Wuhan Minsheng's valuation reaches 3 billion

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Wuhan Minsheng New Technology Co., Ltd. (abbreviation: Wuhan Minsheng), as the first domestic company to achieve mass production of BAW filters, has a prominent position in the field of high-end filters. The company announced a new round of financing in September 2024, with investors including China Internet Investment Fund, Yangtze River Industry Group, Camel Fund, etc. So far, Wuhan Minsheng has completed its fourth round of financing since its establishment in 2019, with a cumulative financing amount of nearly 1 billion yuan and a valuation of nearly 3 billion yuan.