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China Electronics entered Huada for nine days with a market value of 66 billion yuan, and the domestic EDA leader was "incorporated"For a long time, the EDA market in China has been monopolized by three giants: Cadence, Synopsys and Siemens EDA. According to the report of China Commercial Industry Research Institute, the market share of the top three enterprises exceeds 70%; The market share of Huada Jiutian currently accounts for 5.9%, ranking first in China.China Electronics entered Huada for nine days with a market value of 66 billion yuan, and the domestic EDA leader was "incorporated"

China Electronic Design Automation (EDA) software industry in-depth analysis and development trend forecast research report released by China Commercial Industry Research Institute shows that the EDA market in China reached 12 billion yuan in 2023, accounting for about 10% of the global EDA market. Analysts of China Commercial Industry Research Institute predict that the EDA market in China will reach 13.59 billion yuan in 2024.Huada Jiutian is currently one of the few companies in China that can provide a full-process EDA tool system. According to public information, Huada Jiutian can provide a full-process EDA tool system for analog circuit design, which is also one of the world's leading EDA solutions for analog circuit design. The company aims to realize the construction of full-process tool system for integrated circuits in 2025, and fully realize the full-process coverage of EDA tools in various fields of integrated circuit design and manufacturing in 2030.

After the directors' adjustment, Huada Jiutian will be included in the consolidated statements of China Electronics Group in terms of financial treatment and managed as a consolidated enterprise of China Electronics Group. At the same time, China Electronics Group plans to adjust Huada Jiutian from a strategic shareholding enterprise to a holding enterprise for management, and the internal management regulations of China Electronics Group on holding enterprises shall apply. The actual controller of Huada Jiutian intends to change from no actual controller to China Electronics Group, the controlling shareholder of the company's largest shareholder.After the directors' adjustment, Huada Jiutian will be included in the consolidated statements of China Electronics Group in terms of financial treatment and managed as a consolidated enterprise of China Electronics Group. At the same time, China Electronics Group plans to adjust Huada Jiutian from a strategic shareholding enterprise to a holding enterprise for management, and the internal management regulations of China Electronics Group on holding enterprises shall apply. The actual controller of Huada Jiutian intends to change from no actual controller to China Electronics Group, the controlling shareholder of the company's largest shareholder.