Sino Wealth Electronic Ltd.

Sino Wealth Electronic Ltd. is a fabless integrated circuit (IC) design company listed on the Shenzhen Growth Enterprises Market since June 2012. Headquartered in Shanghai, the company operates with wholly owned subsidiaries in Xi’an and Hong Kong, as well as a branch office in Shenzhen. Sino Wealth Electronic emphasizes research and development efficacy, operational performance, and the importance of stockholder equity, positioning itself as a talent-oriented enterprise in the manufacturing sector. The company's primary business involves the design and sales of chips under its own brand, with a focus on system microcontrollers (MCUs) that are widely used in various applications, including home appliances, smart meters, and IoT devices. Sino Wealth Electronic is recognized as the largest domestic supplier of master control MCUs in the home appliance industry, benefiting from strong market demand and supportive national policies for IC localization. Additionally, its subsidiary, Chip Wealth Technology Ltd., specializes in display driver ICs. The company maintains a commitment to independent R&D and has secured numerous patents, enhancing its competitive edge in technological innovation and product quality.

Talent advantage: The IC design industry is a knowledge-intensive industry. The key to enterprise development is talent. The company’s management has established a professional manager system, and the company’s R&D personnel are mostly trained by itself. After years of development, the company has built a professional team of R&D talents, which has made great contributions to the development of this company. Its perfect talent recruitment and training mechanism will also continue to enhance its reserve of talents. Market and close–to-customer advantages: The company is the largest domestic IC supplier ofMCU for home appliance, as China has developed into the world’s largest production base of home appliances and electronics with national policies in active support of IC localization. The company’s market share in the field of home appliance continues to grow. R&D and innovation advantages: The company has accumulatively obtained a hundreds of domestic and foreign patents for invention and over a hundred registered layout certificates of ICs. Each year, the company invests a great amount of research and development expense to concentrate on technological innovation according to market demandsand enhance its strength of independent development and products commercialization, which are conducive to improving its core competitiveness.