Yijing Technology Completes B Round of Financing of Hundreds of Millions of Yuan

On June 18, Yijing Technology announced the completion of a B round of financing worth hundreds of millions of yuan, led by Intel Capital and Sinovation Ventures, with China Renaissance Capital as the exclusive financial advisor. This round of financing will be used to expand production capacity, increase R&D investment, develop new products, and strengthen market promotion. Yijing Technology is currently valued at around 1 billion yuan.