| CR Micro | |
Native name | 华润微电子有限公司 |
| Formerly | CSMC Technologies |
| Company type | Public;State-owned enterprise |
| SSE:688396 | |
| Industry | Semiconductors |
| Predecessor | Wuxi Huajing Electronics |
| Founded | 28 January 2003; 22 years ago (2003-01-28) |
| Headquarters | Wuxi,Jiangsu, China |
Key people | Chen Xiaojun (chairman) Li Hong (CEO) |
| Revenue | |
| Total assets | |
| Total equity | |
Number of employees | 10,249 (2023) |
| Parent | China Resources |
| Website | www |
| Footnotes / references [1] | |
China Resources Microelectronics (CRMicro;Chinese:华润微;pinyin:Huárùn Wēi) is a partiallystate-ownedpublicly listed Chinesesemiconductor company headquartered inWuxi,Jiangsu. It is the largestintegrated device manufacturer in China.
CR Micro is a subsidiary ofChina Resources.
The origins of CR Micro can be traced to Wuxi Huajing Electronics, astate-owned semiconductor plan in Wuxi. In September 2002 it was acquired by China Resources and transferred to its subsidiary, China Resources Logic (nowChina Resources Gas).[2] It was renamed to Wuxi China Resources Microelectronics.[3]
In May 2006, China Resources Logic became the controlling shareholder of CSMC Technologies, another semiconductor company that was listed on theHong Kong Stock Exchange with the ticker '597'.[4] In November 2007, China Resources Logic sold its entire semiconductor business to CSMC Technologies. This was to consolidate the semiconductor business.[3][5] In March 2008, CSMC Technologies changed its name to CR Micro.[6]
In July 2011, it was reported that China Resources was considering taking CR Micro private viabuyout.[7] Later that year, it delisted from the Hong Kong Stock Exchange.[8]
In February 2020, CR Micro listed on the Shanghai Stock Exchange STAR Market making it the first Red chip company to be listed on the Shanghai Stock Exchange.[9]
In August 2023, CR Micro approved a plan for its Shenzhen subsidiary, Runpeng Semiconductors to sell shares to several investors such as theChina Integrated Circuit Industry Investment Fund. The aim was to build a 12-inch wafer foundry inShenzhen.[10]
In March 2024, CR Micro acquired a 22.5% stake inJCET making it the controlling shareholder.[11]