DeHeng Advised Leadyo IC Testing on Listing on SSE STAR Market

2020-11-11

On November 11, 2020, Guangdong Leadyo IC Testing Co., Ltd. ("Leadyo IC Testing", stock code: 688135) was listed on the STAR Market of Shanghai Stock Exchange. For the initial public offering, Leadyo IC Testing issued 34.1 million shares at the price of RMB 15.72 per share, and raised about RMB 536 million.

Established in February 2010, Leadyo IC Testing is a modern high-tech OEM of the back-end-of-line semiconductor equipment and one of the largest independent third-party integrated circuit testing bases in China. Its main business includes IC testing program development, 12-inch and 8-inch wafer testing services, chip product testing services and other supporting services for IC testing. Since inception, it has been focusing on IC testing and has accumulated a number of proprietary core technologies in this field. It has developed 33 types of chip testing solutions and completed mass production testing of more than 3,000 chip models, which can be applied to tests in different terminal application scenarios.

As the issuer's legal counsel, the DeHeng team, led by partners Xu Jianjun and Liu Zhenguo, with primary support from lawyers Tang Yongsheng, Zheng Jie, Li Lele and Ouyang Jingxian, provided professional, high-quality and efficient legal services for the IPO.