Is Qingdao Xinen now a state-owned enterprise?

Qingdao Xinen is now a state-owned enterprise.

Xinen (Qingdao) Integrated Circuit Co., Ltd. is a subsidiary of Qingdao Haifa State-owned Capital Investment and Operation Group Co., Ltd. Qingdao Haifa State-owned Capital Investment and Operation Group Co., Ltd. is approved by the Qingdao Municipal Party Committee and Municipal Government. The main function of a wholly state-owned enterprise established by the municipal government is a market-oriented operation platform for state-owned capital. It carries out equity investment and capital operations around the development and construction of functional parks, accelerates industrial agglomeration, and promotes industry-city integration.

Cinen (Qingdao) Integrated Circuit Co., Ltd. was established on April 18, 2018. The company’s business address is located at No. 1088 Shanwanghe Road, Huangdao District, Qingdao City, Shandong Province, China.

The company focuses on the production of integrated circuits and discrete device products. It has certain production capabilities and can meet the diversified needs of customers. At the same time, it is guided by market demand and continues to expand its products for consumer electronics, industrial control, and materials. services in different application fields such as networking, thereby promoting the development of society and industry. The company always adheres to the concept of "customer first, integrity, results-oriented, and pursuit of excellence", and constantly develops more diversified innovative products to win with customers.

The development of Qingdao Xinen

Xinen (Qingdao) Integrated Circuit Co., Ltd. specializes in the design and manufacturing of integrated circuits, as well as technology research and development, industrial management and investment in the semiconductor integrated circuit industry Operations etc. The company's mission is to "make China's chip industry independent and controllable, achieve long-term development and profitability, contribute to local prosperity and industrial agglomeration, achieve common interests for customers and partners, and create a sustainable growth, comfortable and safe environment for employees." .

Cinen (Qingdao) Integrated Circuit Co., Ltd. is composed of world-class integrated circuit technicians and management talents, including China's top micro-nano electronics R&D and manufacturing team led by Dr. Zhang Rujing, the founder of many domestic semiconductor industry companies. . At present, the company has more than 1,400 employees, more than 300 of whom are industry veterans, and the average age of all employees is 33 years old. The management members have all worked for well-known semiconductor companies at home and abroad.

The team’s key employees have published more than 300 papers in international journals and magazines, and more than 2,000 semiconductor-related patents, including multiple basic semiconductor patents. As of December 2021, Xinen (Qingdao) has submitted 308 patent applications, and 275 of them have received acceptance numbers.

Reference for the above content: Official website of Xien (Qingdao) Integrated Circuit Co., Ltd. - Company Profile