SITRI Announced Its New Management Structure by Appointing Mr. Mark Ding as New CEO

Shanghai, China —On June 29, 2018 — Shanghai Industrial μTechnology Research Institute (SITRI), an innovation incubation platform dedicated to the “More than Moore” industry, announced that Mr. Charles Yang was appointed deputy chairman and stepped down as CEO, and that Mr. Mark Ding was appointed CEO. This appointment took effect immediately.

“Mr. Mark Ding has rich experience and professional knowledge in the semiconductor integrated circuit field. I hope that under Mark’s leadership, SITRI, as the Innovative functional platform in construction of Shanghai as a science and technology innovation hub, can make continued efforts to further promote the perfection of ‘More than Moore’ industry chain and the development of creative application of Internet of Things (IoT),” Dr. Xi Wang, chairman of SITRI, director general of SIMIT, ?academician of CAS was quoted as saying, “meanwhile, I also think highly of Mr. Charles Yang’s contribution during his service at SITRI. Charles will focus on the National Intelligent Sensor Innovation Center in the future.”

Charles Yang, deputy chairman of SITRI, was quoted as saying, “Mr. Mark Ding has deep management expertise. I believe that his experienced leadership will help SITRI accelerate the research, development and industrialization of ‘More than Moore’, in advanced MEMS and sensors and IoT industry, serve the industry with new ideas, boost technology research and development, and expedite system innovation. I am looking forward to seeing a better future of SITRI.”

“First of all, I really appreciate the Board’s trust in me,” Mark Ding, CEO of SITRI, showed great expectation for his service at SITRI in the future and said, “many thanks to Mr. Charles Yang’s leadership, SITRI has laid a solid foundation in such aspects as innovation & research, engineering service, R&D and pilot test and ?investment & incubation since its founding. We really appreciate Charles’s contribution to SITRI. In the future, under the guidance of the Board of Directors, I will, in line with SITRI’s strategic deployment, lead the staff to make joint efforts to continually promote the construction of an innovation ecosystem and reach new heights!”

With the global leading 8-inch “More Than Moore” R&D pilot line as a crucial support, SITRI will allocate quality R&D resources and attract world-class professionals in such fields as “More than Moore”, core technologies of advanced sensor and IoT application, and adopt innovative systems and mechanisms in order to truly become one of four beams and eight pillars in the construction of Shanghai as a science and technology innovation hub and build a R&D center with global influence in the “More than Moore” field.

About SITRI:? Shanghai Industrial μTechnology Research Industry (SITRI) is committed to innovation and industrialization of the “More than Moore” technology and Internet of Things applications. As a global collaborative innovation center, the SITRI integrates R&D, engineering and incubation to provide innovative companies and partners with comprehensive services and solutions. The SITRI has established close cooperative relations with many famous enterprises, universities of higher learning and research institutes both at home and abroad, which will help the SITRI realize the efficient industrialization of innovative outcomes and speed up the establishment of the “More than Moore” technology and the Internet of Things ecological system. For more information, please visit www.wxtianlun.com

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