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ICG vs IPWR

Intchains Group Limited American Depositary Shares and Ideal Power Inc.

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Intchains Group Limited American Depositary Shares

Intchains Group Limited engages in the provision of altcoin mining products in the People's Republic of China. It focuses on designing and sales of application-specific integrated circuit chips for blockchain applications. The company also offers Xihe Platform, which integrates self-developed blockchain proof-of-work algorithms and related cryptographic algorithms, as well as systematic data analysis process. In addition, it offers ancillary software, hardware, and other products. It serves distributors. Intchains Group Limited was founded in 2017 and is based in Pudong, China.

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Ideal Power Inc.

Ideal Power Inc. focuses on the development and commercialization of its bidirectional bipolar junction TRANsistor solid-state switch technology. It offers SymCool Power Module designed to meet low conduction loss needs of the solid-state circuit breaker market. The company serves electric and hybrid electric vehicles, electric vehicle charging, renewable energy and energy storage system power converters, uninterruptible power supplies for data centers, industrial motor drives, solid-state circuit breakers, distribution and transmission switches and controls, and other industrial and military markets. The company was formerly known as Ideal Power Converters Inc. and changed its name to Ideal Power Inc. in July 2013. The company was incorporated in 2007 and is headquartered in Austin, Texas.

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