(Shanghai, China - 9th June 2010) On June 7th, 2010, the Golden Ant Award Ceremony for National Golden Card Project Achievements sponsored by the State Leading Group Office of Golden Card Project Coordination was held in Beijing. Shanghai Hua Hong NEC Electronics Company Ltd. ("Hua Hong NEC"), one of the leading pure-play foundries in the world, has won "The Golden Ant Award - Excellent Application Achievement Award" for its independently researched and developed SONOS 0.13um eFlash technology. Receiving this award for the third consecutive year affirms the long-term accomplishment Hua Hong NEC has obtained in the smart card field, and further reflects the leadership role it has taken in the field of embedded non-volatile memory (NVM) and its innovation ability.

"The Golden Ant Award" is the most prestigious and authoritative award in the industry. It is set up to recognize and encourage IT enterprises and other social units focused on innovation and exploration to make great efforts and contributions to the healthy and sustainable development of the Golden Card Project. "Ant" refers to assiduousness, like an ant gnawing at a bone. "The Golden Ant Award" is derived from the spirit of independent innovation, exploration, perseverance and struggle.

Hua Hong NEC is dedicated to offer outstanding specialty foundry service to customers. With its advanced embedded non-volatile memory technology, the Company makes great achievements in the smart card foundry field. Hua Hong NEC has been one important manufacturer of smart card ICs and SIM card ICs in China. The SONOS 0.13um eFlash technology which wins "The Golden Ant Award - Excellent Application Achievement Award" is currently the most advanced embedded non-volatile memory technology in mass production in the foundry field. This technology is characteristic with low programming voltage, high yield, low testing/production cost, area optimization, and is highly compatible with standard CMOS technologies. It is especially suitable for the smart card production due to its nature of high reliability and low cost. Hua Hong NEC's 0.13um embedded electrically erasable programmable read-only memory (EEPROM) is built on existed 0.13um embedded Flash platform, enabling the perfect compatibility of Flash and EEPROM at the same technology platform. It is also the unique foundry technology in this industry which can support Flash & EEPROM simultaneously on one product providing customers more flexible design solutions and satisfying customers' various needs.

Being awarded "The Golden Ant Award", Hua Hong NEC is further encouraged to lift up the "Ant" spirit to develop more advanced smart card foundry process platforms, and to make more contributions to the development of China's smart card industry as well as Internet of Things industry.

About Hua Hong NEC:

Founded in July 1997, Shanghai Hua Hong NEC Electronics Company Limited is the first 8 inch semiconductor manufacturer of Mainland China and has become one of the world's leading pure-play wafer foundries, providing value-added foundry services to worldwide customers. The Company has two 8-inch foundry production lines in Mainland China which are both in mass production with the total capacity around 90K wafers per month. Hua Hong NEC, with its headquarters located in Shanghai China, extends its sales and technical support to Taiwan, Japan, North America and Europe.

Based on its solid foundation in 1.0~0.13um processes, Hua Hong NEC's featured process platforms include embedded NVM, analog/power management, HV, RF and discrete device as well as logic, mixed signal possesses for a wide range of applications such as smart card, communications, consumer electronics, computer and automotive electronics.

Hua Hong NEC provides first-class round-the-clock services, including design support, library/IP, mask layout, wafer processing, wafer sorting, reliability testing and failure analysis. Collaborating with its partners, Hua Hong NEC also provides one stop services including mask manufacturing, package and final testing.

To date, Hua Hong NEC has been awarded various international certifications such as ISO9001 for quality system, ISO14001 for environmental protection, ISO27001 for information security, OHSAS18001 for occupational health safety, VEU authorization from the U.S. Commerce Department's BIS, and the letter of conformance of TS16949 for quality management. Proven by such certifications, Hua Hong NEC ensures its customers of high product quality and information security.