Hefei Integrated Circuit Incubation Center. [Photo/WeChat ID: hefeigaoxinfabu]

On April 29, Artosyn, a developer of intelligent chips, reached an initial investment intention with Hefei National High-tech Industry Development Zone via an online negotiation, and plans to relocate its headquarters to the zone.

Many projects have been successful in Hefei, and several upstream and downstream industrial chains have been built there, attracting the attention of the entire semiconductor industry, according to Yao Haiping, chairman of Artosyn, who added that Hefei's sincerity in attracting projects impressed him greatly.

Hefei recently called on global companies and entrepreneurial teams to become partners in building industrial chains with various preferential policies in order to keep attracting investment to stabilize and develop industrial and supply chains amid the COVID-19 epidemic, and has launched a "cloud negotiation" campaign to discuss with those interested in coming to Hefei. During the campaign's first video conference, Artosyn's project was among those mentioned.