[Introduction]Smartway (Shanghai) Electronic Technology Co., Ltd. (stock abbreviation: Smartway, stock code: 688213) was listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange. .
Founded in 2017, Smartway is a high-tech enterprise engaged in the R&D, design and sales of CMOS image sensor chip products. It is headquartered in Shanghai, China, and has R&D centers in many cities and countries. The company has always focused on the innovation and research and development of high-end imaging technology, and has been recognized and favored by many customers with its own performance advantages. As a CMOS image sensor product company dedicated to providing multi-scenario applications and full-performance coverage, the company’s products have covered the full-performance requirements of security monitoring, machine vision, intelligent vehicle electronics, smartphones and other multi-scenario applications.
On May 20, 2022, Dr. Xu Chen, Founder, Chairman and CEO of Smartway, Mr. Lou Yuguang, Chairman of National Integrated Circuit Industry Investment Fund Co., Ltd., Deputy Head of Shanghai Pudong New Area, China (Shanghai) Free Trade Mr. Wu Qiang, Deputy Director of the Management Committee of the Pilot Zone, Mr. Lu Feng, Director of Smartway and Partner of Guangyuan Investment, and Dong Junfeng, Head of the TMT Industry Group and Managing Director of China Securities Investment Banking Committee, attended the listing ceremony of Smartway and delivered a speech. gave a wonderful speech and witnessed this glorious moment in the development of Smartway.
Dr. Xu Chen, Founder, Chairman and CEO of Smartway, said: “On the occasion of Smartway’s successful IPO, please allow me to express my sincere gratitude to all Smartway employees and to all those who have cared, supported and loved us for a long time. I would like to express my most sincere thanks to the government, investors, partners, intermediaries and friends from all walks of life!
Smartway is a well-known chip design company in the field of CMOS image sensors, and has a high market position in the fields of security monitoring, machine vision, and intelligent vehicle electronics. Adhering to the beautiful vision of “letting people see and understand the world better”, SmartVision continues to dig deep into the emerging needs of customers and gain insight into the cutting-edge development trends of the industry and technology. We also hope to promote the transformation and development of various industries towards intelligence and informatization through continuous improvement of advanced technologies, and make greater contributions to the development of National semiconductor.
Smartway’s successful listing is an important milestone in the company’s development. We will rely on the advantages of the listing platform, focus on customer needs while adhering to the true nature of innovation, research and develop new products, explore new technologies, expand new formats, and achieve efficient operation centered on customer needs, with better products and cutting-edge technologies. A new vision for the development of the semiconductor market.
Mr. Lou Yuguang, chairman of the National Integrated Circuit Industry Investment Fund Co., Ltd., said: “As an outstanding enterprise in the field of image sensor chips, Smartway has always adhered to technological innovation under the leadership of Chairman Xu Chen and his team, and explored customers in depth. Demand, keen insight into the development trend of the industry, continuous expansion of product application fields, boosting the intelligent transformation and development of related industries, and making positive contributions to the development of my country’s integrated circuit industry.
Today’s successful landing on the Science and Technology Innovation Board marks that Smartway has reached a new starting point for development, adding a strong development momentum. As a shareholder, we will continue to support Smartway’s development. We believe that by virtue of the east wind of the capital market, Smartway will directly hang on the cloud sail, ride the wind and waves, and create another brilliant future. “
Mr. Wu Qiang, deputy head of Shanghai Pudong New Area and deputy director of the China (Shanghai) Pilot Free Trade Zone Management Committee, said: “Since its establishment, Smartway has insisted on creating outstanding performance with the spirit of hard work, and has established a good reputation and brand in the industry. Influence. Hope Smartway will strictly abide by laws and regulations, forge ahead, take advantage of the trend, create greater glories, return investors with more excellent performance, and give back to the society with more responsible responsibilities after entering the capital market.
Building a world-class industrial cluster of integrated circuits is a strategic task assigned by General Secretary Xi Jinping and the Party Central Committee to Pudong. The haze of the epidemic will eventually dissipate. I hope that more excellent integrated circuit companies and teams like Smartway will choose Pudong and take root in Pudong. We will, as always, provide the best quality service guarantee for integrated circuit enterprises. “
Mr. Lu Feng, Director of Smartway and Partner of Everbright Investment, said: “Everbright Investment is Smartwell’s earliest institutional investor and has participated in all 5 rounds of financing from A round to Pre-IPO. We are Smartway. I am a big fan and a staunch supporter. We really enjoy the process of going through the storm with the entrepreneurial team.
Smartway has established its leading position in the industry and market with continuous innovation, and has brought good returns to shareholders with excellent performance. Today, Smartway’s successful listing will be a new starting point. We wish Smartway to gradually grow into the world’s top CMOS image sensor design company with the help of the capital market. We continue to be optimistic about Smartway’s development prospects and will continue to give strong support as always. “
Mr. Dong Junfeng, head of the TMT Industry Group and Managing Director of the Investment Banking Committee of China Securities Investment Committee, said: “In the blink of an eye, we have accompanied Smartway through two springs and autumns and overcome many difficulties together. As a sponsor, we are fortunate to witness Such a company with a ‘scientist’ temperament has achieved leapfrog development.
Looking forward to the future, standing at a new starting point, with in-depth thinking and long-term investment in the industry, we believe that Smartway will be able to take advantage of the power of the capital market to make further progress! North and South Wind’, no matter how the external environment changes, we are firmly optimistic about the value of the company and believe that the beautiful vision of “letting people see and understand the world better” will surely be realized. , escort all the way! “
Integrated circuit design is a technology-intensive industry, and CMOS image sensors span the two fields of optical and electrical design, and have a high technical threshold. As a high-tech enterprise in the field of chip design, Smartway has strong independent research and development strength. Before the listing, the company and its subsidiaries had a total of 183 patents, including 74 invention patents. As of the end of September 2021, the company has a total of 674 employees, including 266 R&D personnel, accounting for about 40% of the total number of employees. Among them, more than 60% of the R&D personnel have a master’s degree or above, and most of the R&D personnel are from 985, 211 and overseas famous universities.
In the rapidly developing integrated circuit industry, Smartway’s performance has continued to improve in recent years. According to Smartway’s prospectus, Smartway’s revenue and net profit attributable to the parent have achieved rapid growth in 2020 and 2021. Among them, the company will achieve revenue of 2.689 billion yuan in 2021, and the compound annual growth rate of revenue from 2018 to 2021 is as high as 102%; in 2021, the net profit attributable to the parent will be 398 million yuan, a year-on-year increase of more than 2 times. Smartway is currently in a stage of rapid growth, and its performance is expected to continue to make great strides.
From the perspective of business scale, Smartway has excellent market performance. According to Frost & Sullivan statistics, in the field of security monitoring, the company will achieve shipments of 146 million CMOS image sensors in 2020, ranking first in the world in terms of shipments. In addition, SmartVision is also continuing to use technological innovation in machine vision, intelligent vehicle electronics, and smart phones and other fields, extending its own superior technology to meet the needs of customers in more application fields.
At present, the global new energy vehicles are in the outbreak period. According to Frost & Sullivan statistics, in 2020, the shipments and sales of CMOS image sensors in the automotive electronics field will be 400 million and 2.02 billion US dollars, respectively. It is estimated that the shipments of automotive electronics CMOS image sensors And sales will reach 950 million and 5.33 billion US dollars in 2025, and the compound annual growth rate will reach 18.89% and 21.42%. According to this, industry analysts believe that automotive applications are expected to become the core growth point of CIS chips in the future.
It is worth mentioning that, as one of the few domestic technology companies with self-developed vehicle image sensor technology, Smartway has launched a number of popular vehicle chip products, and is also actively promoting the research and development and market introduction of high-end vehicle front-mounted products. With its excellent imaging performance, the three major applications of smart car imaging, in-vehicle perception ADAS and in-cabin will continue to contribute to Smartway’s rapid growth.
This successful listing on the Science and Technology Innovation Board is a new starting point for Smartway to achieve its lofty goals. The integration of industry and capital has built a broad development stage for Smartway. In the future, we will continue to improve the company’s technological innovation capabilities, further improve the company’s multi-level product application system, strengthen the company’s core technology and product performance, and build a new pattern for the company’s future development!
About SmartSens Technology
SmartSens Technology (Shanghai) electronic Technology Co., Ltd. (stock abbreviation: SmartSens, stock code: 688213) is a high-tech enterprise engaged in the research and development, design and service of CMOS image sensor chip products. It was founded in 2011 and has its headquarters. In Shanghai, China, we have R&D centers and sales offices in Beijing, Shenzhen, Hangzhou, Hong Kong, Hsinchu and San Jose, USA, and our network covers the world. SmartVision is driven by innovation and focuses on providing customers with future-oriented and world-leading CMOS image sensor chip products. With a R&D team that is proficient in innovation and covers the world, Smartway has independently developed many industry-leading innovative technologies such as excellent night vision full-color technology, SFCPixelTM patented technology, and Stack BSI’s global exposure technology.
Since its establishment, Smartway has always been focusing on the innovation and research and development of high-end imaging technology. With its performance advantages, it has stood out in the homogeneous competition and has been recognized and favored by more customers. The company’s products have also continued to mature and have established a leading position in the security field. The products cover security monitoring, vehicle imaging, machine vision and consumer electronics (action cameras, drones, sweeping robots, smart home cameras) and other application fields. Since 2017, SmartVision has maintained a leading global market share in the field of CIS product security for many consecutive years, and has become the leading global Shutter CIS enterprise in the field of consumer machine vision. In the future, it will continue to expand and innovate in emerging application fields such as artificial intelligence, mobile imaging, and automotive electronics. For more information, please visit: www.smartsenstech.com.