Layout of Internet of Things Industry Zhiheng Microelectronics Receives 15 Million Capital Increase of Rishang Group

[Chinese instrument network enterprise weather vane] On December 14, the Sunshang Group issued an evening announcement, saying that the company and Zhiheng (Xiamen) Microelectronics Co., Ltd. (hereinafter referred to as "Zhiheng Microelectronics") signed the "About Zhiheng ( The Capital Increase Agreement of Xiamen) Microelectronics Co., Ltd. intends to use its own capital of RMB 15 million to increase Zhiyong Microelectronics to obtain a 25% equity.

Zhiheng Microelectronics is engaged in the design, production, testing and related technical consulting services of integrated circuit design and intelligent sensors based on integrated circuits; import and export, wholesale and retail of electronic components. As of December 31, 2014, Zhiheng Microelectronics had total assets of RMB 14.18 million and net assets of RMB 9.34 million. In 2014, it had operating income of RMB 8.5 million and net profit of RMB 2.29 million.

It is understood that Zhiheng Microelectronics has mastered various types of CMOS integrated sensors and sensor-specific circuit technology, and has world-leading sensor digital correction and temperature compensation technology, providing various sensors, sensor-specific chips and solutions. Products cover MEMS (micro-electromechanical systems)-based pressure, acceleration, and light, capacitance, magnetic, temperature and other sensor fields.

The capital increase is to further realize the company's industrial transformation and enhance the company's ability to continue operations. With Zhiheng Microelectronics Electronic Technology Platform, it actively embraces the “Internet” to better deploy high-quality strategic projects in the emerging industry of the Internet of Things, which can not only enhance the company’s The market share of products will help customers to increase revenue and reduce expenditure, increase customer stickiness, and have a positive impact on the future development of the company.

The Sunshang Group stated that the increase in capital through the Zhiheng Microelectronics Electronic Technology Platform and the layout of high-quality strategic projects in the IoT emerging industry area will not only increase the market share of the company's products, but also help customers increase revenue, reduce expenditure, and increase customer stickiness. The future development of the company has a positive effect.

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