China News Service, Guangzhou, October 13 (Reporter Zhang Lu) On October 13, Yuexin Semiconductor Technology Co., Ltd. ("Yuexin Semiconductor") was successfully listed on the GEM of the Shenzhen Stock Exchange.
According to reports, Yuexin Semiconductor is located in the Guangzhou Development Zone and Sino-Singapore Guangzhou Knowledge City in Huangpu District. It is the first 12-inch wafer manufacturing company independently cultivated in Guangdong Province to achieve mass production, and is known as the "No. 1 Chip in Guangzhou." Over the years, the company has focused on the specialty process wafer foundry business, with a multi-category layout, and continues to deeply empower companies in the fields of consumer electronics, industrial control, automotive electronics, and artificial intelligence. By continuing to focus on mature process characteristics, it has formed differentiated competitive advantages and helped China's integrated circuit industry achieve technological breakthroughs and industrial upgrades.
In the past three years, Yuexin Semiconductor's operating income has been 1.044 billion yuan, 1.681 billion yuan, and 2.582 billion yuan respectively, with a compound annual growth rate of 57.30%. The main business revenue accounted for more than 97%, and the business structure is clearly focused. In the first half of 2026, operating income further reached 1.777 billion yuan, a year-on-year increase of 68.76%, and the growth trend continued to accelerate.
According to reports, the funds raised from this listing will be mainly invested in the 12-inch integrated circuit analog specialty process production line (Guangdong Core Phase III). The total investment plan is 16.25 billion yuan. It is planned to use the raised funds to invest 3.500 billion yuan. It is planned to build a 12-inch integrated circuit analog specialty process production line project with a planned monthly production capacity of 40,000 pieces. It will achieve an annual production capacity of 480,000 wafers, focusing on industrial-grade, automotive-grade and other application markets.
At the Guangdong Province Advanced Manufacturing Conference held recently, Chen Jin, chairman of the company, said that Yuexin is a chain master enterprise cultivated by Guangdong. The "14th Five-Year Plan" has completed the leap from "survival" to "creating characteristics". Chen Jin believes that the opportunities for developing advanced manufacturing in Guangdong outweigh the challenges. Guangdong is a province of terminal applications and has the inherent advantage of application-driven manufacturing.
The Guangzhou City Government Work Report for 2026 clearly mentioned that the construction of major projects such as the fourth phase of Guangdong Core will be accelerated. According to reports, the implementation of this project will inject new strong momentum into the high-quality development of the integrated circuit industry in the Guangdong-Hong Kong-Macao Greater Bay Area. Through capacity expansion and technological upgrading, it will directly attract and drive the gathering of upstream and downstream supporting companies, and further improve the regional industrial ecology.
On January 22, 2026, the launch ceremony of the fourth phase of the Yuexin Semiconductor project was held in the Guangzhou Development Zone. The project has a total investment of approximately 25.2 billion yuan and plans to build a 12-inch digital-analog hybrid specialty process production line with a monthly production capacity of 40,000 pieces. Focusing on the six major directions of "sensing, transmission, computing, storage, control, and display", the project will systematically build internationally advanced digital-analog hybrid, optoelectronic fusion and other specialty process platforms.
Chen Jin previously said that on the premise of consolidating and expanding the advantages of analog specialty processes, the fourth phase of Guangdong Core will accurately supplement and optimize key production capacities through the fourth phase project, deeply strengthen the capabilities of the characteristic process platform, and realize the strategic transformation and upgrading from "pure analog" to a composite technology platform with "analog as the core, digital upgrade as butterfly transformation, and photoelectric integration as the feature".
