Nanjing Nelec Technology has successfully concluded a funding round of approximately RMB 100 million, led by New Vision Capital. The company is a pioneer in the research and development of high-performance power supply modules, whose products find extensive applications in data centers, new energy vehicles, and other cutting-edge sectors. This capital infusion will expedite the development and mass production of high-density power supply technologies, particularly in the realm of AI computing power infrastructure. Nelec's founder, Professor Long Teng from the University of Cambridge, and co-founder Xu Yingchun, who brings extensive industry expertise, steer the company. Nelec boasts technological supremacy in high-power density power supplies, addressing a domestic void and showcasing optimism for market prospects. Investors are confident that Nelec holds immense potential for growth in the AI era and will significantly contribute to advancing the industry's ecosystem.