Recently, Zhejiang Provincial Development and Reform Commission released a public notice titled "Announcement by the Provincial Development and Reform Commission on the Proposed Recognition of Provincial Engineering Research Centers for 2024". Phlexing Technology Co., Ltd. has successfully been approved to establish the "Zhejiang Provincial Engineering Research Center for IC EDA Sign-off".

The Engineering Research Center is dedicated to creating the industry's first unified  sign-off tool chains database, encompassing multiple EDA tools such as parasitic extraction, EMIR (Electromigration and IR Drop) analysis, power analysis, Thermal, and multi-physical field coupling analysis. The center aims to achieve domestic substitution, fill the gaps in China and reach the international leading level. 

Phlexing, a nationally recognized key "small giant" enterprise focusing on specialization and innovation, has been based on breakthroughs and innovations in underlying architecture and algorithms since its establishment in 2018. Phlexing has achieved breakthroughs and innovations in underlying architecture and algorithms through groundbreaking sign-off technology to delivercustomerssuperior PPA(Power, Performance, and Area) targets. .n addition, the company empowers the global IC industry by providing competitive, customized EDA solutions for both the design and manufacturing ends, facilitating Design-Technology Co-Optimization (DTCO).

Zhejiang Engineering and Technology Research Center is an important part of the innovation system of Zhejiang Province, which is an important initiative to implement the innovation-driven development strategy and further cultivate strategic scientific and technological forces in Zhejiang Province. The fact that Phlexing has been recognized as a provincial engineering research center among many participating companies demonstrates the recognition of Phlexing's technological research, innovation exploration and scientific and technological achievement transformation capability in the field of EDA Sign-off. The company will take this opportunity to continue in-depth research, realize major breakthroughs in key core technologies, promote the construction of provincial engineering research centers with high quality and high level, enhance the platform capacity, and empower collaborative innovation of the whole integrated circuit industry chain at the provincial and municipal levels.