On March 28, 2024, "Xingchen Technology," an investee company of Kunqiao Capital—a sub-fund backed by the mother fund managed by Yuanhe Chencun—was listed on the Shenzhen Stock Exchange under stock code: 301536.

Founded in 2017, Xingchen Technology is a global leader in video security chip manufacturing. Its main business is the research, development, and sales of video security chips, with products covering multiple fields including intelligent security, video intercom, and smart automotive systems. Through continuous independent research and innovation, the company has integrated a complete artificial intelligence toolchain, including AI processor instruction sets, AI processor IP, compilers, and simulators, and has accumulated multiple core technologies. It provides global customers and consumers with highly competitive, high-performance, and highly integrated system-on-chip solutions and strong localized technical services.

Since its establishment, StarChips Technology has repeatedly earned provincial and national-level honors, earning recognition as a National High-Tech Enterprise, a National Integrated Circuit Design Enterprise, and a National Specialized, Sophisticated, and Novel "Little Giant" Enterprise. It has also been honored as a Science and Technology Little Giant and Leading Enterprise in Xiamen City and Fujian Province, received the "Outstanding Contribution Enterprise Award" to mark the 30th anniversary of the Xiamen National Torch High-Tech Industrial Development Zone, and was named among the Top 100 Innovative Private Enterprises in Fujian Province for 2023, as well as ranked among the Top 20 Most Innovative Private Companies in Science and Technology in Xiamen City.

Looking ahead, StarCore Technology will seize this public listing as a pivotal opportunity to continue upholding its core values of "Exceptional Quality, Industry-Leading Service, Continuous Innovation, and Long-Term Partnership," while fulfilling its development mission: "Exploring with Chips to Enhance Life and Enrich the World." On this new platform, the company is committed to realizing its vision of becoming a world-class chip design leader, maintaining the cutting-edge nature of its product technologies, driving technological advancements across the industry, creating greater value for society, and making an even more significant contribution to the growth of the global chip sector.