Ang Ruiwei announced that the company's initial public offering of shares and its application for listing on the Science and Technology Innovation Board has been reviewed and approved by the Shanghai Stock Exchange Listing Committee and approved for registration by the China Securities Regulatory Commission. This time, 248.829.22 million new shares were issued, accounting for 25% of the total share capital after issuance, with an issue price of 83.06 yuan per share. The total capital raised was 2,067 billion yuan, and the net amount was 1,932 billion yuan, which will be used for 5G RF front-end chip and module research and development projects. The estimated issuance cost is $134 million. In addition, the company's executives, employees and sponsor subsidiaries participated in the strategic placement. The sales limit period was 12 months and 24 months, respectively.

Ang Ruiwei announced that the company's initial public offering of shares and its application for listing on the Science and Technology Innovation Board has been reviewed and approved by the Shanghai Stock Exchange Listing Committee and approved for registration by the China Securities Regulatory Commission. This time, 248.829.22 million new shares were issued, accounting for 25% of the total share capital after issuance, with an issue price of 83.06 yuan per share. The total capital raised was 2,067 billion yuan, and the net amount was 1,932 billion yuan, which will be used for 5G RF front-end chip and module research and development projects. The estimated issuance cost is $134 million. In addition, the company's executives, employees and sponsor subsidiaries participated in the strategic placement. The sales limit period was 12 months and 24 months, respectively.