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According to official website, China Electronics Group, China Electronics Group was established in May 1989, and it is an important state-owned backbone enterprise directly managed by the central government, with network information as its core business. As of the disclosure date of this announcement, China Electronics Group holds 184,900,804 shares of Huada Jiutian through its holding subsidiary China Electronics Co., Ltd. (hereinafter referred to as "China Electronics Co., Ltd.") and its wholly-owned subsidiary CLP Jintou Holdings Co., Ltd. (hereinafter referred to as "CLP Jintou"), with a total shareholding ratio of 34.06%.【 China electronic in time! 】【 China electronic in time! 】

【 China electronic in time! 】【 China electronic in time! 】China Electronic Design Automation (EDA) software industry in-depth analysis and development trend forecast research report released by China Commercial Industry Research Institute shows that the EDA market in China reached 12 billion yuan in 2023, accounting for about 10% of the global EDA market. Analysts of China Commercial Industry Research Institute predict that the EDA market in China will reach 13.59 billion yuan in 2024.

On the evening of December 9th, Huada Jiutian (301269.SZ), the leader of domestic EDA, announced that China Electronic Information Industry Group Co., Ltd. (hereinafter referred to as "China Electronics Group"), a central enterprise, would become the actual controller of the company, and many investors commented that Huada Jiutian was "officially incorporated". It is worth mentioning that Huada Jiutian and its related subsidiaries were just listed in the latest "entity list" of the US Department of Commerce last week.On the evening of December 9th, Huada Jiutian (301269.SZ), the leader of domestic EDA, announced that China Electronic Information Industry Group Co., Ltd. (hereinafter referred to as "China Electronics Group"), a central enterprise, would become the actual controller of the company, and many investors commented that Huada Jiutian was "officially incorporated". It is worth mentioning that Huada Jiutian and its related subsidiaries were just listed in the latest "entity list" of the US Department of Commerce last week.For a long time, the EDA market in China has been monopolized by three giants: Cadence, Synopsys and Siemens EDA. According to the report of China Commercial Industry Research Institute, the market share of the top three enterprises exceeds 70%; The market share of Huada Jiutian currently accounts for 5.9%, ranking first in China.