Mission Statement, Vision, & Core Values (2026) of China Resources Microelectronics Limited.

From its founding in 2003 as part of China Resources Group to its diversified footprint across consumer, automotive and industrial markets, China Resources Microelectronics Limited combines IC design, wafer manufacturing, packaging and testing to drive products such as power devices, power modules, power ICs and intelligent sensors - a strategy reflected in its 2024 revenue of 10.12 billion yuan (up 2.2% year‑on‑year) and an enterprise value of 64.28 billion yuan as of December 2025; guided by the mission to "empower a better life with CR Micro", the company pursues its vision to become "the global leading product and solution supplier of power semiconductor and intelligent sensor" while grounding daily operations in core values of integrity, performance‑driven execution, people‑orientation and win‑win cooperation - a combination of purpose, scale and measurable momentum that sets the stage for the detailed exploration ahead

China Resources Microelectronics Limited (688396.SS) - Intro

• Founded: 2003; subsidiary of China Resources Group, listed as 688396.SS.
• Business scope: integrated semiconductor value chain - IC design, wafer manufacturing, packaging & testing.
• Product lines: power devices, power modules, power ICs, intelligent sensors & control solutions.
• End markets: consumer electronics, automotive electronics, industrial automation, energy management, and IoT.
• 2024 revenue: 10.12 billion yuan (▲ 2.2% vs. 2023, when revenue was ~9.91 billion yuan).
• Enterprise value (Dec 2025): 64.28 billion yuan.

• Deliver reliable, energy-efficient semiconductor solutions that enable safe, intelligent electrification across consumer, industrial, and automotive sectors.
• Build a resilient domestic semiconductor supply chain through vertical integration and scale-up of foundry, packaging & testing capabilities.
• Translate China Resources Group's strategic industrial investments into commercially competitive chip products and modules.

• Be a leading integrated power semiconductor and intelligent sensing solutions provider in China and a globally recognized partner for energy-efficient electronics.
• Achieve sustained technology leadership in power ICs and modules, supporting electrification and automation trends across major industries.
• Create long-term shareholder value through steady revenue growth, operational excellence, and strategic capacity expansion.

• Customer-centricity - prioritize reliability, performance and service for OEMs and system integrators.
• Quality & compliance - maintain high manufacturing and testing standards across the integrated chain.
• Innovation - invest in process, design and packaging advances for power semiconductors and sensors.
• Collaboration - leverage China Resources Group's ecosystem and external partnerships for scale and market access.
• Sustainability - focus on energy-efficient products and responsible manufacturing practices.

• Integrated model: design → wafer fab → packaging & testing reduces supply-chain dependency and shortens time-to-market for products.
• Diversified end-market exposure mitigates cyclical risks in any single segment (consumer, auto, industrial).
• Steady revenue growth (2024: 10.12 billion yuan, +2.2%) indicates resilience amid semiconductor industry headwinds.

China Resources Microelectronics Limited (688396.SS) - Overview

• Customer-centricity: the mission implies solutions designed to directly enhance end-user capabilities and product experiences.
• Innovation-led growth: sustained investment in R&D to translate semiconductor advances into consumer, industrial, and infrastructure applications.
• Societal contribution: aligning commercial objectives with broader social benefits (connectivity, efficiency, safety).
• Long-term consistency: an enduring strategic direction focused on integrating technology with daily life.

• Product breadth: focus on power management ICs, analog/mixed-signal devices, and components that underpin smart devices and industrial electronics.
• Partnerships: collaboration with device manufacturers and system integrators to embed CR Micro components into mass-market products.
• Sustainability and governance: positioning as a responsible corporate citizen while scaling semiconductor manufacturing and supply capability.

• R&D intensity: sustained double-digit R&D share supports product upgrades, process improvement, and IP accumulation.
• Customer enablement: design wins across consumer electronics, industrial controls, and power systems that translate mission into measurable adoption.
• Quality and reliability targets: manufacturing yield and product reliability KPIs aligned with "better life" outcomes (fewer failures, longer lifecycles).

China Resources Microelectronics Limited (688396.SS) - Mission Statement

• Deliver reliable, high‑efficiency power semiconductor products (IGBTs, MOSFETs, SiC devices) and integrated modules to reduce system energy loss and total cost of ownership.
• Develop intelligent sensors and MEMS solutions for industrial, automotive, and consumer markets to enable smarter systems and safer operations.
• Provide end‑to‑end solutions (components, modules, reference designs, and software) to accelerate customer time‑to‑market.
• Maintain rigorous quality, supply‑chain resilience, and localized manufacturing to support global customers with predictable delivery.

• Global leadership: expand market share outside China across EV powertrains, renewable energy converters, industrial drives, and sensing nodes for smart infrastructure.
• Product + solutions: couple discrete/power modules with reference designs, thermal and reliability engineering, and software integration for system optimization.
• Innovation focus: prioritize SiC and advanced MOSFET platforms, high‑performance sensors, and integrated power management solutions.
• Scale & localization: build capacity and strategic partnerships to ensure competitive cost, supply security, and service for international customers.

• SiC adoption: accelerating in EV inverters and fast chargers - strategic opportunity for higher‑margin modules.
• Integrated solutions: customers prefer suppliers offering components plus thermal/mechanical packaging, software, and system validation.
• Regulatory and standards alignment: automotive and industrial certifications drive long‑term design‑win value.

• Intensive R&D: advance SiC, trench MOSFET, IGBT, and sensor MEMS platforms; invest in reliability and thermal management.
• Manufacturing scale‑up: expand wafer capacity, verticalize packaging/test, and diversify fabs to reduce geopolitical and supply risks.
• Global go‑to‑market: strengthen sales engineering teams, design‑win support, and local partnerships in Europe, North America, and Asia Pacific.
• Ecosystem partnerships: collaborate with OEMs, Tier‑1 suppliers, and design houses for system‑level integration.
• Talent & governance: recruit senior semiconductor, automotive, and sensor specialists and build corporate governance to support global operations.

China Resources Microelectronics Limited (688396.SS) - Vision Statement

• Integrity: ethical conduct, transparent governance, and compliance as foundations for stakeholder trust.
• Performance-driven: rigorous targets, KPI-led management, and continuous process improvement to deliver high-quality products and timely execution.
• People-oriented: investment in talent development, safety, and inclusive culture to retain and grow technical and managerial capabilities.
• Win-win cooperation: long-term partnerships across the supply chain, customers, and research institutions to share value and accelerate innovation.

• R&D leadership-sustained investment in process, design IP, packaging and test capabilities to secure product roadmap and differentiation.
• Capacity and quality scaling-expanding fab and assembly/test capacity while maintaining first-pass yield and reliability targets.
• Ecosystem integration-deepening ties with domestic system integrators, state projects, and global partners under mutually beneficial terms.

• Integrity: Zero major compliance incidents; 100% implementation of audit recommendations.
• Performance-driven: Year-over-year revenue growth target 15-25% until scale parity with top peers.
• People-oriented: Annual employee retention >90%; training hours per employee >40 hours/year.
• Win-win cooperation: >30 strategic partnership agreements; supplier on-time delivery >98%.

• Scaled R&D centers focused on secure MCU, analog, and power management IPs-supported by multi-year funding commitments.
• Fab and outsourcing mix optimized to manage CAPEX while protecting yield and delivery timelines.
• Talent programs: graduate recruitments, technical fellow tracks, and cross-functional rotations to embed the people-oriented value.