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Why is Xingke Jin Peng a state-owned enterprise?

This enterprise is not a state-owned enterprise.

Xingke Jin Peng is not a state-owned enterprise. Xingke Jin Peng is a private limited liability company registered in Singapore, and its shareholding structure does not mention any state-owned components. 20 15 changdian technology has achieved great-leap-forward development through the acquisition of xingke Jin Peng, but this has not changed the ownership nature of xingke Jin Peng itself.

In the process of acquiring Xingke Jin Peng, Changdian Technology was supported by the National Integrated Circuit Industry Fund, but this does not mean that Xingke Jin Peng has become a state-owned enterprise. In fact, Changdian Technology, in conjunction with the National Integrated Circuit Industry Fund and Core Semiconductor, set up a three-tier investor structure for acquisition.