亚洲最大赌博网站

Guantao Law Firm assists with the establishment and operation of Components and Integrated Circuit International Trade Center

Components and Integrated Circuit International Trade Center (“CICITC”) of China held the opening ceremony in Beijing on 3 February 2023 and was officially put to operation in Shenzhen. Attorney WU Xiaojing, attorney ZHENG Kexin, attorney Wang Yating, and other project members provided legal service for the establishment of the CICITC, including legal due diligence, design of the establishment plan and the final launch. Attorney HONG Yuhao provided great supports to the project team as well. 

Led by China Electronics Corporation and Shenzhen Investment Holdings Co., Ltd., CICITC was jointly built by 11 central enterprises, state-owned enterprises, and private enterprises with registered capital of CNY 2.128 billion. 

Based on industry big data, CICITC will play its role of “effective trade, industry hub, innovative service, and diverse storage”, and aims at improving the resilience and safety of the industry chain and supply chain and facilitating the integration of domestic and overseas market. With three trade methods – user procurement, aggregate bid and self-matching, it is dedicated to building a new access platform for electronic component and integrated circuit companies and products through marketized operation. This can help to integrate the upstream supply chain and the downstream supply chain and cluster development, laying a solid foundation for the high-quality development of China’s electronic information industry.