Cambrian CTO Liang Jun resigned due to "disagreement with the company", and the stock price fell sharply by 18.38

On the evening of March 14, AI chip company Cambrian announced that its core technical staff Liang Jun had recently gone through relevant resignation procedures due to differences with the company. After his resignation, Mr. Liang Jun will No longer holds any position in the company.

Perhaps affected by this news, Cambrian’s stock price fell by 18.38 points to 66 yuan as of press time.

Regarding the impact of this personnel change, Cambrian stated in the announcement that Mr. Liang Jun’s resignation will have a certain impact on the company’s R&D management work. The company has established a complete R&D system, formed a professional R&D team, and accumulated abundant patented technologies. Mr. Liang Jun's resignation will not affect the company's technological innovation, nor will it have a major adverse impact on the company's overall R&D strength.

Liang Jun is the chief technology officer of Cambrian and one of the core technical personnel. In 2017, Liang Jun switched jobs from Huawei to Cambrian and was responsible for the overall technology and product research and development of AI chips, as well as R&D team management, and helped build Cambrian's technology and product innovation system. Qubit reports that Liang Jun launched the Cambrian’s first 7nm AI training chip Siyuan 290 during his tenure.

Before the Cambrian era, Liang Jun worked for Huawei for 17 years. From 2000 to 2003, he worked at the Beijing Research Institute of Huawei Technologies Co., Ltd. as an engineer. From 2003 to 2017, he worked at Huawei HiSilicon, serving as an engineer, senior engineer, chief engineer, technical expert, and senior technical expert. He was successively responsible for network chip architecture design, mobile phone SoC chip design, and team management.

Cambrian’s announcement mentioned that according to the non-competition clause, Mr. Liang Jun should perform his non-competition obligations within two years after the contract is terminated and shall not work in a company that competes with Cambrian .

After Liang Jun resigned, Cambrian did not appoint a new CTO candidate. Currently, it has hired two new technical deputy general managers from within to be in charge of the two major businesses of edge and cloud, which are the previous edge product lines. The person in charge, Chen Yu, and Zeng Hongbo, who was previously the person in charge of the cloud training product line and senior director of the distributed software department, are both employees who joined Cambrian shortly after its establishment.

Cambrian was founded in 2016 by Chen Tianshi and Chen Yunji, both of whom graduated from the Junior Class of the University of Science and Technology of China. Its predecessor was the "Exploring the Intersection of Processor Architecture and Artificial Intelligence" established by the Institute of Computing Technology, Chinese Academy of Sciences in 2008. Field” academic team of 10 people. Since its establishment, Cambrian has been committed to building various types of intelligent cloud servers, intelligent terminals and intelligent robot core processor chips.

On July 20, 2020, Cambrian was officially listed on the Science and Technology Innovation Board, becoming the "first AI chip stock" on the Science and Technology Innovation Board. On the first day of listing, it achieved an opening price of nearly 290 yuan, and its market value once exceeded 100 billion yuan. According to Cambrian's financial report, Cambrian's total operating income in 2021 was 721 million yuan, a year-on-year increase of 5.712%; the net profit loss attributable to the parent company reached 847 million yuan, an increase of 94.98% from the loss in the same period last year.