integrated circuits

On December 12, the Shaanxi Provincial Government held a press conference to outline its ambitious plans for advancing the semiconductor and integrated circuit (IC) industry. Focused on five key directions, these initiatives aim to establish Shaanxi as a national leader in semiconductor innovation and production.

On December 9th, Innoscience (Suzhou) Technology Co., Ltd. ("Innoscience" or "the Company") successfully passed the hearing with the Hong Kong Stock Exchange (HKEX). The IPO is being jointly sponsored by China International Capital Corporation (CICC) and CMB International.

The Chinese semiconductor sector is experiencing a surge in new company formations across key areas such as chip design, manufacturing, equipment, packaging, and materials. This wave of startups is not only supported by significant investments from major companies like Zhongwei, Yangjie Technology, and Dinglong Co., but also bolstered by the injection of capital from advanced manufacturing industry investment funds. This development marks an important step in improving the supply chain and fostering technological independence in China’s semiconductor industry.

On November 27, Shenzhen released the "Action Plan for Promoting High-Quality Mergers and Acquisitions (2025-2027)" (Draft for Public Comment), which places special emphasis on industries like integrated circuits (IC). This comprehensive plan introduces 14 specific measures addressing assets, financing, support services, talent cultivation, and risk management, marking the first full disclosure of regional M&A policies since the "Six M&A Measures" were introduced.