Kaiyuan Communication completed hundreds of millions of A+ rounds of financing

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GEM has learned that recently, Kaiyuan Communication Technology (Xiamen) Co., Ltd. (hereinafter referred to as “Kaiyuan Communication”) announced the completion of several hundred million yuan in A+ round of financing. This round of financing was led by Zhanlu Hongtu, industrial investors Fii, Guangsida, Dongfang Fuhai, Hillhouse Ventures, Sequoia China, KIP Capital, Yuanhe Puhua, and old shareholders IDG Capital, Shunwei Capital, Qinhe Capital and Huaye Tiancheng Capital made additional investment.

Jia Bin, chairman of Kaiyuan Communication, said that after the completion of the A+ round of financing, Kaiyuan Communication will increase investment to further consolidate the leading position of domestic BAW filters and accelerate the progress in the direction of module productization.

As an important part of the RF front-end module, the arrival of the 5G era has brought the filter market structure and technical characteristics into a new round of changes. As a global leader in 5G construction, China has a broad market, but at the same time, it faces a severe test of domestic substitution. It has pushed a number of domestic filter manufacturers to the spotlight. Kaiyuan Communication is one of them.

Founded in 2018, Kaiyuan Communication is an emerging company focusing on wireless semiconductor RF front-end chip solutions. The company’s products are high-end chips for RF front-end active and passive, targeting mobile terminals, IoT platforms, and 5G The high-end RF filter market for communications, as a golden entry point, fully grasps the overall development trend of the RF industry at home and abroad will play a crucial role in the application of my country’s future 5G communication RF field. The headquarter of the company was established in Haicang District, Xiamen City. Currently, it has an operation center in Zhangjiang, Shanghai, and sales and customer support centers in Shenzhen, Xi’an and Beijing.

Kaiyuan Communication has successively launched and mass-produced high-performance BAW filter chips “Silicon Sili-BAW” series products, highly integrated receiving modules “Hummingbird Sili-SAW” series products, and “Hongyan” products including antenna filtering, antenna tuning and switching. Sili-ANT” complete 5G antenna solution products.

The main members of the R&D team have more than 10 years of experience in mid-to-high-end chip development and related management and operation, and have rich experience in engineering and productization. They have successfully developed and mass-produced many chip products.

Jia Bin, Chairman & CEO of Kaiyuan Communications, graduated from Xi’an Jiaotong University in 2007 and 2009 with bachelor and master degrees. From 2009 to 2015, he was engaged in the R&D, operation and promotion of RFFE chips in RFMD, Huntersun, RDA and other companies respectively. He was responsible for the total shipment of 3G/4G RFFE chips of more than 2 billion pieces, and customers include Huawei, Samsung and other well-known enterprises. Jia Bin owns more than 65 patents that have been approved or pending. He has also worked as a project leader and has undertaken a number of major projects of the Ministry of Industry and Information Technology. In June 2017, as the youngest winner, Jia Bin won the title of the fifth “Zhangjiang Excellent Talent”. In 2018, it received nearly 100 million yuan of angel investment and founded Kaiyuan Communication Technology (Xiamen) Co., Ltd., focusing on 4G+/5G RF filter chips.

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