According to local media reports, Kungao New Core Microelectronics (Jiangsu) has made a recent industrial change, adding Guangdong Guangqi Ruikun Venture Investment Partnership (Limited Partnership) under Guangdong's (02238.HK) as shareholders. At the same time, the registered capital of Kungao New Core increased from approximately RMB 15.7332 million (below) to approximately RMB 16.2577 million.
KUNGAO NEW CORE MICROELECTRONICS (JIANGSU) WAS ESTABLISHED IN EARLY 2019, WITH XU LINGYUN AS ITS LEGAL REPRESENTATIVE. Business scope includes commercial password product import and export, AI based software development, information system integration services, etc. According to public information, the company is a chip designer for an autonomous controllable number of integrated modules. (js/k)
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