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“Xinchuan Electronics” Secures Nearly 100 Million Yuan in Pre-IPO Funding Round
2 day ago /
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Author：小编
Xinchuan Electronics has recently declared the successful closure of its pre-IPO funding round, amassing nearly 100 million yuan. This round of financing witnessed joint investments from prominent institutions, including Hangzhou Urban Construction Investment, Legend Capital, Fuzhe Technology, and the Zhejiang Communications Investment Industrial Transformation Fund. The newly acquired funds are earmarked primarily for the research and development of cutting-edge products, such as MLCC 60nm-80nm finished nickel powder, specialized copper powder for photovoltaic applications, and base metal catalysts. Additionally, the capital will support the expansion of production line capacity and facilitate market development initiatives.
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