Xinti Technology successfully completed a new round of financing

Shanghai Xintai Information Technology Co., Ltd. ("Xintai Technology") successfully completed a new round of financing after the strategic round, led by Chongqing Yufu Capital, and SAIC Capital, a wholly-owned subsidiary of SAIC Financial Holdings, participated in multiple rounds of financing. This round of financing reflects the industry and capital's recognition of Xintai Technology's product development and mass production capabilities. The company will be committed to filling the gap in the field of high-performance automotive-grade control chips in China and achieving technological breakthroughs. To date, Xintai Technology has completed a total of 5 rounds of financing and has been supported by capital including SAIC, GAC, F&G Capital, Shenzhen Investment Holdings Donghai, Volcano Capital, and Shanghai Guoce.