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Wuxi firm NST listed on New Third Board

Updated: 2016-08-15

The Wuxi-based firm NST Technology Ltd debuted on the National Equities Exchange and Quotations (NEEQ), also known as the New Third Board, a pilot national share transfer system for small and medium-sized enterprises (SME), on July 29, 2016, according to the National SME share transfer system.

NST is a technology company specializing in designing semiconductor integrated circuits. Founded in 2006, it has developed its market in Shenzhen and has two research centers in Wuxi and Shanghai.

Headquartered in the iPark of Wuxi National Hi-tech District, NST brought in hi-tech equipment to establish its first semiconductor package test factory in 2012. It has also recruited large numbers of top professionals from world-class chip manufacturing firms.

Having succeeded in several areas of chip design and development, NST is now working to develop power drive chips, radio frequency (RF) chips and MCU (micro control unit) chips.

With its advantages in technology and customer service, NST is set to make waves in the integrated circuit industry throughout Asia.

So far, there are 7,000 companies nationwide listed on the NEEQ, with 49 coming from Wuxi National Hi-tech District, ranking it sixth in hi-tech areas nationwide.

NEEQ helps unlisted companies transfer shares and provides them with services related to financing and acquisitions, which facilitates development of a multilevel capital market.

The former Wuxi New District, now known as Wuxi Xinwu district or Wuxi National Hi-tech district, was founded in 1992 and underwent administrative changes in 1995, 2002 and 2005.

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