On the morning of April 15th, BEKEN Payment Systems was listed on Shanghai Stock Exchange. Fu Xinhua, Vice Chairman of Shanghai Municipal Commission of Economy and Informatization, was present and made a speech.
Mr. Fu expressed in his speech that the steady and rapid development of integrated circuit industry in Shanghai can't be separated from the support of a number of key enterprises likeBEKEN Payment Systems. As an excellent representative of Shanghai integrated circuit design enterprises, BEKEN successfully issued A shares, which is not only the capital market's recognition of the company, but also the support of Shanghai’s integrated circuit industry.Shanghai is focusing on promoting independent innovation and development of the integrated circuit industry, launching a number of major industrial projects, building a number of national industrial innovation platforms, and cultivating a number of key enterprises. In 2018, the integrated circuit industry in Shanghai achieved sales revenue of RMB145 billion and continued to maintain double-digit growth.In the process of industrial cultivation, Shanghai has always attached great importance to the listing of enterprises. By using professional guidance and training, Shanghai encourages and supports enterprises to speed up stock reform and listing, expand the scale of direct financing through capital market, and actively serve the economic development of the city.
BEKEN Payment Systemsis a leading IC chip designer in China, founded at Zhangjiang, Pudong, in 2004, with about 150 employees. Its sales revenue in 2018 exceeds RMB500 million.After more than ten years of product and technology accumulation, the company has possesseda complete wireless communication product platform, supporting rich wireless protocols and communication standards, providing low-power, high-performance radio frequency transceivers and integrated microprocessor wireless link system-level (SoC) chips for many well-known customers at home and abroad, and providing a complete wireless communication solution for many application scenarios likeintelligent transportation and internet of things.
Comrades from the Research Office and Division of Electronic Information Industry were present at the ceremony.
