Is Hefei Zhao Xin Electronics Co., Ltd. a state-owned enterprise?

No. Hefei Zhao Xin Electronics Co., Ltd. is not a state-owned enterprise. Hefei Zhao Xin Electronics Co., Ltd., established in Hefei High-tech Zone on October 5, Anhui Province, is a well-known high-tech enterprise in Hefei (Sino-foreign joint venture), mainly engaged in the design, development and sales of flash memory controller chips and whole machine systems such as eMMC and SSD. Hefei Zhao Xin has been affirmed for many times in patent layout, and was selected as an intellectual property demonstration enterprise in Hefei, with sales revenue exceeding 100 million for three consecutive years, and was selected as the vice president unit of Hefei Semiconductor Association. As the leader of NANDFlash flash control chip technology, it has excellent design integration ability, and will continue to introduce more advanced technologies in the future to lead the development direction of NAND control chips.