With the gradual improvement of the industrial ecology, the degree of independent control of semiconductors in China has also been further improved. Data released by the General Administration of Customs showed that China's cumulative imports of integrated circuits in 2023 totaled 479.5 billion, down 10.8% from 2022; the import value of $349.4 billion, a year-on-year decline of 15.4%. And according to data from the National Bureau of Statistics, for the whole year of 2023, China's domestic production of integrated circuits amounted to 351.4 billion pieces, a year-on-year increase of 6.9%.
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In 2023, in order to further expand the scale of production, the company invested in the construction of production base Xuzhou Ying Sheng Micro Semiconductor Technology Co. The production base is located in Suining County, Xuzhou City, Jiangsu Province, covering an area of 51 acres, with a plant area of 50,000 square meters. The factory has introduced professional production equipment and advanced testing instruments of international first-class standard. The factory has introduced professional production equipments and advanced testing instruments of international first-class level, and fully implemented ISO9001 quality management system and ISO14001 environmental management system.
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