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Recently, Xinyuan Semiconductor (Shanghai) Co., Ltd. has undergone significant changes in its business registration. The former shareholder, Shanghai Lianzhi Venture Capital Management Center (Limited Partnership), has exited, while Shanghai Yunya Enterprise Management Consulting Co., Ltd. (a subsidiary of Ant Group), and Accelerator XIII Ltd. have been welcomed as new investors. Consequently, the company's registered capital has surged from approximately RMB 46.537 million to around RMB 50.297 million. Established in October 2019, Xinyuan Semiconductor specializes in the development of ReRAM, a novel memory technology, and associated chip products. It aims to encompass the entire industry chain, encompassing device materials, process manufacturing, chip design, and pilot production.
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