China's semiconductor industry receives a strong impetus as Shanghai Dongfang Xinguang Integrated Circuit Co., Ltd. officially registered on November 24, 2025, with a registered capital of 39.215 billion RMB. Fully owned by Shanghai state-owned assets, this new industrial force will become a core driver for Lingang New Area to build a world-class integrated circuit (IC) industrial cluster.
From the enterprise's basic perspective, Zhang Jizhi serves as the legal representative, and the company is registered at No. 1 Shengang Avenue, Lingang New Area, China (Shanghai) Pilot Free Trade Zone, accurately positioning itself in the core industrial area. Its business scope covers the entire IC industrial chain, including general items such as IC sales, technology development and transfer, as well as key licensed items like inspection and testing services. The business layout balances market expansion and technical support, providing all-round support for industrial services.
In terms of equity structure, the company is 100% held by Shanghai Lingang New Area Investment Holding (Group) Co., Ltd., with the actual controller being the "Financial Settlement and State-Owned Assets Affairs Center of the Administrative Committee of Lingang New Area, China (Shanghai) Pilot Free Trade Zone". The clear state-owned background not only injects strong capital strength into the enterprise but also highlights Shanghai's strategic determination to promote the development of the IC industry.
The establishment of the new company is highly consistent with the industrial planning of "Dongfang Xinguang", Lingang New Area. According to the "Special Plan for the Integrated Circuit Industry in Lingang New Area of China (Shanghai) Pilot Free Trade Zone (2021-2025)", "Dongfang Xinguang", a key characteristic park in Lingang, is positioned as a world-class comprehensive IC industrial base, covering an area of 12 square kilometers. Focusing on semiconductor manufacturing, it fully covers the entire industrial chain including chip design, equipment and materials, packaging and testing.
Currently, the park has formed a strong industrial agglomeration effect. A number of benchmark enterprises such as Tesla (Shanghai), Shanghai Xinsheng Semiconductor, Shanghai Tianyue, and Jinghe Optoelectronics have settled in successively. By the end of 2024, the number of settled enterprises has exceeded 300, realizing full coverage of key links such as chip design, manufacturing, equipment, and materials. The improved industrial ecology provides a solid foundation for the new company's rapid start.
According to the special plan, "Dongfang Xinguang" has a clear and arduous goal: to form a 100-billion-level industrial cluster by 2025, break through "chokepoint" technologies such as photoresist and large silicon wafers, with a total investment scale of 489.8 billion RMB. To support this goal, Lingang New Area is supporting the construction of a three-dimensional transportation network and 2 million square meters of industrial carriers, forming a complete support system from infrastructure to industrial services. The establishment of this 39.2-billion-RMB new company is precisely the key capital force injected to achieve this strategic goal.
Industry insiders analyze that the concentrated efforts of Shanghai state-owned assets this time not only accurately empower the IC industry in Lingang but also drive the coordinated development of the upstream and downstream industrial chains, accelerating the process of core technology breakthroughs. Against the background of intensified global semiconductor industry competition, this measure will further consolidate Shanghai's position as a highland of China's IC industry.
ICgoodFind Summary: Under the goal of a 100-billion-level cluster, the heavy entry of state-owned assets will accelerate the breakthrough of Lingang's chip industry and consolidate the foundation of industrial development.
