Anmou Technology held a general meeting: Independence remains unchanged, outside rumors are completely false

On the morning of May 6, Amou Technology (China) Co., Ltd. (hereinafter referred to as “Amou Technology”) held an online all-hands meeting for employees in multiple offices.The company’s new co-CEO Liu Renchen and Chen Xun made a collective appearanceconducted in-depth communication with employees on the company’s next phase plan.

With the arrival of the new leadership, what is the future direction of Amou Technology? In this regard, Liu Renchen emphasized at the meeting:

First,The independence of Amou Technology remains unchanged. The change of the company’s legal representative and CEO is not a unilateral act of any foreign shareholder. Therefore,The so-called “some foreign shareholders take back the joint venture company” is completely false.

second,Amou Technology’s strategy remains unchanged. The change of leadership does not affect the positioning and development of Amou Technology as an independent company with a majority stake held by Chinese investors, and will continue to maintain independent development in the future.Continue to provide services and support for the development of related industries in China.

third,Amou Technology’s commitment to employees remains unchanged. Regarding the Employee Stock Ownership Plan (ESOP), the company’s board of directors promised that, under the leadership of the new leadership, after the company’s smooth transition and operations return to normal, ESOP will be implemented immediately and options will be issued to existing ARM employees.

fourth,The framework of the organizational structure of Amou Technology remains unchanged, there is no so-called forced layoff plan. The new leadership will continue to deepen the talent strategy and continue to attract talent, cultivate talent and make good use of talent.

Chen Xun also said that China is now the most active market in the world for the development of semiconductors and core computing technologies. It has a chip design industry with an annual output value of over 100 billion yuan, which is unparalleled in terms of market size. Today’s Amou Technology not only has the full support of Chinese shareholders, but also has the support and recognition of foreign shareholders. Many partners will continue to support Amou Technology’s layout in the Chinese market and its future development policy.Adhere to the commitment to the Chinese marketand look forward to working closely with Amou Technology under the existing strategic framework to accelerate development under the leadership of the new leadership.