Runxi is a subsidiary of China Resources Micro. According to the inquiry of the enterprise credit information publicity system, Huawei Holdings, a wholly-owned subsidiary of China Resources Microelectronics, jointly initiated the establishment of Runxi Microelectronics (Chongqing) Co., Ltd. with Big Fund Phase II and Chongqing Xiyong * * *, so Runxi is a subsidiary of China Resources Microelectronics. China Resources Microelectronics is a high-tech enterprise under China Resources Group, which is responsible for the investment, development and management of microelectronics business.