Sijie Microelectronics has completed a new round of Pre-C round of capital increase

Shanghai Sijie Microelectronics Co., Ltd. (hereinafter referred to as "Sijie Microelectronics") announced the completion of a new round of capital increase. This round of capital increase was exclusively invested by Sunshine Ronghui Capital. Sijie Microelectronics has completed the development of three millimeter-wave radar chip product lines of 24/60/77GHz, targeting application scenarios in six sub-segments, and has achieved the delivery of millions of products.