According to Jin10, Wuhan Xinrongguang Technology Co., Ltd. was established recently with registered capital of 13.2 billion yuan and legal representative Sun Peng. Its business scope includes integrated circuit design, integrated circuit chip design and services, integrated circuit chip and product manufacturing, and power electronic component manufacturing. Qichacha's equity breakdown shows the company is jointly held by Wuhan Xinxin Integrated Circuit Co., Ltd., a unit under Yangtze Memory Technologies Holding Co., Ltd., Wuhan Optics Valley Semiconductor Industry Investment Co., Ltd., and China Internet Investment Fund (Limited Partnership).