Xingyao Semiconductor Completes RMB 1 Billion Series B Financing

Xingyao Semiconductor, a leading domestic TF-SAW RF filter company, announced the completion of a total of RMB 1 billion in Series B financing, setting a record for the largest single round of financing in the domestic RF front-end track in recent years. This round of financing was jointly invested by China Mobile Industrial Chain Development Fund and Wenzhou Bay New District Industrial Investment Platform. Xingyao Semiconductor adheres to the technical route of focusing on TF-SAW filters and has achieved annual shipments of more than hundreds of millions of filters.