Core Energy Semiconductor Completes C++ Round of Financing

In June 2023, Xinneng Semiconductor successfully completed its C++ round of financing, which was jointly participated by State Power Investment Corporation, CITIC Construction Investment Capital, Hangzhou Guangyi and Zhengsine Electric. Previously, Xiaomi Industrial Investment Department had exclusively participated in Xinneng Semiconductor's C+ round of financing in May 2022, with an investment amount of nearly 100 million yuan.