A contract for the design and manufacturing of PD protocol chips with a total investment of US$100 million and a monthly output of 20 million pieces was signed

On February 2, the Management Committee of Jiangsu Zhenjiang National High-tech Zone and Jiangsu Ruicheng Xinke Semiconductor Co., Ltd. held a signing ceremony for the "Monthly Production of 20 Million PD Protocol Chip Design and Manufacturing Project".

According to the news from Zhenjiang National Hi-tech Zone, the "Monthly Output of 20 Million PD Protocol Chip Design and Manufacturing Project" signed this time has a total investment of US$100 million and a registered capital of US$20 million. It will develop and produce PD protocol chips with proprietary technology. After the first phase of the project reaches full production, it will be able to form a monthly production capacity of 20 million chips, with an annual output value of 650 million yuan.

Tianyancha shows that Jiangsu Ruicheng Xinke Semiconductor Co., Ltd. was established on February 1, 2021, and its shareholders include Yuan Guangquan and Wang Shancheng. The company's business scope covers: integrated circuit design; integrated circuit chip design and services; integrated circuit chip and product sales; integrated circuit sales; integrated circuit chip and product manufacturing, etc.