Angbao Electronics completed a strategic round of financing, with SAIC Group's strategic direct investment and Shangqi Capital jointly leading the investment

Angbao Electronics (Shanghai) Co., Ltd. recently announced the completion of a strategic round of financing, which was jointly led by SAIC Group Strategic Direct Investment, Shangqi Capital (a private equity investment institution under SAIC Financial Holdings, the financial platform of SAIC Group), and Heli Capital. Angbao Electronics is a leading analog and mixed-signal chip company in China. Its main product AC/DC has achieved full coverage of the power range below 500W, and has achieved stable large-scale shipments in multiple fields. In the future, the company will focus on the expansion of medium and high-power application scenarios and digital power solutions, and will deploy in the fields of pan-industry, medical/health, new energy, automotive electronics, etc.