Fremont Micro Devices (FMD) has filed for IPO registration with the Shenzhen regulator on August 21, restarting its A‑share listing process after two previous withdrawal attempts (STAR Market in 2021, ChiNext in 2023). The sponsor is Guotou Securities.
Founded in 2005 and based in Shenzhen, FMD is a fabless IC design house spanning MCUs, EEPROM, and PMICs – one of the few domestic players with volume production capability across all three categories. Founder and controlling shareholder Xu Rubai (Hong Kong‑born, US‑citizen, ex‑Bell Labs/AMD/Lattice) holds 58.5% of shares.

Historical financials (2020‑2022): revenue RMB 308M / 540M / 476M; net profit RMB 52M / 166M / 112M; R&D spend RMB 35M / 56M / 67M. The company has shipped over 4.5 billion chips cumulatively and supplies brands including GAC Aion, Philips, LG, Xiaomi, Midea, Bull, and Roborock. As of end‑2022, it employed 99 R&D staff (60% of total) and held 86 patents (9 US) , with certification as a national "Little Giant" enterprise.
ICgoodFind Takeaway:
FMD’s third IPO attempt could fuel MCU/EEPROM/PMIC capacity expansion and accelerate analog chip localization – a name to watch in China’s mixed‑signal IC space.