Dec. 26, 2006, Shanghai Lixin ICM Company Limited held its construction starting ceremony in Zizhu Science-based Industrial Park with the attendance of Vice president of Minghang District Government, Zheng Wenyue; other officers from related departments; sincere guests from Shanghai Lixin ICM Co. Ltd. including Chairman of Board Zhang Guowei, CEO Zhan Dongyi, President of China Region Sun Jiwei, CFO Zhang Shaohua; and the Chairman & General Manager of Shanghai Zizhu Science-based Industrial Park Shen Wen.
Shanghai Lixin ICM Co., Ltd. is wholly owned by BCD Semiconductor Manufacturing Limited which is funded by many famous American and Asia Fund Companies. Lixin is supposed to be a integrated circuit manufacture company with the total investment of $1 billion and the registered capital of $334 million.