Thiscore Technology completes nearly 1 billion RMB Series B financing.

Recently, Corechip Technology, a domestic general-purpose heterogeneous intelligent CPU chip company, announced the completion of a nearly RMB 1 billion Series B financing round. According to reports, this round of financing was jointly led by Shanghai IC Fund, a state-owned asset platform at both the Shanghai municipal and district levels, and Pudong Venture Capital. Existing shareholders Lenovo Capital, Tongge Venture Capital, and Yuanhe Puhua continued to invest, with participation from Yuyao Yangming Fund, Ningbo Vista, Zhikai Capital, Fuzhou Xintou Venture Capital, Fuzhou Rongtou Capital, Fudan Science and Technology Innovation, and other social capital. The financing amount sets a new record for a single financing round, demonstrating the capital market's continued recognition of Corechip Technology's leading position in the intelligent agent CPU field and its strong confidence in its future development prospects. This round of financing will be primarily used for the large-scale commercialization of existing products and the R&D and mass production of next-generation high-performance intelligent agent CPUs, accelerating the construction of the intelligent agent terminal ecosystem.