Leifeng Network learned that Cambrian Technology Co., Ltd. issued an announcement today, announcing that the company's core technical backbone, Cambrian CTO Liang Jun, has left Cambrian due to "differences with the company". Affected by this, since the announcement, Cambrian's stock price has plummeted by 18%, and the market value has evaporated by 36 billion.
Cambrian revealed in the announcement that Liang Jun's departure will have a certain impact on the company's research and development management. However, at the same time, it is emphasized that Cambrian has a complete R & D system, R & D team, and has a wealth of patented technologies. Liang Jun's departure will not affect the company's technological innovation.
It is reported that Liang Jun graduated from the University of Science and Technology of China with a master's degree in communication and information systems.
Before joining Cambrian, Liang Jun worked at Huawei for nearly 20 years, successively serving as an engineer and technical expert. Has a wealth of work experience.
In 2017, Liang Jun jumped from Huawei to Cambrian as deputy general manager and CTO. Liang Jun is responsible for the technology research and development of major AI chips in Cambrian. During his tenure, Cambrian launched its 7nmAI chip Siyuan 290.
The announcement shows that Liang Jun participated in research and applied for 138 invention patents and 10 PCT patents during his tenure, of which 14 inventions have been authorized. In the announcement, Cambrian said that the ownership of these intellectual property rights is the company, and Liang Jun's departure will not affect the integrity of the company's property rights.
In recent years, cambrians have fallen into a bottleneck period in their own development. Previously, there were rumors of cambrian high-level discord.
In 2020, Cambrian was officially listed in the kechuang edition, becoming the first AI chip company to go public. At the time of listing, Cambrian stocks rose by 290% on the first day, and the market value once broke through the 100 billion mark. But at that time, Cambrian was already facing the problem of continuous losses.
After the listing, this trend of losses has continued. From 2017 to 2020, Cambrian losses were 381 million yuan, 0.41 billion yuan, 1.179 billion yuan and 435 million yuan, respectively. Cambrian said the loss was mainly due to the increase in research and development expenses, management expenses and selling expenses.
While the company has been losing money for many years, Cambrian is also facing great challenges in terms of products. Since the end of cambrian and Huawei HiSilicon cooperation in 2020, its IP licensing business has experienced a huge decline, and it is difficult to find customers of the same magnitude in a short period of time.
At present, the sales of edge intelligent chips, which are the main business of Cambrian, have also been blocked. Its self-developed Siyuan 290 chip is lagging behind in the competition with Huawei HiSilicon and NVIDIA.
In this context, Cambrian lost another tiger general. But Cambrian believes that Liang Jun's departure will not bring great losses to the company's core technology.
In the announcement, Cambrian mentioned that as of December 31, 2021, the company has applied for 2526 patents. As of the announcement disclosure date, the R&D personnel have reached 1228 days, accounting for 80.37% of the total number of employees. Core technical personnel Chen Tianshi, Liu Shaoli and Liu Daofu are all core members of the Cambrian start-up team. They all have rich work experience and have long been engaged in the technical work of artificial intelligence and processor chips. Therefore, Cambrian believes that Liang Jun's departure will have a certain impact on the company's R&D management, but will not have a significant adverse impact on the company's technological innovation and overall R&D strength.