The five new shareholders are Beijing IC Industry International Fund, Xiamen Guotong Lianzhi Venture Capital Partners (Limited Partnership), Guangdong Ginkgo Guangbo Venture Capital Partners (Limited Partnership), Shenzhen Renxin Capital Management Co., Ltd. And Beijing IC Design and Testing Equity Investment Center (Limited Partnership).
It is reported that Heng Xuan technology is set up in early 2015, a platform for emerging chip companies, the core members from the well-known high-tech companies RDA, Heng Xuan CEO of the technology is the former president of RDA Zhang Liang, Heng Xuan science and technology in charge of Vice President Zhao Guoguang Is the former RDA's vice president in charge of production and operations.
The company specializes in the R & D and sales of RF SOC chips for wireless Internet of Things platforms and provides customers with system-on-chip with WIFI / BT wireless line connections. The company focuses on hearables and recognizes it as the next big outlet. Foreign competing products 1 / 10-1 / 5 price, high-end headphones to achieve 80% performance, which spawned the blowout of this market.