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Empyrean Technology华大九天

301269Founded 2009Beijingempyrean.com.cnReviewed 2026-08-30

Empyrean is China's most important domestic EDA software company, but it is not a one-for-one substitute for Synopsys, Cadence, or Siemens EDA across the full advanced digital design flow.

Scale

~$184.3Mrevenue FY2025 · CNY 1.3B
~$6.5Bmarket cap · 2026-10-04

Gap vs frontier

Bottlenecksector position

Sector-level position; no priceable accelerator silicon to compare chip-by-chip.

Empyrean Technology: bottleneck tier in EDA software, ~$184.3M FY2025 revenue.

The chip stackEach layer depends on the layers below it
1 · ChipsWhat the stack produces
2 · Design toolsSoftware and IP to design them
EDA · Bottleneck
3 · ManufacturingPlants that turn designs into silicon
4 · EquipmentMachines inside the plants
5 · MaterialsWhat the plants consume

Company at a glance

Scale

Revenue up 31% since FY2023

Growth prospects

Expanding customer base and product roadmap

2024 revenue RMB 1,222,354,443.47 (+20.98% YoY); net profit RMB 109,478,790.34 (-45.46% YoY)

China competition

Competes with Primarius, Xpeedic, Semitronix in EDA — peers listed at sector level.

Bottleneck

Global comparables

Global reference set: Synopsys, Cadence, Siemens EDA.

Synopsys, Cadence, and Siemens EDA are the global reference set.

Technical gap

Sector rated bottleneck vs the frontier.

Obstacles

US export-control exposure

Added to the U.S. Entity List in December 2024.

Official filings: static.cninfo.com.cn ↗

All sourced facts (8)
  • Founded: Founded in 2009 and headquartered in Beijing.
  • Headquarters: Beijing, China
  • Revenue / scale: 2024 revenue RMB 1,222,354,443.47 (+20.98% YoY); net profit RMB 109,478,790.34 (-45.46% YoY)
  • Listing status: Shenzhen Stock Exchange (SZSE) · 301269 · A-shares (stock abbreviation 华大九天)
  • Listing: Listed on the Shenzhen Stock Exchange ChiNext board as 301269 in 2022.
  • China EDA position: Reported as the largest domestic EDA player and about 6% of China's EDA market as of 2024, still far behind Synopsys, Cadence, and Siemens EDA globally.
  • Tool coverage claim: Reported domestic EDA coverage includes analog tools with partial 5nm support and digital tools with 7nm support; full advanced-node signoff remains the hard question.
  • Export controls: Added to the U.S. Entity List in December 2024.

About

Sells electronic design automation software and related services to IC design companies, foundries, and system-in-package design teams. Its strategic value is tool coverage and domestic workflow integration, not chip output.

Beijing · Founded 2009 · Ticker 301269

Why it matters

EDA is a small revenue pool compared with fabs or memory, but it controls whether designers can tape out chips without relying entirely on U.S.-linked design software. Empyrean is therefore a bottleneck company even if its financial scale is modest.

Where it sits in the stack

Design

EDA software

Bottleneck

Full-flow coverage, advanced-node validation, foundry PDK integration, IP ecosystem, and decades of accumulated tool trust.

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Key semiconductor products

  • Analog IC design and simulation tools.
  • Digital IC design and verification tools.
  • Xpeedic-linked system-in-package and high-speed electromagnetic/signal-integrity design capability after the 2025 acquisition announcement.·2025
  • Full-custom design platform·Aether, ALPS, Polas, Patron, Skipper
  • Digital SoC EDA
  • Foundry EDA·XModel, Demeter, Mage
  • Advanced packaging EDA
  • 3DIC EDA
  • Flat-panel display EDA
  • Foundation IP / PDK services

Financials

301269.SZ · Shenzhen ChiNext 301269 · via Yahoo Finance ↗

Financial trajectory via annual filings via Yahoo Finance

RMB billions
RMB 1.01BRMB 0.2B
2023
RMB 1.22BRMB 0.11B
2024
RMB 1.32BRMB 0.06B
2025

Market data refreshed daily; annual figures from exchange filings. Figures in the reporting currency shown on the chart.

Ecosystem

Customers / end markets

  • Diodes
  • Will Semiconductor (韦尔股份)
  • Hua Hong (华虹宏力)
  • Ricoh Microelectronics (理光微电子)
  • O2Micro (凹凸科技)
  • HKC (惠科金渝)
  • Chinese IC design houses, foundries, and state-backed semiconductor projects are the natural customer base
  • Huawei-linked domestic EDA progress around 14nm-class design flows is a key signal to track, but individual customer claims should stay labeled unless sourced

Qualification sites

  • Diodes

Partners

  • CSOT (华星光电)

Global peer set

  • Synopsys, Cadence, and Siemens EDA are the global reference set
  • Ansys and Keysight matter for adjacent simulation and electromagnetic/signal-integrity workflows

Competitive position

  • Empyrean should be treated as China's domestic EDA anchor, not as proof that China has closed the EDA gap.
  • The useful topology view is tool-flow coverage: analog, digital front-end, verification, physical implementation, signoff, package/SIP, and foundry PDK integration.
  • The strategic question is whether Chinese designers can use Empyrean inside real tapeout workflows, not whether a single tool demo supports a headline node.
  • Broad domestic EDA coverage across analog, digital, foundry, packaging, and FPD flows; depth and signoff maturity versus global leaders not quantified in available sources.
  • Credibility of foundry EDA line depends on cooperation with leading foundries/IDMs, which are not named in available sources.
  • Global comparables: Synopsys, Cadence, and Siemens EDA are the global reference set.
  • Global comparables: Ansys and Keysight matter for adjacent simulation and electromagnetic/signal-integrity workflows.
  • EDA substitution depends on foundry PDK support, IP libraries, signoff trust, verification depth, and engineer workflow switching costs.

Recent activity

  • 2025-04-28—Publication of 2024 annual report summary (announcement 2025-012) on CNINFO, reporting 2024 revenue RMB 1.222B (+20.98% YoY) and net profit RMB 109.5M (-45.46% YoY) [via static.cninfo.com.cn]

Milestones and signals

  • 2009—Empyrean Technology was founded.
  • 2026-10-04—Market cap: RMB 46.4B
  • FY2025—Revenue: RMB 1.3B
  • FY2025—Net Profit: RMB 61.0M
  • Listing—Shenzhen Stock Exchange (SZSE) · 301269 · A-shares (stock abbreviation 华大九天)

What to watch

  • 2024 Entity List impact and whether customer deployments slow or accelerate after U.S. restrictions.
  • 2025 Xpeedic acquisition integration.
  • Claims of 14nm, 7nm, or 5nm support should be separated into demo, partial flow, and production signoff.
  • Market-share estimates within China versus actual global competitiveness.

Questions

Last reviewed 2026-07-01

Answered questions

Which parts of the chip-design flow can Empyrean cover in production tapeouts: analog, digital, verification, physical design, signoff, packaging, or display?

On the record: Empyrean PDK services (Commercial use) at Multiple leading foundries/IDMs (unnamed) for Hundreds of PDKs including China's most advanced node and 28nm+ mature processes (logic, power, RF) and Empyrean Patron (Customer validation) at Diodes for Transistor-level power integrity analysis.

How much revenue is software license/subscription versus services/custom projects?

Against Synopsys, Cadence, and Siemens EDA are the global reference set and Ansys and Keysight matter for adjacent simulation and electromagnetic/signal-integrity workflows: Broad domestic EDA coverage across analog, digital, foundry, packaging, and FPD flows; depth and signoff maturity versus global leaders not quantified in available sources.

Does the Xpeedic acquisition fill a real packaging/SIP gap or mostly broaden the story?

Against Synopsys, Cadence, and Siemens EDA are the global reference set and Ansys and Keysight matter for adjacent simulation and electromagnetic/signal-integrity workflows: Broad domestic EDA coverage across analog, digital, foundry, packaging, and FPD flows; depth and signoff maturity versus global leaders not quantified in available sources.

Open questions

  • Which foundries and process nodes have real PDK/tool qualification?