According to the Tianyancha App, recently, Corechip Technology (Shanghai) Co., Ltd. underwent commercial changes, adding China State-owned Enterprise Structural Adjustment Fund Phase II Co., Ltd., Shanghai Chenghua Songxin Venture Capital Partnership (Limited Partnership), and Yuyao Yangming Equity Investment Fund Co., Ltd. as shareholders. The registered capital increased from about RMB 8.9909 million to about RMB 10.4972 million. At the same time, many directors of the company changed. This chip technology (Shanghai) Co., Ltd. was established in October 2021. Its legal representative is Sun Wenjian. Its business scope includes technical services, technology development, technical consulting, technical exchange, technology transfer, technology promotion, network technology services, integrated circuit design, software development, etc. in the fields of integrated circuit technology, electronic technology, communication technology, computer software and hardware technology. According to shareholder information, the company's shareholders also include NIO Capital, Lenovo, and Qiming Venture Capital. According to the official website, this chip technology is a technology company focusing on developing intelligent CPU chips and energy-efficient computing power solutions.