Ziguang Guowei’s public issuance of convertible bonds to raise investment projects, fully invest in automotive security chips

On October 10th, a few days ago, Ziguang Guowei announced that in order to enhance its core competitiveness and enhance its profitability, the company plans to publicly issue convertible corporate bonds (hereinafter referred to as “convertible bonds”) to raise funds of no more than 1.5 billion yuan. The net proceeds after deducting the issuance expenses were all invested in the R&D and industrialization projects of new high-end security series chips, the R&D and industrialization projects of on-board controller chips and supplementary working capital.

With the rapid development of digitization and technology, the market for security chips in emerging markets such as the Internet of Things, 5G, cloud computing, big data, and industrial Internet has further expanded. In order to meet the growing market demand, Ziguang Guowei plans to develop new high-end security chips R&D and industrialization projects. This project is a research and development work based on the accumulation of security chip technology, which can greatly improve the algorithm performance of the chip, provide high-performance computing capabilities, improve product performance and security, and ensure technological leadership while further enhancing the company’s overall competitiveness. Advantage.

It is understood that the security chip is a device that can independently generate, encrypt and decrypt keys. It has an independent processor and storage unit inside, which can store keys and feature data, and provide encryption and security authentication services. Security chips have functions such as data storage, transmission, and processing, and are widely used in diverse application scenarios, including consumer electronics, communications, and secure storage and encryption.

Ziguang Guowei said that the company’s main business is the design and sales of integrated circuit chips. This public offering of convertible bonds will focus on the company’s main business, which will further improve the company’s profitability, expand the breadth and depth of the company’s existing business, enhance the company’s core competitiveness, and continue to promote the realization of the company’s strategic goals.

In addition, it is worth mentioning that the rapid development of automotive electronics has led to a substantial increase in the demand for various semiconductor chips such as power devices, controllers, sensors and memories. Among them, the multi-core controller chip of the vehicle controller is mainly used in the field of vehicle control. It has the functions of improving the dynamic performance, safety performance and economy of the vehicle. It is the core component of the vehicle controller, and is responsible for data exchange, safety management, driver Tasks of intent interpretation and energy flow management.At the same time, the multi-core controller chip of the in-vehicle controller improves the reliability, high performance, high performance and reliability of the in-vehicle controller chip through key technologies such as multi-core processing integrated architecture design and optimization technology, anti-temperature, humidity, noise interference technology and ESD full-chip protection circuit design. Safety and Security