Beijing Fuxing Xiaocheng Electronic Technology Stock Co.,Ltd(300139.SZ)
Specializing in the design and research of integrated circuits, esp. for power terminal products
Specializing in the design and research of integrated circuits, Beijing Fuxing Xiaocheng Electronic Technology ’s investment of 5480000 RMB, $84 million USD has realized its current listing in the Growth Enterprise Market on the Shenzhen Stock Exchange under Stock Code 300139.
FXXC’s series of integrated chips with intellectual property rights has been developed via the company’s cutting-edge technology and innovation. FXXC is a pioneer in the international market as one of the largest suppliers of PLCC modulation/demodulation chips and concerned systems.
FXXC’s products are focused on the design and application of the integrated circuit. FXXC’s PL and XC chips are wholly owned
as the company’s intellectual property. These two series of chips are specialized for power terminal products and are specifically aimed at the proficient specification of the power line in the national power industry, including but not limited to, communication protocols and terminal technological requirements. These products are now widely used as power-estimate terminal products and include the carrier watt-hour meter, the carrier automatic meter reading concentrators, and other trend-setting, vital products.
FXXC participated in national standard project, the Low Voltage Power Line Carrier Meter Reading System,and joined the think-tank drafting the four parts of the selected and preferred Chinese National Standard. In this, it helped establish the nation’s system requirements, the meticulous demands of carrier concentrators, and the highly accurate collector and static carrier electric energy meter. Today, FXXC holds six patent rights of the layout designs of integrated circuits, which successfully received the Integrated Circuits Layout Design Registration Certificate. In addition, FXXC possesses six computer software copyrights with 50-year protection periods.
Overseas Branches
Beijing Fugen Intelligent Electricity Meter Co., Ltd
Beijing Fugen Intelligent Electricity Meter Co., Ltd, a Sino-foreign joint venture, was established in June 1995. The registered address is Shilong Industrial Development Zone, Mentougou District, Beijing. The facility manufactures electric meters, data collection units, LCD, micro-circuits, and sells its own products and provides maintenance services. Its start-up costs totaled 41,500,000 RMB/$6,411,750. FXXC owns 68.84% of the enterprise, with an initial investment of 28,570,000 RMB/$4,413,684 USD.
Pyongyang Power Instruments Joint Venture Co.
In 2004, invited by North Korean Ministry of Power and Coal, FXXC and the Ministry founded Pyongyang Power Instruments Joint Venture Co. in the captial of Democratic Peoples Republic of Korea. This new company dealt in transformers, breakers, IC card meters, and other electric products. With joint effort, this company has become a pacesetter in electric line in North Korea within four short years.
Pyongyang Power Instruments Joint Venture Co. is located north of Tongyi Street, Pyongyang City, with an area of 1.2 thousand square kilometers. With a well-founded promotional sales strategy, Pyongyang Power Instruments Joint Venture Co. used the Pyongyang market as a base and expanded through all North Korea, with remarkable achievements. Now the company’s market includes Pyongyang, Ping’an Nandao, Ping’an Beidao, Hebei Nandao, and Henan Beidao. Our products are now in use in all of North Korea.
CB Electric Company Ltd.
FXXC's other holding company CB, was established in Accra, Gahna’s capital, in 2006. Its initial investment is $9,470,000 USD. CB is responsible for the BOT project in Accra, the design of the support billing system, meter installation, meter calibration, and power-related issues. FXXC has a 65% holding in CB.