Saijing Semiconductor successfully completed 160 million yuan of Series A financing

Saijing Technology's subsidiary Saijing Semiconductor has completed a RMB 160 million Series A financing, with a post-investment valuation of RMB 2.72 billion. This round of financing was participated by four investors, including Tianjin Anjing Enterprise Management Consulting Partnership. Saijing Semiconductor focuses on the production of IGBT, SiC chips and modules, has launched a number of high-performance products, and has achieved mass production on 12-inch wafer foundry production lines. The company plans to expand production capacity and strengthen its layout in the electric vehicle market.