Baiwei Storage (688525.SH) plans to invest 20 million yuan in Niuxin Semiconductor and is committed to solving capacity bottlenecks in China's AI era

Zhitong Finance App News, Baiwei Storage (688525.SH) announced that the company's wholly-owned subsidiary, Hainan Nanbi Computing Technology Co., Ltd., and Xu Linxian, the actual controller of the company and mother of Sun Chengsi, the controlling shareholder, each plan to transfer 380.66 million shares from the shareholders of Niuxin Semiconductor (Shenzhen) Co., Ltd. (“CW Semiconductor”), accounting for 0.8446%. As of the disclosure date of the announcement, the company's related party, National Integrated Circuit Industry Investment Fund Phase II Co., Ltd. (“National Integrated Circuit Fund Phase II”), held 6.7568% of the shares in Niuxin Semiconductor.

According to reports, Niuxin Semiconductor has long focused on the R&D and innovation of high-speed transmission and interconnection technology, and is committed to solving capacity bottlenecks in the AI era in China. Cowson Semiconductor focuses on the research and development of high-speed interconnection technology and provides related overall solutions, using IP as the engine to drive the interconnection of everything. Based on autonomous and controllable core technology, it lays out high-end interface IPs such as SerDes and DDR in mainstream advanced processes. The products are used in data centers, AI, smart cars, consumer electronics and other fields, serving more than 100 customers.