In addition, Fudan Micro, which has only been established for two years, has no historical burden and is conducive to listing. Since Fudan Micro is a joint-stock company, it does not need to be restructured to go public.
On the second day, Shi Lei represented Fudan Microelectronics alternates to participate in the exchange meeting of the Hong Kong Growth Enterprise Market. Companies alternate to participate.” Shi Lei was impressed. 50 companies have already been set up and asked if I would be the 51st. After the meeting, Director Cai told me that there will be a Hong Kong GEM exchange meeting tomorrow. “The night before the exchange meeting, I went on the radio with Director Cai Minyong, who was in charge of the exchange meeting. In 2000, seeing that Fudan Micro’s funding was about to bottom out, an opportunity appeared.īefore the opening of the Hong Kong Growth Enterprise Market in 2000, an exchange meeting between the Growth Enterprise Market and the Hong Kong Stock Exchange was held in Shanghai. However, the integrated circuit industry is a high-investment industry, and the only more than 6 million yuan when Fudan Micro was established is far from enough.ĭuring that period of time, EDA software, a tool needed for chip design, could only be bought cheaply, test equipment could only be repaired by others who did not use it, and the office environment was also very difficult. In this way, the 12 members of the founding team of Fudan Microelectronics were divided into two or three analog chip project groups to design chips according to market demand. In just one year, this chip sold 2 million units. After studying this chip, according to the characteristics of high noise in the Chinese market, Designed a chip that is more in line with the Chinese market and started selling it.” Shi Lei said.
It happened that the production line of this chip was in Caohejing, Shanghai, and it was also open to the outside world. “At that time, the Philips TEA 1062 chip used in telephones was in great demand. Like most Chinese chip companies, the newly established Fudan Microelectronics also started from import substitution. Started to replace imported chips, raise 100 million Hong Kong dollars at the critical moment of life and death The newly established Fudan Microelectronics started the design of its first chip in a small room of 50 square meters in Fudan University.Īn office location when Fudan Microelectronics was established, the water room of Fudan University Shi Lei served as the managing director of Shanghai Fudan Microelectronics Co., Ltd. With the ambitions of the commanding heights of the microelectronics industry, Shanghai Fudan Microelectronics was established in a courtyard of Fudan University by the Huangpu River.ĭue to insufficient funds, the 12 young people also put out their savings and pooled more than 6 million yuan to set up the first joint-stock company in China’s integrated circuit design industry. Within Fudan Microelectronics, this is dubbed the “5-minute resolution.”Īfter three generations of hard work, in July 1998, 12 outstanding young people with higher education, practical work experience and high visibility in the domestic semiconductor industry gave up the opportunity to go abroad, inspiring the lofty ideal of serving the country, and catching up with the world. Yu Jun, deputy director of the State Key Laboratory of Integrated Circuits and Systems, talked for 5 minutes and reached the intention of establishing Fudan Microelectronics.” “The leaders of the investment company don’t know much about integrated circuits, but they know that the country needs chips and chip talents, so they agreed to invest 3 million yuan.” Shi Lei said, “After getting the investment of 3 million yuan, I went to talk to Fudan University at the time.