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On September 4, data from the Qichacha APP revealed that Wuhan Xinrongguang Technology Co., Ltd. was recently established, with Sun Peng serving as its legal representative and a registered capital of 13.2 billion yuan. The scope of the company's business encompasses integrated circuit design, chip design and services, chip and product manufacturing, along with the production of power electronic components. According to Qichacha's equity penetration details, the company is a collaborative venture among Wuhan Xinxin Integrated Circuits Manufacturing Co., Ltd., Wuhan Optics Valley Semiconductor Industry Investment Co., Ltd., China Internet Investment Fund (Limited Partnership), and several other firms, all of which fall under the umbrella of Yangtze Memory Technologies Co., Ltd.
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