Core Insights - The article discusses a leadership change at Chip Hwa Zhang, with the appointment of new co-CEOs to enhance strategic execution and market alignment [1][2] - The company aims to strengthen its competitive edge by focusing on technology, product, and ecosystem integration during a critical phase of technology value release and market expansion [2] Group 1: Leadership Changes - Chip Hwa Zhang has appointed Xie Zhonghui and Qi Zhenghua as co-CEOs, while Wang Libin continues as Chairman, to drive strategic resource integration and financing efforts [1] - The new co-CEOs bring extensive experience in the semiconductor industry, with Xie having nearly 30 years of industry insight and Qi over 20 years in EDA project management [1] Group 2: Strategic Focus - The management upgrade is intended to create a more efficient strategic transmission mechanism, reinforcing the company's competitive strength in technology, product, and ecosystem [2] - Chip Hwa Zhang plans to enhance its full-process verification toolchain around key customer scenarios and collaborate with ecosystem partners to build an open and efficient chip development environment [2]