Vanchip Technology Co., Ltd.(SHSE:688153) added to Shanghai Stock Exchange Composite Index

Vanchip Tianjin Technology Co Ltd is a China-based company mainly engaged in the design, development and sales of Radio Frequency (RF) front-end chips. The Company mainly provides customers with integrated circuit products such as RF power amplifier module products, RF switch chips, Wi-Fi RF front-end modules and receiver modules. Its products are mainly used in various terminal products with wireless communication functions such as smart phones, tablet computers, wireless routers, and smart wearable devices. Its customers mainly include smartphone brand companies, original design manufacturers (ODMs) and terminal brand manufacturers. The Company mainly conducts its businesses in the domestic market.