Recently, Xinkinetic Semiconductor Co., Ltd., a subsidiary of Hongwei Technology, officially completed Series A financing and received over 100 million yuan of joint investment support from provincial and municipal government fund clusters. The investors in this round cover state-owned industrial capital such as the Jiangsu Changzhou New Energy Industry Special Parent Fund, the Huatai New Energy Equity Investment Fund, the Changzhou New Energy Industry Investment Fund, and the Changzhou Changtou Xinhui No.1 Equity Investment Fund.

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