On June 24, information from the Qichacha APP revealed that Guangzhou Xinyunyuan Microelectronics Co., Ltd. has been newly established, boasting a registered capital of 20.785 million yuan. The scope of the company's operations encompasses integrated circuit design, chip design and associated services, as well as the manufacturing of integrated circuits and chips. A closer look at the equity structure indicates that the company is a wholly-owned subsidiary of Xinsiyuan Microelectronics Co., Ltd., which, in turn, is under the ownership of VeriSilicon Holdings.
