Jufengxin obtains strategic investment

Jufengxin is a power management chip developer, integrating design, manufacturing and sales, focusing on the field of Power IC, providing driver, power management, automotive, and new concept IC products. Jufengxin has become a strategic round of financing for the automotive industry. This round of financing is led by Shangqi Capital, a subsidiary of SAIC Group, and jointly invested by GAC Capital. The raised funds will be invested in the layout and development of automotive-grade product lines.

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