MXW Device (Shenzhen) Co., Ltd. held its first shareholders’ meeting and founding meeting successfully.

We have been in the business for more than ten years, and we have been working together with all our partners and colleagues. With more than ten years of deep plowing and extensive accumulation, MUXWAVE has been working together with like-minded people, side by side with peers, and gathered together with all partners and colleagues, and on the afternoon of August 25th, the Founding General Meeting and the First General Meeting of Shareholders of MXW Device (Shenzhen) Co.

NO.1 The Founding Meeting and the First General Meeting of Shareholders
The attendees of the meeting were Xiao Jianqiang, founding shareholder and executive director; Yuan Chujuo, co-founding shareholder and CTO; Huang Jiang, Zheng Siqi and Li Feng, representatives of investors and shareholders; Pan Zhibing and Lin Wanqiang, representatives of the head of the listed sponsoring organization, as well as more than 40 people, including expatriates and management staff of the company. The meeting was hosted by Hu Lifeng, Financial Controller and Secretary of the Board of Directors of MUXWAVE. The company’s self-developed product, the holographic invisible screen, filled the atmosphere of the scene, highlighting the strong visual impact and creating an exquisite and grand scene experience. The company’s leaders, shareholders and all employees witnessed this historical moment and opened a new chapter of development for the company.

NO.2 About MUXWAVE
MXW Device (Shenzhen) Co., Ltd. (hereinafter referred to as “MUXWAVE” or the “Company”) was founded in November 2012, with a registered capital of 21,448,549,000 RMB, and is a national high-tech enterprise and a specialized and special new enterprise in Guangdong Province. MUXWAV is a national high-tech enterprise and a specialized enterprise in Guangdong Province with more than 160 employees. The Company is mainly engaged in the design, research and development and sales of high-performance analog and digital-analog hybrid integrated circuits, as well as the design, research and development, production and sales of LED holographic screens. As of July 2023, the company’s cumulative chip shipments have exceeded 25 billion, the products widely covered home appliances, wireless Internet, new energy, intelligent security, industrial control, automotive and other applications; the new product LED holographic screen has been sold to more than 30 countries and regions around the world, the domestic business covers more than 30 provinces and cities. The company brings together professional and experienced R & D team, independent research and development to obtain a number of invention and utility model patents, the establishment of a complete system of independent intellectual property rights. The company attaches importance to the industrial layout, with “LED intelligent display driver chip scale packaging” production base, is a few with digital and analog integration of electronic design and finished product manufacturing applications integrated research and development, automated production as one of the chip design and intelligent manufacturing of the whole chain of high-tech enterprises.

NO.3 Speech of Leaders and Shareholders
At the meeting, Mr. Xiao Jianqiang, founding shareholder and executive director, and Mr. Yuan Chujuo, co-founding shareholder and CTO, delivered speeches, reviewing the challenges and opportunities, growth and harvest of MUXWAVE along the way. From the remote control chip to the smart charging chip, to the LED landscape lighting chip, as well as the LED holographic invisible screen, which is currently the world’s first and the industry’s original, every step is a testimony of our solid forward progress. Mr. Huang Jiang, the representative of investor shareholders, and Mr. Pan Zhibing, the representative of listed sponsors, delivered speeches, encouraging MUXWAV to forge ahead and draw a new blueprint for development again, and expressing that they will continue to support and accompany MUXWAV, and create the future of the IC industry together.

NO.4 Unveiling the license plate and cutting the cake
Then, in a warm atmosphere, the host Hu Lifeng announced the official launch of the unveiling ceremony. In an instant, the salutes were fired, the colorful ribbons were fluttering, and all the leaders, shareholders and guests of MUXWAV unveiled the veil of Silk Ling with one heart and one mind. Ten years of great achievements, ten years after the re-creation of glory, hand in hand to open new horizons, create good results, cast a better future.

NO.5 Shareholders’ Meeting
The establishment of the joint-stock company marks another solid step for MUXWAVE towards the capital market, and from now on, the company will take the IPO as the primary goal, and MUXWAV will take this opportunity to adhere to the “innovation-driven, market-demand oriented” business philosophy, and actively practicing the core values of “technology to beauty, stability to silicon, and the road to micro”. Technology is the most beautiful, the line is stable to silicon, the road is the most subtle” core values, and constantly enhance the vitality and market competitiveness of the enterprise, and comprehensively improve the core competence of the enterprise. The first shareholders’ meeting of the company was held at the same time of the founding meeting, which considered and passed the report on the preparatory work of MUXWAV, the articles of association, the rules of procedure of the shareholders’ meeting and other motions, and at the same time, the shareholders’ meeting succeeded in electing 7 directors and 2 supervisors on behalf of the shareholders.

The successful convening of the founding meeting and the first shareholders’ meeting of MXW Device (Shenzhen) Co., Ltd. is another milestone in the development of MUXWAV, and the founding of MXW Device (Shenzhen) Co. The official establishment of MXW Device (Shenzhen) Co. In the future, MUXWAV will seize the opportunity of the national development of integrated circuit industry, give full play to the advantages of the mechanism of joint-stock enterprises, with the momentum of national high-tech enterprises, international technology vision, and constantly enhance the vitality of the enterprise and market competitiveness, and comprehensively improve the core competence of the enterprise, and strive to become a leading semiconductor company in the industry and with international influence.