NextFin News — Xinlian Power, a subsidiary of listed compound semiconductor maker Xinlian Integrated, has completed a Series C financing of nearly 2 billion yuan.
The round was led by China Mobile’s Chain Leader Fund, with participation from Inspur Information, Yuanjing Capital, Sinopec Hydrogen Energy Fund, Naura Novax Capital, Jiangfeng Electronics, Changzhou Xingyu, Cathay Capital, Puzhao Capital, CCB Equity, CITIC Goldstone, CITIC Securities and Galaxy Yuanhui.
The company focuses on silicon carbide and gallium nitride semiconductors and module packaging. Its silicon carbide business ranks first in China and among the global top five.
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Insights
What is Xinlian Power core business?
Who led the Series C funding round?
How much capital did Xinlian raise?
What is Xinlian Integrated role here?
Why is silicon carbide key for Xinlian?
Where does Xinlian rank in SiC market?
Who joined the investor group list?
What is Chain Leader Fund background?
How does GaN fit Xinlian strategy?
Why does module packaging matter most?
Is Xinlian a global top five player?
What drives China SiC market growth?
How will Xinlian use new funding?
Who are Xinlian Power main rivals?
What risks face compound chip makers?
How does Sinopec Hydrogen fund fit?
What is Xinlian Series C valuation?
Will Xinlian list on stock market?
How big is global SiC demand now?
What impacts China Mobile investment?
