Over 39 billion! Shanghai state-owned assets establish an integrated circuit company.

On November 24, 2025, Shanghai Dongfang Xingang Integrated Circuit Co., Ltd. was registered and established (with a registered capital of 39.215 billion yuan, under the actual control of the Management Committee of the Lingang New Area).

According to Tianyancha, Shanghai Dongfang Xingang Integrated Circuit Co., Ltd. was officially registered and established on November 24, 2025, with a registered capital of 39.215 billion yuan. The legal representative is Zhang Jizhi, and the company’s registered address is No. 1 Shengang Avenue, Lingang New Area, China (Shanghai) Pilot Free Trade Zone.

The company’s business scope generally includes: sales of integrated circuits; technical services, technology development, technology consulting, technology exchange, technology transfer, and technology promotion. Licensed items: inspection and testing services.

The company is wholly owned by Shanghai Lingang New Area Investment Holding (Group) Co., Ltd. The ultimate controlling entity is the Financial Settlement and State-owned Assets Affairs Center of the Management Committee of the Lingang New Area of the China (Shanghai) Pilot Free Trade Zone.

According to the “Special Plan for the Integrated Circuit Industry in the Lingang New Area of the China (Shanghai) Pilot Free Trade Zone (2021-2025),” Dongfang Xinggang—the integrated circuit industrial park being developed in the Lingang New Area of the China (Shanghai) Pilot Free Trade Zone—is a key specialized park for the integrated circuit industry in the Lingang New Area. It is positioned as a world-class, comprehensive integrated circuit industrial base, with a focus on developing specialized processes and critical equipment and materials. The planned area covers approximately 12 square kilometers.

The park, centered on semiconductor manufacturing, covers the entire industry chain—from chip design and equipment materials to packaging and testing. It has already attracted leading companies such as Tesla (Shanghai), Shanghai Xinsheng Semiconductor, Shanghai Tianyue, and Jinghe Optoelectronics. As of the end of 2024, the park has more than 300 resident enterprises, with its industrial chain encompassing key links including chip design, manufacturing, equipment, materials, packaging and testing, and core components. According to the special development plan for 2021-2025, the park aims to establish a trillion-yuan-level industrial cluster by 2025 and achieve breakthroughs in critical technologies such as photoresist and large silicon wafers. The total investment is expected to reach 489.8 billion yuan, and配套 infrastructure will include a three-dimensional transportation network and 2 million square meters of industrial facilities.

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