Intchains Group Ltd. (China)

The Company is an ASIC chip design company. The Company offers offers integrated solutions consisting of high-performance ASIC chips and ancillary software and hardware for blockchain applications. Intchains Group serves customers worldwide.
The Company utilize a fabless business model and specialize in the front-end and back-end of IC design, which are the major components of the IC product development chain. It have established strong supply chain management with a leading foundry, which helps to ensure product quality and stable production output.
The Group has only one operating segment, which was IC development and research and sales of products for the year ended December, 2020, 2021 and 2022. All revenue from external customers is derived from Mainland China. Further, all the employees and principal assets employed by the Group are located in China, PRC.
History
2021: The Company was incorporated on June 28, 2021 and became the holding Company of the Companies now comprising the Group on December 6, 2021.

Shortly after its incorporation, Intchains Group Limited incorporated a wholly-owned subsidiary in the British Virgin Islands, or BVI, namely, Intchains Investment (BVI) Limited, or Intchains BVI. In October 2021, Intchains Global Limited, or Intchains Global, was incorporated in the BVI as a wholly-owned subsidiary of Intchains Group Limited.
2022: In February 2022, Intchains Global acquired 100 equity interest in Intchains Pte. Ltd., or Intchains Singapore, a private limited company incorporated in Singapore, for the purpose of holding our planned business in Singapore. Following the incorporation of Intchains BVI, Intchains Technology (Hongkong) Limited, or Intchains HK, was incorporated in Hong Kong in July 2021 as a wholly-owned subsidiary of Intchains BVI.
The Company have applied to have its ADSs listed on the Nasdaq under the symbol ICG .