Jiwei Network News On January 6, Beijing Junzheng issued an announcement that Wu Yuefeng, a shareholder holding 60,544,310 shares of the Company (accounting for 12.57% of the total share capital of the Company), plans to reduce its holding of no more than 9,631,398 shares of the Company (accounting for no more than 2% of the total share capital of the Company) by means of a centralized auction from February 8, 2022 to August 7, 2022.
Beijing Junzheng said that Wuyuefeng Power Collection is not the controlling shareholder and actual controller of the company, and the implementation of the shareholding reduction plan will not lead to a change in the control of the company and will not affect the company's continuous operation.
It is understood that Beijing Junzheng is an integrated circuit design enterprise, since its inception in the embedded CPU, video codec, image signal processing, neural network processors, AI algorithms and other fields of continuous investment, the formation of independent innovation of the core technology; based on these core technologies, Beijing Junzheng launched a microprocessor chip and intelligent video chip two product lines, and around these two product lines, developed the corresponding software and hardware platforms and solutions, to help customers quickly bring products to the market.
The microprocessor product line produced by Beijing Junzheng is mainly used in biometrics, two-dimensional code recognition, commercial equipment, smart home, smart wearables, educational electronics and other Internet of Things-related fields, and the intelligent video product line is mainly used in security monitoring, smart doorbells, face recognition equipment and other fields. (Proofreading/New)