Actions Technology goes public (12^th-Dec,2021)

Actions Technology Co., Ltd. (referred to as Actions Technology) officially landed on the Science and Technology Innovation Board on 29th November, 2021. 

This time Actions Technology publicly issued 30.5 million shares at an issue price of 42.98 yuan per share. 

The total amount of funds raised from the new shares was 1.31089 million yuan, and the total share capital after the issuance was 122 million shares.

In recent years, with the advent of the 5G era, the smart audio industry has also achieved rapid development, and at the same time it has also driven the market growth of the entire smart audio industry chain. 

As the core component of smart audio, the chipset has also ushered in a wave of development dividends in the continuous expansion of the smart audio market. 

In the past few years, there have been countless manufacturers involved in the intelligent audio SoC field. 

In addition to the increasingly fierce market competition environment, many manufacturers have seized this market opportunity and successfully participate in Sci-tech Innovation field. That is why the Actions Technology grows rapidly under this kind of  background environment.

Actions Technology has 268 patents in the world including China. 

According to incomplete research, among A-share listed companies, except for SMIC and one or two companies, Actions should be among the best in terms of patents. 

The Actions team is technically, especially in the analog-to-digital mixing, audio signal chain, from ADC (high-speed analog converter) to DAC (digital-analog converter), including algorithms, software processing, and the entire audio signal chain processing has a very deep accumulation.

The chairman and CEO of Actions Technology stated:

The opportunity in the smart wearable market is very obvious. There are many articles about how the TWS wireless earphone will grow explosively. This year, although the overall growth of the TWS earbud market is slower than expected, the growth is still very fast.

We call TWS earphones ear wearables. In the part where smart watches are worn on the wrists, there will be a explosive growth in the future. 

Therefore, we are very optimistic about the smart wearable market, because smart wearables are a very important field of IoT, Especially these smart wearables like TWS earphones are used around people, it has challenges and opportunities, so its competition will be more and more intense. 

On the standard TWS headphone field, the development space has entered a relatively saturated state. But whether TWS earphones or smart watches, they all have a very big feature, that is, they are all around people and close to the skin at the same time. There will be a lot of room for development in the health field in the future.