Wuxi Capital Group has completed its lead investment in Yasheng Semiconductor's Series B financing round

　　Recently, Wuxi Capital Group and Honghui Fund have completed the lead investment in the B-round financing of domestic sub FAB affiliated equipment enterprise "Yasheng Semiconductor", with joint investments from Jinpu Xincheng, Xinshang Capital, Hanli Capital, and Yunjin Capital.

　　Yasheng Semiconductor has raised over 100 million yuan in this round of financing, which will mainly be used for product research and development, expanding production capacity, market expansion, and factory construction, further consolidating its leading position in the field of domestic substitution of semiconductor sub fab ancillary equipment.

　　This investment will promote the landing of the Yasheng Semiconductor Vacuum Pump R&D and Manufacturing Base project in Huishan District, Wuxi through the "investment linkage" model, empowering the high-quality development of local industries.

　　Wuxi Capital Group has been deeply involved in the integrated circuit industry for a long time, with investment scope covering the entire industry chain of integrated circuits such as design, manufacturing, packaging and testing, equipment, and materials. With a fund matrix covering the entire life cycle of enterprises, it empowers innovative enterprises to achieve leapfrog growth and promotes the strengthening, supplementation, and extension of the "chip" industry chain. This financing will provide strong impetus for Yasheng Semiconductor to further accelerate product research and development and deepen market expansion.

　　　　　　　　　　　About Yasheng Semiconductor

　　Yasheng Semiconductor was founded in 2014 as a national high-tech enterprise. The company has always focused on the three major semiconductor fields of integrated circuits, displays, and photovoltaics, and is committed to providing customers with Sub FAB ancillary equipment products: exhaust gas treatment equipment, vacuum pump equipment, heating belt equipment, and CMS central integrated system integrated solutions.

　　As one of the few domestic enterprises that has achieved independent research and development and large-scale delivery of Sub FAB core equipment, Yasheng Semiconductor has successfully overcome the technical barriers of tail gas treatment equipment products by integrating senior technical teams from leading foreign companies in the industry. It has taken the lead in achieving mass production coverage of Scrubber equipment for the entire wafer manufacturing process in China, forming a rapid domestic substitution for foreign manufacturers. The products have been shipped in bulk to many leading domestic wafer manufacturing enterprises such as Changxin Group, Huahong Group, and Pengxin Micro.