On March 29, Suzhou Helin Weina Technology Co., Ltd. (stock abbreviation: Helin Weina, stock code: 688661) was officially listed on the A-share market. The company issued 2 million shares this time at an issue price of 17.71 yuan per share. , The actual raised funds of 354 million are mainly used for the expansion of micro-electromechanical (MEMS) precision electronic parts, the expansion of semiconductor chip test probes and the construction of R&D centers.

Helin Weina is a high-tech enterprise focusing on micro-precision manufacturing. Its main business is the research and development, design, production and sales of micro-precision electronic parts and components. The company's products are mainly aimed at high-end electronic products and application fields. Its customers are mainly internationally renowned MEMS products, semiconductor chip manufacturers, and semiconductor packaging and testing equipment and service providers. It is one of the most competitive companies in the industry.

Years of international market development and accumulation of high-quality customers

It is understood that MEMS, or microelectronic mechanical system, is a multidisciplinary frontier technology field developed on the basis of microelectronics technology. MEMS systems integrate micro-sensors, micro-actuators, micro-power supplies, mechanical structures, signal processing, control circuits, high-performance electronic integrated devices, interfaces, communications and other sub-systems on a micron or even nano-level device to achieve electronic products. Miniaturization, intelligence, low cost, low energy consumption, easy integration and high reliability.

At present, MEMS is a revolutionary new technology widely used in high-tech industries such as medical, automotive, communications, national defense, Internet of Things, smart devices, aerospace and aviation. It has become a national science and technology development, economic prosperity and The key technology of national defense security.

Since the intelligent voice interaction function was widely promoted in various consumer electronic products in 2017, MEMS micro microphones have been one of the most concerned MEMS devices in the industry and the fastest growing market size. According to statistics from Yole Development, from 2013 to 2019, the market size of MEMS micro microphones increased from US$785 million to approximately US$1.7 billion in 2019, with an average annual compound growth rate of 13.74%.

The downstream customers of Helin Microelectronics' MEMS microelectronic parts products are mainly various MEMS sensor manufacturers, and the products are mainly used in MEMS sensor products such as acoustic sensors and pressure sensors. With a good market reputation, excellent product quality and years of development in the international market, the company has accumulated high-quality customer resources.

At present, the company’s customers include internationally renowned MEMS equipment manufacturers such as STMicroelectronics, NVIDIA, Analog Devices, Honeywell, Infineon, Amkor, Bosch, and Knowles Electronics, as well as domestic listed companies such as GoerTek. MEMS manufacturer. Among them, Bosch, STMicroelectronics, Analog Devices, Honeywell, Knowles Electronics, and GoerTek were among the world's top 30 MEMS product suppliers in 2018, with a combined market share of more than 70%.

From the perspective of terminal applications, the terminal application products of Helin Micron's products are mainly consumer and medical electronic products such as smart phones, TWS headsets, medical hearing aids, and Bluetooth speakers. The company's products are used in products of well-known consumer electronics brands at home and abroad, such as Apple, Huawei, Samsung, Xiaomi, OPPO, and VIVO.

Enhance market competitiveness with core technology

In addition, Helin Weina always attaches great importance to independent research and development of core technologies, and has continuously invested a large amount of resources for research and development and introduction of new technologies and new processes since its establishment, combined with the development trend of advanced technologies and products in the downstream industry and the application of end products. Circumstances to carry out research on new products and new technologies.

Continuous independent research and development has provided the company with certain technical advantages in important technical fields such as micro-mold design, product design, micro-precision metal forming, and large-scale production, laying a good technical foundation for the company's future development and growth.

As of March 1, 2021, Helin Weina has a total of 63 patents, 12 invention patents, 49 utility model patents, and 2 design patents; the scope of patents covers the design of micro-electronic parts, micro-mold design, Micro-precision metal forming and mass production have formed their own core technologies and applied them to the company's main product lines.

As of June 30, 2020, the company has a total of 47 R&D personnel, accounting for 20.09% of the company’s total headcount. The professional scope covers product design, technology research and development, process design, fine mold design and group testing, intellectual property protection and CNC In high-precision micro-processing and other fields, the core technical personnel have many years of research and development experience in the field of micro-precision product manufacturing, and have in-depth understanding and practical experience in the development of the industry.

In addition, the company's processing capacity has reached the advanced level of the industry. Under the conditions of high-precision processing, the company's production capacity has reached an annual production scale of 1.7 billion pieces. During the reporting period, it has always maintained a high yield rate and successfully took into account product quality and Requirements for large-scale production.As one of the earliest domestic manufacturers of fine electronic parts and components to participate in international competition, Helin Weina has a relatively high degree of internationalization. Most of the main management personnel, technical personnel and sales personnel are from well-known foreign capital and companies in the same industry. Joint ventures have rich experience and resources in international competition.

At present, Helin Weina has obtained high-quality supplier and customer resources in the industry by actively integrating into the global industrial chain, and high-quality raw materials and opportunities to cooperate with top customers have further improved the company's product quality and market competitiveness.