Shanghai Xinxiangcheng Semiconductor Co., Ltd. received investment from BYD and others, and its registered capital increased

Shanghai Xinxiangcheng Semiconductor Co., Ltd. received investment from BYD and Jiaxing Chuangqi Kaiying Venture Capital Partnership (Limited Partnership) on March 30, and its registered capital increased from approximately RMB 1.3295 million to approximately RMB 1.478 million. The company was established in 2021 and focuses on the research and development of high-quality, industrial-grade/automotive-grade power management chips and high-performance signal chain chips, serving high-growth industries such as automobiles, industry, energy storage, communications, data centers, and security.