Shanghai FourSemi Semiconductor Co Ltd, registered in Shanghai's Lin-gang Special Area, debuted on the main board of the Hong Kong Stock Exchange on March 31, marking its listing as the first audio chip stock in the Hong Kong market.

Shanghai FourSemi Semiconductor Co Ltd debuts on the Hong Kong Stock Exchange on March 31. [Photo/IC]

The recent milestone injects powerful capital momentum into FourSemi's core focus areas — intelligent audio and haptic sensing chips — and accelerates both domestic innovation and global market expansion. It also highlights Lin-gang's growing strength in nurturing new productive forces and supporting businesses at every stage of their development.

Founded in 2016, FourSemi specializes in the research, design and sales of intelligent audio chips and haptic feedback chips. With a dual-core strategy centered on these two types of chips, the company has developed a robust product portfolio that serves a wide range of applications, including consumer electronics, smart vehicles, smart home devices and wearable technologies.

Proceeds from the IPO will be directed toward key strategic priorities, including increased investment in core technology research and development, with a focus on breakthroughs in automotive-grade chips and AI audio chips. The company also plans to procure advanced testing equipment and expand its overseas marketing network to support its global business development.