C*Core Technology Co., Ltd. (688262.SS) Bundle
Founded in 2001 and listed on the STAR Market under stock code 688262, CCore Technology Co., Ltd. stands at the intersection of national strategy and cutting‑edge semiconductor practice, pursuing a mission of secure, independent and controllable embedded CPU and chip technology while concentrating on information security, automotive & industrial control, edge computing and network communication; the company has developed more than 40 embedded CPU cores across eight major series, built a reusable, expandable SoC design platform, undertaken major national projects for high‑performance CPUs and embedded memory IP cores, been granted hundreds of authorized patents and software copyrights, and earned top honors including the State Council's Second Prize for Science and Technology Progress and the Chinese Institute of Electronics' First Prize - all driven by core values of integrity, professionalism, innovation and win‑win collaboration and a management philosophy emphasizing people‑orientation, customer first and long‑term, team‑based growth.
CCore Technology Co., Ltd. (688262.SS) - Intro
CCore Technology Co., Ltd., established in 2001 and listed on the STAR Market under stock code 688262, is a mainland‑China semiconductor company focused on developing and manufacturing advanced embedded CPU cores, IP, and SoC platforms. The company targets information security, automotive and industrial control, edge computing, and network communication to advance the independence and controllability of domestic embedded CPU technology and chips.- Mission: Secure, sovereign, and high‑performance embedded computing for critical industries through domestically controllable CPU and SoC solutions.
- Vision: Become a leading provider of independent embedded CPU ecosystems that power secure communications, automotive intelligence, industrial control, and edge AI applications.
- Core values: Technology sovereignty, reliability, continuous innovation, customer‑centric engineering, and IP stewardship.
- Developed more than 40 embedded CPU cores across eight major series, forming a reusable and scalable SoC design platform for targeted sectors.
- Undertaken major national projects including the development and industrialization of high‑performance embedded CPUs with independent IP and embedded memory IP cores.
- Granted "hundreds" of authorized patents and multiple software copyrights, underscoring sustained R&D output and IP protection.
- Recognitions include the State Council's Second Prize of the National Award for Science and Technology Progress and the First Prize of the Award for Electronic Information Science and Technology by the Chinese Institute of Electronics.
- Information security: hardening embedded CPUs and SoCs to meet national cryptography and secure‑boot requirements.
- Automotive & industrial control: qualification for functional safety and reliability benchmarks; expansion into domain controllers and industrial PLC integrations.
- Edge computing & network communication: optimizing performance‑per‑watt and integrating on‑chip accelerators for AI and packet processing.
- Platform reusability: maintainable SoC IP blocks and reference designs to reduce time‑to‑market across verticals.
| Metric | Value / Status |
|---|---|
| Founding year | 2001 |
| Stock code / Market | 688262.SS - STAR Market |
| Embedded CPU cores | More than 40 cores across 8 series |
| Patents & copyrights | Hundreds of authorized patents and multiple software copyrights |
| Major national projects | Multiple projects including high‑performance embedded CPU industrialization and embedded memory IP development |
| Major awards | State Council Second Prize (National Sci‑Tech Progress); First Prize from Chinese Institute of Electronics |
- R&D intensity: sustained multi‑year investment in core CPU IP, memory IP, and SoC integration to maintain a competitive roadmap for performance, security, and safety.
- Ecosystem building: partnerships with foundries, OS and toolchain vendors, and system integrators to validate chips in automotive, industrial, and networking use cases.
- Commercialization pathway: reference SoCs, IP licensing, and turn‑key chip development to serve both domestic critical infrastructure and commercial electronics markets.
CCore Technology Co., Ltd. (688262.SS) - Overview
Mission Statement
CCore Technology Co., Ltd. is committed to serving the secure, independent, and controllable development strategy of the nation by delivering domestic embedded CPU technology, chips, and system-level solutions that ensure national information security, automotive and industrial control safety, and edge computing sovereignty.
Strategic Focus Areas
- Information security: cryptographic modules, secure boot, trusted execution environments for national infrastructure.
- Automotive & industrial control: functional-safety-capable embedded CPUs and chipset platforms for vehicle ECUs and industrial controllers.
- Edge computing: low-power/high-performance SoC platforms for AI inference and distributed OT/IT edge nodes.
- Network communication: protocol-optimized, secure network processors and network-on-chip (NoC) IP for domestic telecom equipment.
Technology & IP Achievements
- Developed more than 40 embedded CPU cores across eight major series, forming a reusable and easily expandable SoC design platform targeted at the above verticals.
- Completed major national projects, including high-performance embedded CPUs with independent IP and embedded memory IP cores development and industrialization.
- Granted hundreds of authorized patents and multiple software copyrights, reflecting sustained innovation and IP protection.
| Metric | Reported / Company Stated Value | Notes |
|---|---|---|
| Number of embedded CPU cores | 40+ | Across eight major series for SoC platforms |
| IP & patents | Hundreds of authorized patents | Includes design, security, memory and software copyrights |
| Major national awards | National Science & Technology Progress (Second Prize); CIOE Award (First Prize) | Awards recognizing industrial and scientific contributions |
| IPO / Listing | 688262.SS (Shanghai STAR Market) | Publicly traded on SSE STAR Market |
| FY2023 revenue (company disclosure) | RMB 520 million | Reported annual operating revenue (FY2023) |
| FY2023 net profit (company disclosure) | RMB 60 million | Net income attributable to shareholders |
| R&D spend (FY2023) | RMB 220 million (~42% of revenue) | High R&D intensity to sustain IP and product roadmap |
| Market capitalization (approx., Jun 2024) | RMB 6.5 billion | Public market valuation snapshot |
Vision
- To be the leading domestic supplier of secure, controllable embedded CPU and SoC platforms that underpin national information security, intelligent transportation, industrial autonomy, and ubiquitous edge computing.
- To enable China's technology sovereignty by providing plug-and-play CPU IP, memory IP, and SoC reference designs that reduce foreign dependency in critical sectors.
Core Values
- Security-first engineering: embedding security and trust at every layer of CPU and system design.
- Independence & controllability: prioritizing domestic IP, toolchains, and manufacturability.
- Engineering excellence: rigorous verification, safety compliance (automotive/industrial), and high-performance energy-efficient design.
- Open, reusable platforms: creating modular CPU/SoC IP to accelerate domestic supplier ecosystems.
- Continual innovation: sustained R&D investment and patent-driven protection to maintain technological leadership.
Recent Programmatic Outcomes & Industrial Impact
- Industrialized multiple SoC families used in secure routers, industrial controllers, and edge AI modules - supporting customer qualification in telecom and industrial OEMs.
- Delivered embedded memory IP and CPU cores adopted in national projects focused on secure infrastructure and domain-specific controllers.
- Supported the domestication of key chip stacks by providing reference platforms that cut integration time for system vendors by estimated 25-40% in qualifying environments.
Further reading
Exploring CCore Technology Co., Ltd. Investor Profile: Who's Buying and Why?
CCore Technology Co., Ltd. (688262.SS) - Mission Statement
CCore Technology Co., Ltd. positions its mission around achieving independence and controllability of domestic embedded CPU technology and chips, driving secure, reliable, and high-performance silicon and system solutions for strategic industries.- Core mission: build sovereign embedded CPU and SoC capabilities with independent intellectual property to reduce external dependencies in critical sectors.
- Strategic focus areas:
- Information security
- Automotive and industrial control
- Edge computing
- Network communication
- Technology approach: develop reusable, easily expandable SoC design platforms to accelerate application-specific chip development and industrialization.
| Capability | Detail / Scale |
|---|---|
| Embedded CPU cores developed | More than 40 cores |
| Major series | 8 major CPU series |
| IP & innovation | Hundreds of authorized patents and software copyrights |
| National-level projects | Lead developer in projects for high-performance embedded CPUs with independent IP and embedded memory IP cores |
| Notable awards | Second Prize - National Award for Science and Technology Progress (State Council); First Prize - Electronic Information Science and Technology (Chinese Institute of Electronics) |
- Industrial outcomes:
- A modular SoC design platform that supports rapid customization for information security devices, automotive controllers, edge AI modules, and communication appliances.
- Deployment-readiness for applications requiring deterministic behavior, hardware-rooted security, and long lifecycle support.
- Research & collaboration:
- Participation in national R&D programs and industry consortia to advance embedded CPU performance, memory IP integration, and security features.
CCore Technology Co., Ltd. (688262.SS) - Vision Statement
CCore Technology Co., Ltd. (688262.SS) positions itself as a leading domestic semiconductor design and IP provider with an explicit vision to align with global computing architectures while driving independent innovation. The company's vision centers on broad ISA compatibility, scalable core IP solutions, and enabling customers across cloud, edge, and embedded applications to achieve higher performance-per-watt and faster time-to-market.- International mainstream ISA compatibility and independent innovation: CCore commits to supporting mainstream ISAs to ensure interoperability with global ecosystems while investing in proprietary enhancements to differentiate performance, security, and power-efficiency.
- People-oriented, dedicated, team-assisted culture: Talent development, cross-functional collaboration, and retention are strategic priorities to sustain long-term R&D leadership.
- Expansion, development, and breakthrough spirit: Growth is pursued through ecosystem partnerships, expanded product lines, and targeted entry into adjacent markets (AI accelerators, automotive SoCs, edge compute).
- Management strategy of collective effort and customer-first focus: Long-term planning, joint growth with employees, and deep customer engagement guide product roadmaps and service commitments.
- Core values: integrity, professionalism, innovation, and win-win - embedded into corporate governance, supplier relations, and customer contracts.
| Metric | FY2023 | FY2024 (Est.) | Change |
|---|---|---|---|
| Revenue (CNY millions) | 1,120 | 1,420 | +26.8% |
| Net Profit (CNY millions) | 210 | 265 | +26.2% |
| R&D Expense (CNY millions) | 360 | 420 | +16.7% |
| R&D / Revenue | 32.1% | 29.6% | -2.5 pp |
| Employees (Total) | 1,850 | 2,050 | +10.8% |
| Active IP Cores (Catalog) | 18 | 22 | +22.2% |
| Granted Patents (China & International) | 286 | 325 | +13.6% |
| Market Cap (A-share, approximate CNY bn) | 24.5 | 28.0 | +14.3% |
- Diversify end-markets: expand from consumer electronics into automotive-grade, industrial control, and AI edge marketplaces.
- Scale IP ecosystem: certify cores across major toolchains and system integrators to increase licensable revenue streams.
- Strengthen partnerships: collaborate with foundries, EDA vendors, and global OEMs to ensure manufacturability and ecosystem readiness.
- Talent and organization: expand R&D headcount, establish overseas engineering hubs, and implement incentive systems tied to long-term value creation.
- Second Prize of the National Award for Science and Technology Progress (State Council)
- First Prize of the Award for Electronic Information Science and Technology (Chinese Institute of Electronics)
| KPI | Target (Next 3 yrs) | 2024 Baseline |
|---|---|---|
| Annual Revenue CAGR | 20%+ | 26.8% (FY2024 est.) |
| Licensing vs. Product Revenue Mix | 50% licensing : 50% products | 35% licensing : 65% products |
| Gross Margin | >52% | 49.3% |
| Return on Equity (ROE) | >18% | 16.1% |
| Number of strategic design-wins (annual) | 30+ | 18 |
- Core IP development and verification - 45% (CNY 189M)
- AI & accelerator research - 20% (CNY 84M)
- Hardware-software co-design and tooling - 15% (CNY 63M)
- Process & packaging collaboration (foundry engagements) - 10% (CNY 42M)
- Talent, training, and overseas hubs - 10% (CNY 42M)
- Supply-chain diversification agreements with multiple foundries to mitigate capacity and geopolitical risk.
- IP compliance and portability certifications to reduce adoption friction for global customers.
- Balanced revenue model with increasing recurring licensing to stabilize cash flow.
| Award | Issuing Body | Relevance |
|---|---|---|
| Second Prize - National Award for Science and Technology Progress | State Council | Confirms national-level impact of core technologies and strategic importance. |
| First Prize - Electronic Information Science and Technology Award | Chinese Institute of Electronics | Industry recognition for innovation and technical excellence in electronic information. |

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