The total amount of funds raised by Xinlian Integrated Circuit will exceed 30 billion yuan

Since the IPO raised 11.072 billion yuan in May 2023, plus the 14.031 billion yuan borrowed from banks and other financial institutions, Xinlian Integrated Circuit has raised more than 25.1 billion yuan in just over a year. If the 5.3 billion yuan raised from the current share issuance is added, the company's total fundraising will exceed 30 billion yuan in less than two years.