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Meng Xiantang, Chairman of Hygon, Steps Down Due to Retirement
2 day ago /
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Author：小编
Meng Xiantang, the Chairman of Hygon, has stepped down from his position due to retirement. Having served at the National Development and Reform Commission for 14 years prior, the 63-year-old joined Hygon in 2018. His resignation does not affect the smooth functioning of the company's board of directors. Under Meng's leadership, Hygon achieved a significant milestone by listing on the STAR Market, reaching a market valuation of over 340 billion yuan, which positioned it at the top of the A-share chip design sector. In 2024, the company reported a revenue of 9.152 billion yuan, marking a year-on-year growth of 52.40%, while its net profit attributable to shareholders stood at 1.931 billion yuan, reflecting a year-on-year increase of 52.87%.
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