JoulWatt's subsidiary JoulWatt Microelectronics Hangzhou, together with Beijing Xingji Xinlian Technology and others, jointly established Hangzhou Zhiwei Xinlian Technology. The new company's legal representative is Wu Shengji, with a registered capital of 10 million yuan. Its business scope includes integrated circuit design, integrated circuit chip and product manufacturing, integrated circuit chip and product sales, and electronic component manufacturing.
Joulwatt Technology Co. Ltd. AJoulWatt's subsidiary co-founded a new company focused on integrated circuit design and manufacturing, but the impact on JoulWatt is unclear as the venture is small and early-stage.