Tyco Tianrun has completed 10 rounds of financing

At present, TYCO Tianrun's SiC device series products such as 650V/2A-100A, 1200V/2A-50A, 1700V/5A-50A, and 3300V/0.6A-50A have been put into mass production. TYCO Tianrun's 6-inch SiC power electronic device industrialization project (Phase I project) has completed the independent acceptance work on June 15, 2023; the second phase of the expansion project will now be carried out in the factory building of TYCO Tianrun's original Liuyang High-tech Zone New Energy Vehicle Parts Industrial Park. TYCO Tianrun will extend the second-floor SiC power device dedicated production line in the existing factory building to the first floor, and add production equipment and packaging and testing process production lines to increase production. The expansion project will increase the investment by 100 million yuan, from the original annual production capacity of 6-inch SiC power devices of 60,000 pieces/year to 100,000 pieces/year, and the annual production capacity will increase by 40,000 pieces. In terms of financing, since 2018, Tyco Tianrun has completed 10 rounds of financing. Investors include Hongtai Fund, Beijing High-tech Industry Development Fund, Guorong Industrial Development, Jingming Capital, Guozhu Capital, Xinding Capital, Xienuo Investment, Tuojin Capital, Gao Xin Fund and many other institutions.