Neville Technology MEMS Business Early 2020 Conference Held in Beijing

From January 16 to 17, 2020, the early 2020 meeting of Neville Technology MEMS Business was held in the conference room of Neville Technology North Ring Center. The participants included the company's chairman Yang Yunchun and management team, the board members and management team of its wholly-owned subsidiary Selex International, Sweden's Silex Microsystems AB and its holding subsidiary Selex Beijing. The Swedish Board of Directors of Silex convened at the same time and considered the relevant topics.

The main topics for this early 2020 meeting include:

1, discussion and determination of the composition and working mechanism of the Board of Directors of Sylex International. According to the previous sorting and positioning, Sellex International co-ordinates the group's MEMS business resources, under the jurisdiction of the Swedish production line and the Beijing production line and other subsidiaries located in Sweden, the United States and Hong Kong; the company is responsible for the unified management and operation of MEMS business at the Sellex international level, and it formulates specific business plans within the scope of authorization at the group level, including market development, capacity building, order allocation, process development, production arrangements, material procurement, human resources, etc.

2. The Swedish Silex management team reported to the board of directors on the operating results for the whole year of 2019. Benefiting from the high prosperity of the downstream application market, the MEMS business of Swedish Silex achieved higher-than-expected growth and continued to maintain strong profitability. Propose a business plan for the next 5 years; At the same time, it reported the latest situation of Swedish production lines in market development, capacity improvement, process improvement, etc, the participants shared the development trend of MEMS industry and the major business information of key companies in the industry, and put forward suggestions on the future development direction of the group's MEMS business.

3, Sellex Beijing management team reported the latest situation of Beijing 8-inch MEMS international foundry line in engineering construction, production conditions, equipment relocation, technology transfer, personnel exchange, staff recruitment, production and capacity planning. Yang Yunchun, chairman of

, affirmed the achievements of the company's MEMS business sector in recent years, especially the excellent performance of Sweden Fab, the construction of Beijing Fab scale production capacity and the achievements made in opening up the global market, especially in Asia, since last year. The meeting agreed that with the advent of the era of Internet of Everything and artificial intelligence, the manufacturing demand for global perception-based chips and devices will continue to grow. The company should give full play to its existing advantages in technology, talent, market, brand, technology, and production capacity. Continue to complete the final stage of upgrading and expansion of the Swedish production line, and step up construction at the same time, so that the Beijing production line can be trial production and officially put into production as soon as soon as possible, to meet market demand and expand the company's competitive advantage and market share in the global MEMS foundry field.