G, the importance of radio frequency front-end, as a semiconductor product with high technical threshold, has become increasingly prominent. In the context of the country's promotion of the development of the integrated circuit industry, Weijie Chuangxin is expected to continue its efforts and develop into a world-class RF integrated circuit design company in China at an early date.