Baishi Electronics completed a round B financing of hundreds of millions of yuan to promote the development of silicon carbide industry

Nanjing Baishi Electronic Technology Co., Ltd. ("Baishi Electronic") recently completed a round B financing of several hundred million yuan, with ChinaVenture Capital and Huatai Securities as financial advisors. Since its establishment in August 2019, Baishi Electronic has accumulated 37 patents with its rich experience in third-generation semiconductor epitaxy, and has reached the world's leading level in all product technical indicators. The company's 8-inch silicon carbide epitaxial wafers have been certified by well-known overseas customers, and is committed to building a national leading automotive-grade third-generation and a half epitaxial wafer manufacturing plant.