Backed by a registered capital of 150 million yuan (about 13 million U.S. dollars), Anda Semiconductor is set to manufacture and sell discrete semiconductor devices, while also providing integrated circuit chip design services. Their focus is to supply key components for electronic vehicle devices, enhancing driving safety, production efficiency, and overall product quality.

Located in Jiaxing, China, StarPower Semiconductor Ltd. is a major player in providing high-power, vehicle-grade power modules for China's new energy vehicles (NEVs). In 2022, they supplied over 1.2 million of these modules, thereby playing a pivotal role in the high-quality development of the Chinese NEV industry.

The collaboration between Deepal Automobile and StarPower Semiconductor Ltd. promises to leverage their mutual advantages in production, research, supply, and demand. This synergy is aimed at fostering the development of high-quality products.

Aside from establishing Anda Semiconductor, the Liangjiang New Area in Chongqing, the first national-level development and open area in inland China is proactively advancing the semiconductor industry.

The Liangjiang Semiconductor Industrial Park, inaugurated in late June, serves as a nucleus for semiconductor-related activities. This high-tech park is a hub for electronic information, intelligent IoT terminals, and electro-optic displays.

Spanning approximately 440,000 square meters, the Liangjiang Semiconductor Industrial Park is a significant catalyst for semiconductor development in Western China. Over 30 enterprises, including 14 high-tech companies, ten specialized and sophisticated provincial-level SMEs, and two national-level SMEs, have made this park their home. The total investment is projected to reach around 500 million yuan (about 69 million U.S. dollars), with an anticipated annual output exceeding one billion yuan.

Drawing on its industrial operation experience and vast global resources, the Liangjiang Semiconductor Industrial Park is committed to providing top-tier services to its resident enterprises. The park's vision is to foster cross-regional collaboration between cities and enterprises, aiming to achieve both regional and industrial cooperation.