Onbao Electronics Completes Strategic Round of Financing

Angbao Electronics (Shanghai) Co., Ltd. recently completed a strategic round of financing, which was jointly led by SAIC Group Strategic Direct Investment, Shangqi Capital and Heli Capital. Angbao Electronics is a leading analog and mixed-signal chip company in China. Its main products AC/DC cover the power range below 500W and have achieved stable large-scale shipments in many fields. In the future, the company will expand medium and high-power application scenarios and digital power solutions, and deploy in the fields of pan-industry, medical/big health, new energy, automotive electronics, etc.