Majic Microelectronics Completes Tens of Millions of Yuan in Financing, a Lithium Battery Safety Management Chip Company
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Author:小编   

Recently, Majic Microelectronics completed a Series B financing round worth tens of millions of yuan, led by Huabao New Energy, with participation from existing shareholders Sunwoda and Qifu Capital. The funds will be used for mass production ramp-up, product line iteration and expansion, as well as R&D and market expansion in industrial and commercial energy storage and automotive electronics markets.