Semiconductor
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ChipON Micro closes RMB300 million round B fundraising
The financing was led by China Fortune-Tech Capital (under SMIC), Hengxu Capital (under SAIC Capital), and Wanxiang Qianchao
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Chinese chipmaker Cygnus Semiconductor completes nearly 400 million yuan in Pre-A round
This round of financing was led by CDH VGC (CDH Venture and Growth Capital). Existing investors, GL Ventures, continued to make additional investments.
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Eugenlight Technologies closes Series A of RMB tens of millions
Eugenlight Technologies, an optical component company focusing on high-speed optoelectronic integrated packaging and light engine technology, recently announced that it had completed its Series A round of financing worth tens of millions of yuan.
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Microtera Semiconductor closes Series A with RMB tens of millions
Microtera Semiconductor, headquartered in Guangzhou Science City, has completed its Series A round of financing recently, raising tens of millions of yuan.
The investment was jointly led by Microtera Semiconductor’s two original shareholders, namely China Venture Capital and Fellow Partners. Deneng Capital followed suit. -
Vertex Ventures completes new fund raising of RMB three bln
Vertex Ventures announced on September 8 that it had completed the fundraising of an RMB fund with a total scale of 3 billion yuan, adding which the total size of funds managed by Vertex Ventures’ China Fund reaches more than 10 billion yuan.
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Best Compound closes Pre-A with RMB of 100 million led by CTC Capital
Nanjing Baishi Electronic Technology Co., Ltd., or Best Compound, recently announced that it had garnered more than 100 million yuan from the completed Pre-A round of financing, led by CTC Capital.
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Reactor Microelectronics closes Series B for high-speed power integration chips
Recently, Reactor Microelectronics announced the completion of its Series B round of financing worth 100 million yuan, jointly invested by Everbright Holdings, Dening Capital, ZTF Securities, and Xi’an Fengruida Investment Fund.
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SMIC releases its 2020 semi-annual report, net profit soared 556%
On the evening of August 27, China’s largest semiconductor manufacturing company SMIC announced its interim results.
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Advanced Micro: 291.98% YoY increase in net profit in H1 2020
Advanced Micro announced that it achieved a net profit of 119 million yuan in the first half of this year, a year-on-year increase of 291.98%.
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More than half of 1,100 A-share listed companies achieved steady growth
Data show that as of the evening of August 20, about 1,100 A-share listed companies have disclosed the 2020 semi-annual reports.