Shanghai Zhaoxin received investment from Shanghai Integrated Circuit Fund and others, and its registered capital increased by 98.3%

Recently, Shanghai Zhaoxin Integrated Circuit Co., Ltd. (hereinafter referred to as "Shanghai Zhaoxin") has undergone industrial and commercial changes, with new shareholders including Shanghai Xinzhao Consulting Management Partnership (Limited Partnership), Suzhou Yuanhe Houwang Zhaoxin Venture Capital Partnership (Limited Partnership), Shanghai Yunfeng Qita Investment Center (Limited Partnership), Shanghai Pudong Emerging Industries Investment Co., Ltd., Shanghai Jinpu Hexin Enterprise Management Partnership (Limited Partnership), Shanghai Guoxin Investment Development Co., Ltd., Kunzhao (Shenzhen) Enterprise Management Consulting Partnership (Limited Partnership), Gongqingcheng Jinxin Investment Partnership (Limited Partnership), and Shanghai Integrated Circuit Industry Investment Fund Co., Ltd.

Image source: Qichacha

In addition, the registered capital also increased from US$590,000,000 to US$1,169,950,333, an increase of approximately 98.3%.

Shanghai Zhaoxin was founded in 2013. The company has mastered the three core technologies of CPU, GPU and chipset, and has the ability to design and develop the three core chips and related IP. Zhaoxin is headquartered in Shanghai, with R&D centers and branches in Beijing, Shenzhen, Xi'an, Wuhan and other places.

It is reported that in June 2018, its ZX-200 IO expansion chip passed the USB Association Platform Interoperability Lab (PIL) test and certification and was officially included in the USB 3.1 Certified Products list. Zhaoxin thus became the first company in mainland China to independently design and develop this IP and successfully achieve mass production.

In June 2019, Kaixian KX-6000/Kaisheng KH-30000 series processors were officially released with a main frequency of up to 3.0GHz, which was the first to achieve a key breakthrough in the main frequency index of domestic general-purpose processors.