The chairman and vice chairman of China’s chip giant have resigned!

The translation of "汽车芯片设计资料包" is "Automotive chip design information package."

UNISOC announced that the board of directors has recently received resignation reports from Chairman Ma Daojie and Vice Chairman Xie Wengang. Ma Daojie resigned from the position of Chairman and Nomination Committee member due to work adjustment, but will continue to serve as a director; Xie Wengang resigned from the position of Vice Chairman, but will continue to serve as a director and CEO. The resignations will take effect from the date the reports are delivered to the board of directors.

The company held a board meeting on October 14, 2024, electing Chen Jie as the new chairman and Ma Daojie as the vice-chairman for the same term as the eighth board of directors. The board expressed gratitude for the contributions of the two resigning directors.

Public information shows that in the first half of the year, SMIC's total revenue was 2.873 billion yuan, with the company's latest market value at 57.4 billion yuan.

The original announcement is as follows:

Zhongxin Guoxin Microelectronics Co., Ltd.

Announcement regarding the resignation of the company's chairman and vice chairman, and the election of new chairman and vice chairman.

The company and all members of the board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, with no false records, misleading statements, or significant omissions.

Zhongxin Semiconductor Co., Ltd. (hereinafter referred to as the "Company") recently received written resignation reports from Mr. Ma Daojie, Chairman of the Board of Directors, and Mr. Xie Wengang, Vice Chairman. Due to work adjustments, Mr. Ma Daojie applied to resign from the position of Chairman of the 8th Board of Directors and the member of the Nomination Committee. After resigning from the above positions, Mr. Ma Daojie will continue to serve as a director of the 8th Board of Directors of the Company. Due to work adjustments, Mr. Xie Wengang applied to resign from the position of Vice Chairman of the 8th Board of Directors. After resigning from the above position, Mr. Xie Wengang will continue to serve as a director and president of the 8th Board of Directors of the Company. According to relevant regulations, the resignation reports of Mr. Ma Daojie and Mr. Xie Wengang will take effect from the date of delivery to the Board of Directors of the Company.

During Mr. Ma Daojie's tenure as the Chairman of the company, and Mr. Xie Wengang's tenure as the Vice Chairman of the company, they fulfilled their duties diligently and responsibly, making significant contributions to the company's strategic development, standardized operations, and stable management. The company and the Board of Directors express heartfelt gratitude to Mr. Ma Daojie and Mr. Xie Wengang for their contributions during their tenure.

According to relevant laws, regulations, and the company's articles of association, the company held the 13th meeting of the 8th Board of Directors on October 14, 2024, and approved the "Proposal on Electing the Chairman and Vice Chairman of the 8th Board of Directors of the Company". Mr. Chen Jie was elected as the Chairman of the 8th Board of Directors of the company, and Mr. Ma Daojie was elected as the Vice Chairman of the 8th Board of Directors of the company. The terms of office for the above-mentioned individuals are consistent with the term of the 8th Board of Directors of the company. According to the company's articles of association, the Chairman serves as the company's legal representative.

Mr. Chen Jie and Mr. Ma Daojie's resumes are in the attached document.

Notice is hereby given.

Attachment: Resumes of Relevant Personnel

Chen Jie: male, born in September 1963, Chinese national, Bachelor's degree from Harbin Engineering University, Ph.D. from the National Institute of Informatics in Japan. He started working in the research and development of signal processing, image processing, and analog-digital hybrid large-scale chip development in 1988. He has held various positions such as Senior Manager of chip development at YOZAN Corporation in Japan, Associate Professor at the National Institute of Informatics in Japan, Researcher of the "Hundred Talents Program" at the Institute of Microelectronics of the Chinese Academy of Sciences, Vice Chief Engineer, etc. He has led multiple national key scientific and technological projects, published over a hundred academic papers, and applied for numerous invention patents. He has received the National Distinguished Young Scholars Fund, been selected for the National High-Level Talents Program, and has been awarded the title of National Specially Appointed Expert. Currently, he serves as a Director and General Manager of Beijing Zhiguang Xinkong Holdings Co., Ltd.; Director, Co-President, and Member of the Executive Committee of Naura Group Co., Ltd.; Director of Xi'an Naura Microelectronics Co., Ltd.; Director of Naura Core Technology (Shanghai) Co., Ltd.; Director of Shenzhen Naura Creating Electronics Co., Ltd., and other positions. He has been a Director of our company since August 2023 and became Chairman of our company in October 2024.

Mr. Chen Jie is currently a director and general manager of Beijing Zhiguang Xin Holdings Co., Ltd., an indirect controlling shareholder of the company. He is also a director, co-president, and member of the executive committee of the Tsinghua Unigroup Limited. In addition, there are no other related relationships between him and shareholders holding more than 5% of the company's shares, other directors, supervisors, or senior management personnel of the company. He personally holds 280 shares of the company. He has not been subject to penalties by the China Securities Regulatory Commission or other relevant departments or disciplinary actions by securities exchanges. There is no suspicion of being investigated by judicial authorities for criminal activities or suspected violations of laws and regulations being investigated by the China Securities Regulatory Commission. He is not listed on the public query platform for illegal and dishonest information in the securities and futures markets by the China Securities Regulatory Commission or included in the list of dishonest persons subject to enforcement by the people's courts. There is no situation where he is prohibited from serving as a director according to the Company Law, Shenzhen Stock Exchange Self-Regulatory Supervision Guidelines No.1 - Standardized Operation of Main Board Listed Companies, or the company's articles of association.

Ma Daojie: Male, born in August 1964, Chinese national, Bachelor's degree in Telecommunication Engineering, Master's degree in Information and Communication Management, PhD in Business Administration, Senior Engineer. Graduated from Beijing University of Posts and Telecommunications. He received the National Science and Technology Progress First Prize in 2004 and was awarded the Special Allowance Expert by the State Council in 2011. He has held various positions, including Deputy General Manager of China Unicom Guangxi Branch; Deputy General Manager of Unicom Huasheng Communication Technology Co., Ltd.; General Manager of Tianyi Telecom Terminal Co., Ltd. and China Telecom Mobile Terminal Management Center; Vice Chairman of China Telecom Group Union; Vice President of Lenovo Group, Executive Vice President of MBG China Business; Senior Vice President of New H3C Group Co., Ltd. Currently serving as Executive Vice President and Member of the Executive Committee of New H3C Group Co., Ltd.; Chairman of Ziguang Semiconductor (Shanghai) Technology Co., Ltd.; Director of Shenzhen Ziguang Chuang Electronic Co., Ltd., and other positions. From December 2017 to October 2024, he has held roles including Executive Vice President, President, Vice Chairman and President, Chairman and President, Chairman of the Board; since October 2024, he has been serving as Vice Chairman of the Board of the company.

Mr. Ma Daojie is currently the Executive Vice President and a member of the Executive Committee of New CIG Group Limited, an indirect controlling shareholder of the company. Apart from this, there are no other related relationships between Mr. Ma and shareholders holding more than 5% of the company's shares, other directors, supervisors, or senior management of the company. Mr. Ma does not hold any shares of the company; he has not been subject to any penalties by the China Securities Regulatory Commission or other relevant departments, or disciplinary actions by securities exchanges. There are no suspicions of criminal offenses leading to judicial investigations or investigations by the China Securities Regulatory Commission for suspected violations of laws or regulations. Mr. Ma is not listed in the public disclosure platform of illegal and dishonest information in the securities and futures market by the China Securities Regulatory Commission or included in the list of dishonest persons subject to enforcement by the people's courts. He does not fall under the circumstances where it is prohibited to serve as a director according to the Company Law, the Shenzhen Stock Exchange's Guidelines for Self-regulation of Main Board Listed Companies No. 1 - Standardized Operation, or the Company's Articles of Association.

Automotive semiconductor chip design materials package

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