Renxin Technology Completes Nearly RMB 100 Million Pre-A++ Round of Financing

Renxin Technology announced that it has received nearly 100 million yuan in Pre-A++ round of financing, which will be used for the mass production of the company's first-generation 16Gbps high-performance automotive SerDes products. This round of financing was led by Changjiang Zhongda Xiwei, and followed by new and old shareholders such as Dianlian Shengde Venture Capital Fund and Rongyi Investment.