Zhejiang University Figures
Li Min, Chairman of Rockchip Electronics Co., Ltd.
Graduated with a bachelor’s degree in Optical Instruments from Zhejiang University in 1988 and obtained a master’s degree in Political Economics from Zhejiang University in 1991.In 2001, he co-founded Fuzhou Rockchip Electronics Co., Ltd. with Huang Xu, an alumnus from the 1985 Optical Instruments class. He has received honors such as being selected for the fourth batch of the National “Ten Thousand Talents Program”, Outstanding Entrepreneur of Fujian Province, First Outstanding Talent of Fuzhou City, and Haixi Entrepreneurial Talent.
In the past three months, the A-share market has experienced a volatile trend, with the Shanghai and Shenzhen indices reaching new highs since 2016. The semiconductor sector has performed particularly well, with the leading computing chip company Cambricon seeing a staggering increase of 124% in August, pushing its market value beyond 660 billion, surpassing Moutai to become the new stock king.
After two consecutive limit-up days, Rockchip, founded by alumnus Li Min from the 1984 Optical Instruments class, has a market value exceeding 100 billion, officially entering the trillion yuan club. For technology companies in the A-share market, breaking the 100 billion market value is a highly significant milestone. It not only indicates that the company has reached an important scale level but also sends a series of strong signals to the market, industry, investors, and the entire economy.
Congratulations to Senior Li Min!
Rockchip Electronics Co., Ltd.
Founder of Rockchip, Li Min
Rockchip (stock code: 603893) was established in 2001 and is headquartered in Fuzhou, with branches/subsidiaries in Shenzhen, Shanghai, Beijing, Hangzhou, and Hong Kong. It focuses on integrated circuit design and R&D, and has developed into a leading company in IoT (Internet of Things) and AIoT (Artificial Intelligence of Things) processor chips.
Rockchip has a research and development team specializing in system-on-chip (SoC), analog circuit chip design, and algorithm research, with rich experience and technical reserves in processor and mixed-signal chip design, multimedia processing, image algorithms, and system software development. In addition to various types of processor chips, Rockchip’s main products also include power management chips, mixed-signal chips, optoelectronic products, and development board products.
As a leading enterprise in the domestic AIoT SoC chip field, Rockchip benefits from the continuous expansion of the global AIoT market.Rockchip’s semi-annual report is impressive, with revenue of 2.045 billion yuan, a year-on-year increase of 63.85%, and a net profit attributable to the parent company of 515 million yuan, a year-on-year increase of 191.63%.
It is worth mentioning that Rockchip has demonstrated exceptional operational capabilities, never incurring a loss in the past decade. Since its listing in 2020, the company’s stock price has risen from the issue price of 9.68 yuan to 237 yuan, an increase of 20 times.The total cash dividends distributed amount to approximately 1.27 billion yuan, with an average annual cash dividend ratio of 59%.
Rockchip’s revenue and profit over the past 10 years
Zhejiang University Affiliated Trillion Yuan Club
In addition to Rockchip, other listed companies founded by Zhejiang University alumni, such as Pinduoduo, Tonghuashun, Beike, Lanke Technology, and Guangqi Technology, are also members of the trillion yuan club. Companies like Huajin Technology, Leap Motor, Hengsheng Electronics, Giant Network, Silan Microelectronics, Putailai, Tianci Materials, and Tongce Medical have also seen their market values exceed 100 billion at times.
We hope to see more leading enterprises from Zhejiang University emerge in the trillion yuan club.
As of August 29, 2025