Anhui's richest man Cao Renxian invests in Archimedes Semiconductor to deepen the layout of the new energy industry chain

Cao Renxian, the richest man in Anhui Province, recently announced his investment in Archimedes Semiconductor. This move is regarded as an important step in his deep integration of the new energy industry chain. Through the participation of Sungrow and its CVC Renfa Investment, Archimedes Semiconductor’s registered capital has been significantly increased. This action not only helps Archimedes’ development in the fields of new energy vehicles and photovoltaic inverters, but also enhances Sungrow’s market competitiveness.