Development history of Liyan Control: pursuit of independent control

Since 2012, Liyan Control has been committed to breaking the monopoly of foreign capital and started to develop inductive signal processing chips (ASIC). After three years of hard work, the ASIC chip was successfully taped out in 2015 and the company was established. Mass shipments began in 2017, and in 2019 it was recognized by Bosch Huayu, the largest EPS steering system company in China, and successfully obtained two rounds of equity financing. In 2021, the localization process of chip foundry was launched. In July 2023, the revised and iterative chip was successfully taped out in China and passed third-party certification, realizing the independent control of core components.