Wuhan Jingce Electronic Group
 | |
| Jingce | |
Native name | 武汉精测电子集团股份有限公司 |
| Company type | Public |
| SZSE: 300567 | |
| Industry | Semiconductors Electronics |
| Founded | April 20, 2006 |
| Founder | Peng Qian |
| Headquarters | Wuhan, Hubei, China |
Key people | Peng Qian (Chairman & CEO) |
| Revenue |  CN¥2.43 billion (2023) |
 CN¥89.47 million (2023) | |
| Total assets | CN¥9.22 billion (2023) |
| Total equity | CN¥4.22 billion (2023) |
Number of employees | 2,979 (2023) |
| Website | www |
| 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
[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 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]
In December 2024, Jingce was targeted in a new round of US export controls and added to the United States Department of Commerce's Entity List.[5]
References
[edit]- ^ "2023 Annual Report" (PDF). Sina.
- ^ 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.
- ^ 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.
- ^ "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.
- ^ Chen, Charlene (3 December 2024). "New US ban imposes 'large yard, high fence' on Chinese equipment, materials, EDA". DIGITIMES. Retrieved 4 December 2024.
