On July 23, information from the Qichacha APP revealed that Changrun Xinwei Microsystem (Shanghai) Co., Ltd. was officially established on July 21, boasting a substantial registered capital of 4 billion yuan. Its business scope is extensive, encompassing the sales of integrated circuits, chips, and related products, along with chip design and services, as well as the sales of power electronic components. Notably, JCET holds an indirect 100% stake in this newly formed company.
