Xinhuazhang Technology Co. Ltd.

What Xinhuazhang Technology Co. Ltd. does

Xinhuazhang Technology Co. Ltd., operating as X-EPIC, is a privately held system-level verification EDA (Electronic Design Automation) solution provider founded in 2020 and headquartered in Nanjing, China. The company develops high-speed simulation and verification tools targeting super-large-scale chip designs, with its flagship product GalaxSim Turbo capable of handling 100 billion gates and a complementary comprehensive debug solution aimed at system verification efficiency. Together these products are positioned as a platform for agile verification of complex semiconductor designs, with explicit emphasis on automotive-grade reliability requirements.

X-EPIC serves a horizontal customer base of IDM companies, fabless semiconductor firms, and chip design houses, and has extended into automotive electronics through its 2023 investment in Optima Design Automation. The company is venture-backed by a roster that includes Hillhouse Investment, SMIC, V Fund Management, Dashu Evergreen, Green Pine Capital Partners, ZhenFund, CICC, Henglu Assets, Mirae Asset Venture Investment, and CITIC Technology, and it achieved unicorn status when named on the Hurun Global Unicorn Index 2023. The company has scaled to approximately 500 employees across 9 R&D centers in three years, and operates a dedicated overseas sales channel in addition to its domestic China enterprise sales motion.

The business model is enterprise software licensing of EDA tools, complemented by professional services for technical support, with pricing not publicly disclosed and direct enterprise sales as the primary go-to-market. Distribution relies on field sales to semiconductor and system-on-chip companies, supplemented by industry-conference presence (notably the DAC conference) for top-of-funnel visibility. The company is incorporated as XEPIC Corporation Limited under Chinese jurisdiction, with a stated global footprint aspiration and an explicit overseas division supporting international expansion.

Name

Xinhuazhang Technology Co. Ltd.

Legal name

XEPIC Corporation Limited

Website

https://x-epic.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

101–250 employees

Short description

Xinhuazhang Technology (X-EPIC) is a Chinese EDA vendor founded in 2020 that builds high-speed simulation and verification tools for super-large-scale chip designs, serving fabless semiconductor firms, IDMs, and automotive electronics customers.

Ownership category

akta.pro rank

Product category

Electronic Design Automation (EDA) Software

NAICS

Semiconductor Machinery Manufacturing (333242)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

EDA Software Platforms (Digital Implementation, Verification & Signoff) (HDAHAFAA)

akta.pro secondary industries

System-on-Chip (SoC) Platforms (Mobile/Consumer/Embedded) (HDAHAJAC), Automotive & Industrial ICs (ADAS/Powertrain/Factory/Robotics) (HDAHABAD)

Keywords

• EDA verification software
• Chip design automation
• Semiconductor simulation tools
• System-level verification
• High-speed circuit simulation

Headquarters

HQ city

Nanjing

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. EDA Software Licenses: Enterprise software licensing model for verification EDA tools including GalaxSim Turbo and comprehensive debug solutions sold to semiconductor companies and fabless design houses.
2. Professional Services: Technical support and consulting services provided alongside EDA software products for enterprise customers.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Xinhuazhang Technology (X-EPIC) develops and sells Electronic Design Automation (EDA) verification software for super-large-scale semiconductor chip designs. Its flagship GalaxSim Turbo is a next-generation high-speed simulator with a 100 billion gate capacity, complemented by a comprehensive debug solution for system-level verification. The company primarily serves semiconductor companies, fabless design houses, and automotive electronics firms requiring high-performance verification of complex chip designs.

Product overview

Xinhuazhang Technology Co. Ltd. (X-EPIC) is a system-level verification EDA (Electronic Design Automation) solution provider. The company offers a portfolio of verification tools centered around its high-speed simulator GalaxSim Turbo and a comprehensive debug solution. These products work together to enable agile verification of super-large-scale chips, targeting semiconductor design teams requiring high-capacity simulation capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• GalaxSim Turbo A next-generation high-speed electronic design verification simulator for super-large-scale semiconductor chips with a 100 billion gate capacity. It enables agile verification workflows for complex chip designs and is targeted at semiconductor companies, fabless design houses, and chip design firms requiring high-capacity simulation capabilities.
• Comprehensive Debug Solution A comprehensive debugging solution designed to boost the efficiency of system-level chip verification, enabling verification engineers to identify and resolve issues during the chip development process. Targeted at semiconductor design and verification engineering teams.

Quantifiable outcome

• Supports verification of chips with 100 billion gates capacity

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Optima Design AutomationcoreStrategic or Co-development Partner · 19 May 2023X-EPIC made a strategic investment in Optima Design Automation, an automotive electronic solutions company, to strengthen X-EPIC's ability to provide automotive-grade verification solutions and expand into the automotive semiconductor market.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Synopsys: Synopsys is the largest global EDA vendor, offering VCS (its flagship digital verification simulator), formal verification, emulation, and a full chip-design toolchain. It is the most direct competitive analogue to X-EPIC in the verification segment and represents the primary incumbent X-EPIC must displace in China and abroad.
• Cadence Design Systems: Cadence is the #2 global EDA vendor with Xcelium (its high-performance digital simulator) and a broad digital/analog/mixed-signal verification portfolio. Comparable to X-EPIC across digital simulation, debug, and automotive-grade verification, and one of the two dominant alternatives Chinese customers can choose between.
• Siemens EDA (formerly Mentor Graphics): Siemens EDA's Questa family provides digital, formal, and analog/mixed-signal verification. Comparable to X-EPIC at the verification layer and, post Siemens acquisition, embeds EDA inside a broader industrial software stack relevant to X-EPIC's automotive customers.

Direct peers

• Empyrean Technology: Empyrean is the leading Chinese domestic EDA full-stack provider (analog, digital, signoff, fabrication). It is the closest China-based peer to X-EPIC and the most likely direct competitor for Chinese chip-design customers seeking locally developed EDA tools.
• Primarius Technologies: Primarius is a Chinese EDA company focused on device modeling, circuit simulation, and characterization tools. It overlaps with X-EPIC in the broader Chinese EDA ecosystem and competes for the same domestic substitution budget at fabless and IDM customers.

Emerging players

• Ultra EDA (Xpeedic): Xpeedic is a Chinese EDA startup offering electromagnetic simulation and parasitic extraction tools. Comparable to X-EPIC as a fellow Chinese EDA challenger addressing specific verification/signoff pain points and competing for the same investor and customer ecosystem.
• Arcas-Tech: Arcas-Tech is a Chinese EDA startup focused on logic synthesis and P&R tools. It is comparable to X-EPIC as a domestic Chinese EDA peer addressing the same fabless customer base and the same domestic substitution opportunity.

Others

• Ansys: Ansys provides multiphysics simulation (thermal, structural, electromagnetic) increasingly used alongside chip-design EDA flows. Comparable to X-EPIC where verification and simulation converge (e.g., signal integrity, power integrity), and a potential long-term consolidation target or adjacent capability partner.
• Keysight Technologies: Keysight provides electronic design automation software (PathWave / EEsof) and test & measurement instrumentation used in chip validation. Comparable to X-EPIC at the intersection of design and measurement, particularly in RF and high-speed digital verification workflows.
• Semiconductor Manufacturing International Corporation (SMIC): SMIC is a leading Chinese foundry and a strategic investor in X-EPIC's 2020 round. While not an EDA peer, SMIC is the key foundry-customer ecosystem partner for Chinese EDA tools, providing PDKs and design-start enablement that underpin X-EPIC's ability to compete in domestic accounts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds4 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Xinhuazhang Technology Co. Ltd.