Fudan Shenhua

In 1998, a group of founders, with backing from the Fudan University ASIC & System State-Key Laboratory, established Shanghai Fudan Microelectronics. The company was born from a specific goal: to design and develop specialized integrated circuits in China. From its inception, the firm established a deep connection with the university, drawing on its talent and technical expertise. The company focused on a fabless business model, concentrating on the high-value design and development of chips while outsourcing the capital-intensive manufacturing process. This strategy allowed it to be agile and target specific needs in the market, creating products for security, identification, smart meters, and non-volatile memory. A major turning point arrived in 2000 when the company was listed on the Hong Kong Stock Exchange, providing capital and international visibility. This event marked its emergence as a significant player in China's growing semiconductor landscape. The company continued to expand its product lines into areas like finance, automotive electronics, and mobile payments. Over two decades after its first public offering, the company achieved another key milestone. In August 2021, it completed an initial public offering on the Shanghai Stock Exchange's STAR Market. This dual listing created an "A+H" capital structure, giving it access to both international and mainland investors and cementing its position as a leading domestic chip design house.