[XGNews]: Aojie technology broke off and opened down 20.99%

The following is the [XGNews]: Aojie technology broke off and opened down 20.99% recommended by xgapn.com.

News on January 14 (Nanshan) communication chip manufacturer Aojie Technology (ASR) was officially listed on the science and innovation board today. however. Aojie encountered “open door green” and broke at the opening, with a sharp drop of 20.99%.

As of press time, Aojie technology fell 25.91%, with a market value of 50.991 billion yuan.

According to the prospectus, Aojie technology will achieve a revenue of 1.081 billion yuan in 2020, a year-on-year increase of 171.64%; The net loss was RMB 2.327 billion, including RMB 1.767 billion due to employee equity incentive and RMB 572 million after deducting non equity incentive. From January to June 2021, Aojie technology expects an operating revenue of 817 million yuan to 903 million yuan, with a year-on-year increase of 81.18% to 100.25%.

In terms of products, the main product of Aojie technology is cellular communication chip, accounting for more than 70% of the chip revenue. It is mainly used for 4G communication module. Its asr3601 is used in functional mobile phones. Aojie technology has not yet formed the revenue of smart phone baseband chip.

Related news:

Successful IPO of Aojie Technology Innovation Board: renewed legend of communication chip veterans

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