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Wuhan Jingce Electronic Group
Wuhan Jingce Electronic Group (Jingce; Chinese: 精测电子; pinyin: Jīngcè Diànzǐ) is a publicly listed Chinese electronics company. It engages in the development and sale of semiconductor testing equipment, flat-panel detectors and new energy battery systems. BackgroundJingce was founded in April 2006 by Peng Qian. Peng accidentally discovered during a business trip that graph signal generators, a key component of flat-panel displays were monopolized by Japanese and Korean manufacturers leading to expensive prices. As a result, Jingce focused initially on developing domestic graph signal generators and flat-panel detector related items.[2] On 22 November 2016, Jingce held its initial public offering becoming a listed company on the Shenzhen Stock Exchange.[2] In 2018, Jingce expanded its business lines by entering the semiconductor and new energy fields. As a result, Jingce currently has partnerships with a significant amount of Chinese domestic companies.[2] In August 2019, Jingce acquired a 61% stake in Wintest, a listed Japanese chip testing company.[3] In September 2024, Jingce formed a consortium with an investment fund of China Mobile to acquire a 41.93% stake in semiconductor firm Jiangsu Xinsheng Intelligent Technology from the China Integrated Circuit Industry Investment Fund.[4] In December 2024, Jingce was targeted in a new round of US export controls and added to the United States Department of Commerce's Entity List.[5] References
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