“Xinsheng Semiconductor” has completed a nearly 300 million yuan Series B+ financing round.

Recently, the filter company "Xinsheng Semiconductor" announced that it has completed a Series B+ financing round worth 288 million yuan. This round of financing was led by Hongtai Fund, and other investors include Hongsheng Capital, Tenghua Investment, Zhongshan Financial Holdings, Hefei Construction Investment Group, and Binhu Financial Investment Group. Among them, Hongsheng Capital, as an existing shareholder, continued to increase its investment; Tenghua Investment can provide professional capital market strategic support for Xinsheng Semiconductor, focusing on assisting in promoting the company's IPO process. After this round of financing, Xinsheng Semiconductor will rely on the state-owned capital fund resources in Chongqing, Hefei, and Zhongshan to further strengthen its R & D capabilities and accelerate the layout of its overseas business.