Lips completed a Pre-B+ round of financing worth hundreds of millions of yuan.

36Kr learned that "Lips", a manufacturer of high-performance SiC (silicon carbide) modules, recently completed a Pre-B+ round of financing worth hundreds of millions of yuan. The new investors are Yangzhou Guojin and Yangzhou Longtou Capital. The funds will be mainly used for the company to set up a professional automotive-grade SiC (silicon carbide) module packaging and testing base in Yangzhou and for market promotion.