Hefei Junlian Automotive Electronics Co., Ltd. completed nearly 100 million yuan in Series A financing

Hefei Junlian Automotive Electronics Co., Ltd. recently successfully completed a nearly RMB 100 million Series A financing. This round of financing was led by Guoyuan Equity, a professional private equity fund management institution under Guoyuan Securities, and followed by Ruicheng Fund, Linghang Venture Capital, Juzhuo Capital and other institutions. The funds raised will be invested in two aspects: first, to accelerate the production increase of Junlian Electronics' first automotive-grade silicon carbide (SiC) production line with advanced technology in Anhui Province; second, to accelerate the company's electronic control and electric drive products to seize the market share in new energy passenger vehicles, commercial vehicles, eVTOL and other fields.