Core Energy Semiconductor Completes C++ Round Investment

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