Huahong Group invests in establishing a semiconductor company.

According to the enterprise search app, recently, Shanghai Huayaoxin Semiconductor Co., Ltd. was established, with Zhou Limin as the legal representative and a registered capital of 1 billion yuan. Its business scope includes: integrated circuit manufacturing; integrated circuit chip and product manufacturing; integrated circuit sales; integrated circuit design; integrated circuit chip design and services. The equity penetration of the company shown by the enterprise search app indicates that the company is jointly held by Shanghai Huahong Limited and its subsidiary Shanghai Hualibo Enterprise Management Partnership Enterprise.