Canxin Corporation establishes integrated circuit design subsidiary.

According to the QiChaCha APP, recently, Beijing Can Chen Integrated Circuit Design Co., Ltd. was established with a registered capital of 10 million yuan. Its business scope includes integrated circuit design; integrated circuit chip design and services; integrated circuit sales; and sales of integrated circuit chips and products. The equity penetration of QiChaCha shows that the company is fully owned by Canxin Holdings.