According to Chinese business information platform Tianyancha, Shanghai Xianpu Gas Technology Co., Ltd. on Thursday issued a change to its registration with the Industrial and Commercial Administration, adding another two shareholders, namely Huawei’s subsidiary Shenzhen Technology Investment Partnership (Limited Partnership) and China SME Development Fund (Shaoxing) Equity Investment Partnership (Limited Partnership). In addition, the firm’s registered capital increased to 12.25 million yuan ($1.92 million), up by 22.5%.
Shanghai Xianpu Gas Technology was established in June 2018, and its legal representative is Jiang Xiaosong. It is mainly engaged in the development and production of special equipment for gas purification and electronic equipment. Its website suggests the products are widely applied in electronics, photoelectric, optical fiber, photovoltaic, chemical and other fields.
Established in 2019, Hubble Technology Investment is an investment company under Huawei. It focuses on the chip industry, with registered capital of 700 million yuan ($109.85 million). It is a wholly-owned subsidiary of and is under the complete control of Huawei Investment & Holding Co., Ltd.
Since the second half of 2021, Huawei Hubble has successively invested in several semiconductor-related enterprises, covering such fields as EDA, third-generation semiconductor material silicon carbide, OLED display driver chip, photoresist R&D, and other areas.