On October 29, information sourced from the Tianyancha App revealed that both Wuhan Archimedes Semiconductor Co., Ltd. and Xinciyuan Semiconductor (Hangzhou) Co., Ltd. have recently undergone industrial and commercial updates. Notably, Hanxing Venture Capital Co., Ltd. has been introduced as a new shareholder for both entities. In addition to this, Wuhan Archimedes Semiconductor Co., Ltd. has also welcomed Contemporary Amperex Technology Co., Limited (CATL) as a fresh shareholder. Meanwhile, Xinciyuan Semiconductor (Hangzhou) Co., Ltd. has seen its registered capital rise to approximately 1.3202 million yuan.
It's worth mentioning that Hanxing Venture Capital Co., Ltd. is a wholly-owned subsidiary of Xiaomi Technology. Presently, Hanxing Venture Capital holds a 2% stake in Wuhan Archimedes and a 4.014% stake in Xinciyuan. On the other hand, CATL has acquired a 4% stake in Wuhan Archimedes. The business scope of these two invested companies encompasses integrated circuit design and chip design services, indicating their strategic importance in the tech industry.
