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【 China electronic in time! 】China Electronics entered Huada for nine days with a market value of 66 billion yuan, and the domestic EDA leader was "incorporated"

After the directors' adjustment, Huada Jiutian will be included in the consolidated statements of China Electronics Group in terms of financial treatment and managed as a consolidated enterprise of China Electronics Group. At the same time, China Electronics Group plans to adjust Huada Jiutian from a strategic shareholding enterprise to a holding enterprise for management, and the internal management regulations of China Electronics Group on holding enterprises shall apply. The actual controller of Huada Jiutian intends to change from no actual controller to China Electronics Group, the controlling shareholder of the company's largest shareholder.Founded in 2009, Huada Jiutian has been focusing on the development, sales and related services of EDA tools.As an essential tool for integrated circuit design, EDA is used to assist designers in circuit design, simulation and verification, which runs through the design, manufacturing, packaging and testing of integrated circuits.

It is worth mentioning that the US Department of Commerce announced the latest "Entity List" on December 2, 2024 local time, and Huada Jiutian and its related subsidiaries were included in the list. In this regard, Huada announced the next day that the company is actively responding to the possible risks of being included in the "entity list". The impact of being included in the entity list by the United States is generally controllable. At present, the company's operation and financial situation are normal, and various businesses are progressing steadily. The company will seize the opportunity of development and accelerate the localization process of EDA tools in the whole process.Founded in 2009, Huada Jiutian has been focusing on the development, sales and related services of EDA tools.As an essential tool for integrated circuit design, EDA is used to assist designers in circuit design, simulation and verification, which runs through the design, manufacturing, packaging and testing of integrated circuits.