On August 28, the inauguration ceremony for the settlement of YXME(燕芯微) – a key project under the "incubation-investment linkage" initiative of the Peking University International Sci-Tech Innovation Center at Lin-gang Special Area(PKU-IICSH) was held at the Party-Mass Service Center on the first floor of the PKU-IICSH. Guided by the The Division of High-tech Industries and Science and Technology Innovation and Finance and Trade Division of Lin-gang Special Area Administration, the ceremony was co-hosted by PKU-IICSH, Yanyuan Fund, INNO-YES Incubator, and YXME.
The scene of the unveiling ceremony
Yao Weihao, Director of the Science and Technology Development Department of Peking University and Director of the PKU-IICSH, delivered a speech at the inauguration ceremony. He stated that as China (Shanghai) Pilot Free Trade Zone Lin-gang Special Area marks the 6th anniversary of its inauguration, "YXME" – a company incubated from the original technology of PKU's research team – has completed an angel round of financing of nearly 100M RMB and settled in Lin-gang. This achievement is not only a key result of the Center's "precision investment and incubation-investment linkage" model but also a typical case demonstrating that Lin-gang's industrial ecosystem has been recognized by start-ups.
Yao Weihao's speech
Subsequently, Li Yi, Deputy Director of the Finance and Trade Division, LSAA, delivered a speech. He noted that Lin-gang Special Area is accelerating the construction of the "Lin-gang Sci-Tech Innovation City" and is committed to becoming a key hub for the transformation of scientific and technological achievements in Shanghai and a gathering place for emerging industries. As a landmark project of the PKU-IICSH’s "incubation-investment linkage" model, the settlement of "YXME" not only reflects recognition of Lin-gang's industrial ecosystem and business environment but also injects confidence into the integration of scientific and technological innovation with financial services.
Li Yi's speech
Dr. Wang Zongwei, Founder of "YXME" and Researcher at the School of Integrated Circuits of Peking University, elaborated on the company's technical foundation and development plan. He pointed out that the high-end memory chip field still faces international monopolies, and the demand for chip energy efficiency driven by artificial intelligence is becoming increasingly urgent. "Breaking the technological blockade in high-end memory and building a high-efficiency memory-computing integrated system is a major task related to national strategic security and independent technological self-reliance."
Wang Zongwei gives a lecture
At the ceremony, four representatives jointly witnessed the event on stage: Yao Weihao, Cai Yimao (Dean and Professor of the School of Integrated Circuits of Peking University), Chen Haitao (First-level Principal Staff Member of theThe Division of High-tech Industries and Science and Technology Innovation, LSAA , and Li Yi. Wang Yu, Executive Director of the PKU-IICSH and Wang Zongwei and Wang Zongwei jointly unveiled the plaque for YXME to mark its settlement in Lin-gang.
Unveiling Ceremony for YXME Settling in Lin-gang
Nearly 40 participants attended the event. Li Jun, General Manager and Managing Partner of Yanyuan Fund, hosted the inauguration ceremony.
Group photo of all
