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Native name | 海光信息技术股份有限公司 |
|---|---|
| Formerly | Tianjin Haiguang Advanced Technology Investment |
| Company type | Public |
| SSE:688041 CSI A100 | |
| Industry | Semiconductors |
| Founded | 24 October 2014; 11 years ago (2014-10-24) |
| Headquarters | Beijing,China |
Key people | Meng Xiantang (Chairman) Sha Chaoqun (CEO) |
| Revenue |  CN¥6.01 billion (2023) |
| CN¥1.70 billion (2023) | |
| Total assets | CN¥22.90 billion (2023) |
| Total equity | CN¥20.32 billion (2023) |
| Owner | Sugon (27.96%) |
Number of employees | 1,790 (2023) |
| Website | www |
| Footnotes / references [1] | |
Hygon Information Technology (also known as Hygon and HiGon;Chinese:海光信息;pinyin:Hǎiguāng Xìnxī) is apublicly listed Chinesefabless semiconductor company headquartered in Beijing.
The company mainly producesIntelx86 compatiblecentral processing units (CPUs) as well as domesticDeep Learning Processors. ItsR&D expenses are nearly 70% of sales.[2]
The company was originally established in October 2014 under the name Tianjin Haiguang Advanced Technology Investment (THATIC) and was registered inTianjin. Later on it changed its name to Hygon.[2]
In 2016, based on theAMD–Chinese joint venture agreement, the company andAMD formed twojoint ventures (JVs), Chengdu Haiguang Microelectronics (HM) and Chengdu Haiguang Integrated Circuit Design (HICD). HMC was 51% owned by AMD and 49% by Hygon while HICD was 30% owned by AMD 70% by Hygon. HM works with AMD for design andGlobalFoundries for manufacturing while HICD works with HM to add co-design elements and packaging, then selling the silicon to China. The end goal was to provide China a local version of AMD'sZen 1 CPUs that would be used only in its domestic market. Under the licensing agreement, AMD would receive $293 million as part of the licensing agreement.[3][4][5][6]
The first microprocessor created from the JV partnership was theHygon Dhyanasystem on a chip which went into the Chinese market in 2018.[4]
On 24 June 2019, Hygon as well as its related entities including the joint ventures were added to theBureau of Industry and SecurityEntity List. As a result, AMD could no longer license any additionalintellectual property (IP) to the JVs although Hygon still had access to the original IP it licensed and could continue to manage it by itself. However the restriction also meant HM could no longer order silicon fromGlobalFoundries which would hamper the process.[2][4][6]
On 12 August 2022, Hygon held itsinitial public offering (IPO) on theShanghai Stock Exchange STAR Market. On its debut, the price started at 36 yuan and closed 67% higher at 60.10 yuan. Raising 10.6 billion yuan (US$1.6 billion), it was one of the largest IPOs in China for that year.[2][7]
In February 2024,Bloomberg News reported that Hygon was one of the top investment picks amongWall Street firms such asBarclays andSanford C. Bernstein. Since the trade restrictions came into effect, Hygon had managed to develop its own products.[8]
In May 2025, it was announced that Hygon would merge withSugon.[9] On 10 December 2025, it was reported that the deal was called off.[10]
 Constituents of theSSE 50 Index (as of 23 February 2024) | |
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| Constituents of theFTSE China A50 Index | |
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