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Wuhan Jingce Electronic Group

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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
FoundedApril 20, 2006; 18 years ago (2006-04-20)
FounderPeng Qian
HeadquartersWuhan, Hubei, China
Key people
Peng Qian (Chairman & CEO)
RevenueDecrease CN¥2.43 billion (2023)
Increase CN¥89.47 million (2023)
Total assetsIncrease CN¥9.22 billion (2023)
Total equityIncrease CN¥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 a publicly listed Chinese electronics company. It engages in the development and sale of semiconductor testing equipment, flat-panel detectors and new energy battery systems.

Background

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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 its initial public offering becoming a listed company on the Shenzhen 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 of China Mobile to acquire a 41.93% stake in semiconductor firm Jiangsu Xinsheng Intelligent Technology from the China Integrated Circuit Industry Investment Fund.[4]

References

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  1. ^ "2023 Annual Report" (PDF). Sina.
  2. ^ a b c "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. Retrieved 12 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. Retrieved 12 November 2024.
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