CRRC Times Semiconductor raised 4 billion yuan in financing, and a super unicorn emerged in Zhuzhou, Hunan

CRRC Times Semiconductor Co., Ltd. recently announced the successful financing of 4.3278 billion yuan, attracting 26 strategic investors and employee stock ownership platforms to join. It is reported that there are more than 100 potential investors participating in this round of investment, and the competition is very fierce. In the end, 26 investors including national funds, local state-owned assets, semiconductor professional funds and securities funds successfully joined. This round of financing has made CRRC Times Semiconductor's valuation exceed 20 billion, making it the largest unicorn in Hunan this year.