According to the Shenzhen Special Zone News, on August 12, Shenzhen State-owned Enterprise Major Industrial Investment Group Co., Ltd. (hereinafter referred to as "Reinvestment Group") completed all legal procedures for the restructuring and change of Shenzhen Founder Microelectronics Co., Ltd. (hereinafter referred to as "Founder Microelectronics") and officially entered the business.

According to reports, at the board meeting held that day, the new board members of Founder Microelectronics were officially unveiled. The new chairman Lu Bo said that he should conscientiously perform the duties of the board of directors, practice hard, expand the market, and face difficulties, inject new vitality into the development of the enterprise, and lead Founder Microelectronics towards a better tomorrow.

At the meeting, Dai Jun, chairman and general manager of Chongqing Investment Group, demanded that we must resolutely implement the decisions and arrangements of the municipal party committee and government, adhere to strategic focus to improve development positioning, adhere to market-oriented operations to accelerate transformation and upgrading, and adhere to the overall situation to ensure a smooth transition.Accelerate the establishment of a leading enterprise in the field of third-generation semiconductor chip manufacturing and help Shenzhen build a third-generation semiconductor innovation highland.

On April 30 this year, Ping An of China issued an announcement on joining hands with Zhuhai Huafa and Shenzhen Municipal State-owned Assets to reorganize Peking University Founder Group. Shenzhen Shenchao Technology Investment Co., Ltd. is a wholly-owned subsidiary of Chongtou Group. As one of the investment consortiums, it participated in the reorganization of Peking University Founder Group and independently acquired all the rights and interests of Founder Microelectronics held by Peking University Founder Group. Shenchao Technology is the only investor to acquire all the equity interests in Founder Microelectronics held by Peking University Founder Group.

Founder Microelectronics was established in December 2003 and is committed to promoting the industrialization of power management chips and new power electronic devices. Official news shows that Founder Microelectronics has two 6-inch wafer production lines with an annual production capacity of 600,000 wafers. Since 2015, the R&D team has taken the lead in entering the emerging field of wide bandgap semiconductors. In 2018, Founder Microelectronics became the first domestic manufacturer to successfully develop and mass-produce 6-inch SiC devices. 13 series of products have entered commercial mature application fields, and product performance has reached the international advanced level.

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