InnoGrit Technology Co., a fabless semiconductor chip design company, has completed its IPO guidance process, according to the China Securities Regulatory Commission's website. The company, along with its advisor Guotai Haitong, submitted the completion report to the Shanghai Securities Regulatory Bureau. InnoGrit, which filed for guidance in December 2024, specializes in designing and supplying high-performance SSD controller chips. Its products are widely used in cloud computing, artificial intelligence, data center management, and smart driving applications.