Zonghui Xinguang completed the first round of C4 financing to accelerate VCSEL product development and production line layout

Recently, Changzhou Zonghui Xingguang Semiconductor Technology Co., Ltd., a leading VCSEL manufacturer, successfully completed the first round of C4 financing of hundreds of millions of RMB. This round of financing was led by the National Manufacturing Transformation and Upgrading Fund, and followed by Fengye, Suzhou Yongxin, and Hainan Xinhe. This financing will help accelerate the technical research and development of Zonghui Xingguang's VCSEL products and the layout of optical communication production lines. In the current investment market environment, Zonghui Xingguang, as a leading company in the VCSEL laser chip industry, has further highlighted its investment value. It is reported that the second round of Zonghui Xingguang's C4 round has been started simultaneously.