Wuhan Jingce Electronic Group
{{Short description|Chinese electronics company}}
{{Use dmy dates|date=November 2024}}
{{Infobox company
| name = Wuhan Jingce Electronic Group Co., Ltd.
| native_name = 武汉精测电子集团股份有限公司
| logo = Wuhan Jingce Electronic Group.png
| trading_name = Jingce
| type = Public
| traded_as = {{Szse|300567}}
| foundation = {{start date and age|2006|04|20}}
| location = Wuhan, Hubei, China
| founder = Peng Qian
| key_people = Peng Qian (Chairman & CEO)
| revenue = {{Decrease}} {{CNY|link=yes|2.43 billion}} (2023)
| net_income = {{Increase}} {{CNY|link=yes|89.47 million}} (2023)
| assets = {{Increase}} {{CNY|link=yes|9.22 billion}} (2023)
| equity = {{Increase}} {{CNY|link=yes|4.22 billion}} (2023)
| num_employees = 2,979 (2023)
| industry = Semiconductors
Electronics
| homepage = {{URL|www.wuhanjingce.com}}
}}
Wuhan Jingce Electronic Group (Jingce; {{Zh|c=|p=Jīngcè Diànzǐ|s=精测电子}}) 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.
Background
Jingce 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.{{Cite web |date=23 July 2022 |title=精测电子副总经理刘荣华—— "单项冠军"竞逐全球检测赛道 |url=https://www.hubei.gov.cn/hbfb/rdgz/202207/t20220723_4232639.shtml |website=Hubei Government}}
On 22 November 2016, Jingce held its initial public offering becoming a listed company on the Shenzhen Stock Exchange.
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.
In August 2019, Jingce acquired a 61% stake in Wintest, a listed Japanese chip testing company.{{Cite web |last=Zhang |first=Yushuo |date=1 August 2019 |title=China's Jingce Electronic to Spend USD23.8 Million for 61% of Japan's Wintest |url=https://www.yicaiglobal.com/news/china-jingce-electronic-to-spend-usd238-million-for-61-of-japan-wintest |access-date=12 November 2024 |website=Yicai Global |language=en}}
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.{{Cite web |date=23 September 2024 |title=大基金退出，精测电子拟收购芯盛智能11.93%股权 |url=https://stcn.com/article/detail/1328364.html |access-date=12 November 2024 |website=Securities Times}}
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.{{Cite web |last=Chen |first=Charlene |date=2024-12-03 |title=New US ban imposes 'large yard, high fence' on Chinese equipment, materials, EDA |url=https://www.digitimes.com/news/a20241203PD220/entity-list-china-export-restrictions-eda-equipment-materials.html |access-date=2024-12-04 |website=DIGITIMES |language=en}}
References
{{Reflist}}
External links
- {{Official website|http://www.wuhanjingce.com}}
{{Electronics industry in China}}
Category:2006 establishments in China
Category:2016 initial public offerings
Category:Companies based in Wuhan
Category:Companies listed on the Shenzhen Stock Exchange
Category:Electronics companies established in 2006