HOPERF Completed the Acquisition of Wuxi Cmostek

In order to improve the group structure and improve management efficiency, in December 2021, HOPERF completed the acquisition of Wuxi Cmostek, and Wuci Cmostek became a subsidiary of HOPERF. Shenzhen Hope Microelectronics Co., Ltd. (hereinafter referred to as "HOPERF") and Wuxi Cmostek Microelectronics Co., Ltd. (hereinafter referred to as "Wuxi Cmostek") are both members of the enterprise group controlled by Mr. Wu Yikang.
 

Wuxi CMOSTEK has always focused on the R&D and design of wireless radio frequency chips. With the platform advantages of HOPERF, Wuxi Cmostek  R&D and design are closer to the differentiated needs of customers, and can better provide precise services to HOPERF's customers.As Mr. Wu Yikang, Chairman of HOPERF, said: This group integration has further optimized HOPERF’s organizational structure, created a more complete wireless radio frequency chip industry chain for HOPERF, and enhanced the company’s overall competitive advantage. It is HOPERF’s first step in building an integrated operating platform. and development strategy.