GigaDevice, founded in 2005 and headquartered in Beijing, China, was successfully listed on the Shanghai Stock Exchange in August 2016. With over 1100 employees, GigaDevice is a leading fabless semiconductor company dedicated to developing advanced memory technology, MCU, and sensor solutions. It has branches and offices in Beijing, Shanghai, Shenzhen, Hefei, Xi'an, Chengdu, Suzhou, Hong Kong, and Taiwan, as well as in the United States, South Korea, Japan, the United Kingdom, Germany, Singapore, and other countries and regions. Its marketing network covers the globe, providing customers with high-quality and convenient localized support services. The core management team of the company is composed of senior executives from around the world with rich experience in research and management. The core members of the technology research and development team come from top domestic microelectronics institutions such as Tsinghua University, Peking University, Fudan University, and Chinese Academy of Sciences. About 50% of them have a master's degree or above, and over 70% of the R&D personnel. At the same time, we actively introduce professional talents with international perspectives, track the latest technological development directions, and enhance the leading position of our company's technological products. The company's core product line includes memory, 32-bit general-purpose MCU, intelligent human-computer interaction sensor chips, and overall solutions. The company's products are known for their high performance and low power consumption, providing comprehensive services to customers in the industrial, automotive, computing, consumer electronics, IoT, mobile applications, as well as network and telecommunications industries. In the Chinese market, our NOR FLASH has the highest market share and is also one of the top three suppliers globally, with a cumulative shipment volume of nearly 16 billion units and an annual shipment volume of over 2.8 billion units; In June 2021, we launched our first DRAM product, the G
