In July 2022, in JiaXing NanHu, the launching base of the Red Boat, iStarChip Semiconductor Technology Co., Ltd. welcomed numerous guests, including local government officials, leaders from NanHu Fund Town, leaders of Automotive Engineering Research Institute from Guangzhou Automobile Group Co., Ltd., leaders from Shanghai Integrated Circuit Technology and Industry Promotion Center, as well as leaders from investment institutions such as SUNIC Capital, XingCheng Capital, WALDEN International, WINREAL Investment, and representatives from companies such as TDG Holding Co., LTD., Starpower Semiconductor Co., Ltd., and Liyuan Technology Co., Ltd., etc..

At this conference, Mr. Stephen JIN, the CEO of iStarChip Semiconductor Technology Co., Ltd., made presentations on various aspects including the development of iStarChip, product technology, market insights, independent intellectual property rights, and future development plans. The attending guests engaged in in-depth discussions with iStarChip Semiconductor on topics such as business models, industry backgrounds, operational conditions, management teams, and funding needs, etc.. There was unanimous support and optimism for the development of iStarChip.

During the event, iStarChip Semiconductor Technology Co., Ltd. signed a strategic cooperation agreement with local industrial clusters in the presence of ZHAO YaFeng, Deputy head of the NanHu District People’s Government, ZHANG DongGe, Deputy Director of JiaXing Economy and Information Technology Bureau, and CHEN TianYing, Deputy Director of JiaXing Science and Technology Bureau. This contract aimed at in-depth cooperation in information exchange, resource sharing, and automotive core chip business, etc. to reinforce complementarity advantages and create development opportunities.