According to the company’s investigation, on November 3, Shanghai Nanxin semiconductor Technology Co., Ltd. had an industrial and commercial change, adding a new shareholder Hubei Xiaomi Changjiang Industrial Fund Partnership (Limited Partnership) (holding 1.76%), adding Sequoia Capital, OPPO ( 4.4%), Intel Asia Pacific and other companies.
The company’s registered capital increased from about 4.38 million to about 5.54 million, an increase of 26.26%. In addition, Jiangsu Zimi Electronic Technology Co., Ltd. invested by Xiaomi is also among the company’s shareholders, holding 2.08% of the shares.
According to the company’s information, Nanxin Semiconductor’s shareholders also include the favor of well-known enterprises and institutions such as Shanghai Juyuan Juxin and Shanghai Integrated Circuit Industry Investment Fund.
According to the data, Shanghai Nanxin Semiconductor Technology Co., Ltd. was established in Zhangjiang High-tech Park, Pudong, Shanghai in 2015, and is engaged in the research, design, development and sales of integrated circuit chips.
According to its official website, the company has launched China’s first full range of buck-boost battery power solutions, competing with established companies such as Linear Technology and TI in this field, becoming the pride of China’s core products. At present, Nanxin’s chips have successfully entered well-known manufacturers such as Huawei, Xiaomi, Haiyi and Xinwangda.