On August 25th, Telink Semiconductor was officially listed on the Shanghai Stock Exchange's Science and Technology Innovation Board(STAR Market), with a stock code of 688591. 

The total amount of funds raised in this public offering was CNY 1.324 billion, with an issue price of CNY 24.98 per share, an issue quantity of 60 million shares, and a total post-issuance equity of 240 million shares. The issue price-earnings ratio was 172.25 times, far higher than the industry's average price-earnings ratio of 35.16 times.

The opening stock price rose by 32.906%, with a trading volume of 1.25 million shares, and as of 9:36 Beijing time, the stock had risen by 40.07%, with a total market value of CNY 8.398 billion.

About Telink Semiconductor

Telink Semiconductor is a fabless IC design company that has built a comprehensive product portfolio and become one of the leading IC suppliers in state-of-the-art wireless connectivity SoCs through years of research and development. Telink, on the other hand, has five fully-owned primary subsidiaries, two secondary subsidiaries, and one equity investment company, as well as research and development centers and sales offices in the United States, Hong Kong, and other locations.

Telink's products can be widely used in various consumer and commercial IoT applications, including smart retail, consumer electronics, smart lighting, home automation, medical devices, warehousing and logistics, audio, and entertainment. Our SoCs are powering devices from Hanshow, Xiaomi, Logitech, Home Control, Tuya, Ledvance, Renesas, iFLYTEK, Skyworth, Sharp, Panasonic, Nvidia, Harman, and many other brands.

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