Xinti Technology once again receives support from state-owned industrial investors

Shanghai Xintai Information Technology Co., Ltd. ("Xintai Technology") has completed its C2 round of financing. Not only SAIC Capital, a wholly-owned subsidiary of SAIC Financial Holdings, continued to invest, but also Chongqing Yufu Capital and Zhongyuan Yuzi Investment Group, two major state-owned industrial capitals, supported it. The company focuses on the automotive semiconductor field and provides complete chip application solutions, including the Mizar security chip series, the Alioth general MCU series and the Phecda peripheral device series. Xintai Technology's products have been used in many models of multiple automobile brands, and have extensive cooperation with mainstream Tier1 and vehicle manufacturers at home and abroad. Xintai Technology is headquartered in Shanghai, with a research and development center in Changsha, Hunan, and branches in Beijing and Guangzhou. The company currently has a staff size of nearly 200 people, with R&D personnel accounting for more than 80%.