SinoRay completes Series B financing to promote the development of power devices for new energy vehicles

In June this year, Xinhuarui Semiconductor Technology Co., Ltd. completed its Series B financing, with investors including Inbo and Fulehua. Xinhuarui's main products include various discrete devices and automotive-grade IGBT modules, which are widely used in new energy vehicles, charging piles, photovoltaics and other industries. At present, Xinhuarui's automotive-grade power devices and modules have passed the reliability verification of mainstream brand automobile companies such as NIO and SAIC Passenger Vehicle, and are ready for mass production.