Hongxinyu Electronics is a storage technology service provider, integrating storage control chips, storage application research and development, storage production, and operation promotion, providing users with storage accessories, integrated circuit controllers and other products. Recently, Hongxinyu completed the A round of financing of several hundred million yuan. This round of financing was led by SMIC Juyuan, and followed by many state-owned assets and industrial institutions such as Hefei Industrial Investment and Kunqiao Capital. The funds raised will be focused on the ongoing research and development of new storage products.
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