Shanghai Xintai Information Technology Co., Ltd. Completes Over 100 Million Yuan B Round of Financing

Shanghai Xinti Information Technology Co., Ltd. ("Xinti Technology"), a manufacturer of intelligent connected car chips, has successfully completed a round B financing of more than 100 million yuan. This round of financing attracted many well-known investment institutions such as Fanguang Capital, SAIC Venture Capital and Volcano Stone Investment. Xinti Technology plans to use this fund to accelerate the development and mass production of its localized automotive-grade high-end MCU products and further enrich its product line.