Unisoc completes 4 billion financing and actively promotes IPO

Unisoc, a communications technology company established by Unisoc Group, recently completed a 4 billion yuan equity financing. Investors in this round of financing include state-owned platforms in Shanghai and Beijing, as well as a number of banks, insurance institutions and securities firms. Ma Daojie, chairman of Unisoc, said that the funds will be used for the research and development of core projects, including the iteration of existing products, in-depth research and development of new technologies, and deepening of talent strategies. Ma Daojie also revealed that Unisoc is actively preparing for an IPO.