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| Another storage chip company in Shanghai has been acquired!！ |
| 2025/12/27 14:00:16 |
英文内容Recently, according to Qichacha, Shanghai Yichunxin Semiconductor Co., Ltd. (hereinafter referred to as "Yichunxin") has undergone industrial and commercial changes. The original shareholders, Changzhi Jinbole Automobile Trade and Auto Parts City Co., Ltd. and Hao Qingshan, have withdrawn, and Shengbang shares have been added as shareholders, holding 77.54% of the shares. At the same time, the legal representative has been changed to Xu Qianjiang.
Established in 2018, Yichuanxin is headquartered in Zhangjiang Science City, Shanghai. It is a chip design enterprise dedicated to the research and sales of high-performance, high reliability non-volatile memory, high-quality analog and mixed signal products. Its core team has over 20 years of experience in the semiconductor industry in China and the United States, with products covering consumer electronics, industrial control, automotive electronics, and other fields. Some automotive grade products have passed AEC-Q100 certification.
As a technology driven company, Shengbang Groups core competitiveness lies in its vast product portfolio and precise grasp of market trends. The announcement shows that the company currently has over 5900 independently developed products available for sale, covering 34 product categories, which can meet the diversified needs of global customers.
While consolidating its traditional advantages, Shengbang Group is actively tilting its resources towards high growth emerging application areas. The company clearly stated in the announcement that it is continuously closely monitoring the development and changes of markets such as artificial intelligence, robotics, new energy vehicles, photovoltaic energy storage, and intelligent manufacturing, and has already made technological layout and product reserves in advance.
At present, these forward-looking layouts have shown initial results. Shengbang Corporation revealed that its products have achieved good sales performance in fields such as automotive electronics, artificial intelligence, robotics, new energy, next-generation mobile communication, and the Internet of Things, successfully expanding its high-quality customer base. Especially in high threshold markets such as electric vehicles and industrial controls, the companys technological strength and market response speed have been recognized by customers.
It is worth noting that Shengbang Group has submitted an application to the Hong Kong Stock Exchange Limited for the public issuance of overseas listed foreign shares (H shares) and listing on the main board of the Hong Kong Stock Exchange on September 28, 2025, and published the application materials on the Hong Kong Stock Exchange website on the same day.
In the first half of 2025, Shengbang Group achieved a revenue of 1.819 billion yuan, a year-on-year increase of 15.37%; The net profit attributable to the shareholders of the parent company was 201 million yuan, a year-on-year increase of 12.42%. In a complex market environment, the company has maintained double-digit growth in revenue and profit. Yichangxins revenue for 2024 is approximately 120 million yuan, with a net profit of approximately 15 million yuan (unaudited), which is relatively small in scale.
Market analysis believes that the acquisition of Yicun Xin by Shengbang Group is an important measure for it to deepen its layout in the automotive and industrial markets, and improve its product matrix. The collaboration between both parties in technology, customers, and supply chain is expected to enhance overall competitiveness and accelerate the process of domestic substitution. Although the short-term financial contribution is limited, in the long run, this acquisition is in line with Shengbangs strategic direction of transforming from "consumer electronics" to "high-end manufacturing".
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