Xi’an UniIC filed its IPO tutoring application

On January 5, Xi'an UnilC Semiconductors Co., Ltd., a memory chip supplier based in Xi'an, filed its IPO tutoring application with the Shaanxi Securities Regulatory Bureau, initiating the IPO process on the Beijing Stock Exchange (BSE). CITIC Securities is serving as the tutoring institution.Established in April 2006, UnilC is a subsidiary of the new Tsinghua Unigroup and operates as a product and service provider focused on memory technology. The company has a registered capital of 136 million yuan(approximately equivalent to 19.4 million US Dollars). UNIC Memory Technology Co.,Ltd. holds 81.287 million shares in UnilC, representing a 59.63% stake, making it the controlling shareholder.