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Wuhan Jingce Electronic Group

From Wikipedia, the free encyclopedia
Chinese electronics company

Wuhan Jingce Electronic Group Co., Ltd.
Jingce
Native name
武汉精测电子集团股份有限公司
Company typePublic
SZSE:300567
IndustrySemiconductors
Electronics
Founded20 April 2006; 19 years ago (2006-04-20)
FounderPeng Qian
HeadquartersWuhan,Hubei,China
Key people
Peng Qian (Chairman & CEO)
RevenueDecreaseCN¥2.43 billion (2023)
IncreaseCN¥89.47 million (2023)
Total assetsIncreaseCN¥9.22 billion (2023)
Total equityIncreaseCN¥4.22 billion (2023)
Number of employees
2,979 (2023)
Websitewww.wuhanjingce.com
Footnotes / references
[1]

Wuhan Jingce Electronic Group (Jingce;Chinese:精测电子;pinyin:Jīngcè Diànzǐ) is apublicly listed Chinese electronics company. It engages in the development and sale ofsemiconductor testing equipment,flat-panel detectors andnew energybattery systems.

Background

[edit]

Jingce was founded in April 2006 by Peng Qian. Peng accidentally discovered during a business trip that graph signal generators, a key component of flat-panel displays were monopolized by Japanese and Korean manufacturers leading to expensive prices. As a result, Jingce focused initially on developing domestic graph signal generators and flat-panel detector related items.[2]

On 22 November 2016, Jingce held itsinitial public offering becoming a listed company on theShenzhen Stock Exchange.[2]

In 2018, Jingce expanded its business lines by entering the semiconductor and new energy fields. As a result, Jingce currently has partnerships with a significant amount of Chinese domestic companies.[2]

In August 2019, Jingce acquired a 61% stake in Wintest, a listed Japanese chip testing company.[3]

In September 2024, Jingce formed a consortium with an investment fund ofChina Mobile to acquire a 41.93% stake in semiconductor firm Jiangsu Xinsheng Intelligent Technology from theChina Integrated Circuit Industry Investment Fund.[4]

In December 2024, Jingce was targeted in a new round of USexport controls and added to theUnited States Department of Commerce'sEntity List.[5]

References

[edit]
  1. ^"2023 Annual Report"(PDF).Sina.
  2. ^abc"精测电子副总经理刘荣华—— "单项冠军"竞逐全球检测赛道".Hubei Government. 23 July 2022.
  3. ^Zhang, Yushuo (1 August 2019)."China's Jingce Electronic to Spend USD23.8 Million for 61% of Japan's Wintest".Yicai Global. Retrieved12 November 2024.
  4. ^"大基金退出,精测电子拟收购芯盛智能11.93%股权".Securities Times. 23 September 2024. Retrieved12 November 2024.
  5. ^Chen, Charlene (3 December 2024)."New US ban imposes 'large yard, high fence' on Chinese equipment, materials, EDA".DIGITIMES. Retrieved4 December 2024.

External links

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