Yixing Intelligent Technology Completes RMB 100 Million Series A Financing

Yixing Intelligent Technology (Guangzhou) Co., Ltd. recently announced the successful completion of a round A financing of several hundred million yuan. The financing was led by the National Small and Medium Enterprise Development Fund, and old shareholders such as Lion City Capital and Volcano Investment jointly increased their investment. The funds will be mainly used for the company's upcoming RISC-V computing chip mass production, market expansion, and improvement of the software and hardware ecosystem to meet the growing market demand.