JQ Capital has successfully led a multi-hundred million RMB Series C financing round for Shanghai Taosheng Electronic Technology Co., Ltd., a prominent player in the semiconductor testing market.

Target Information

Shanghai Taosheng Electronic Technology Co., Ltd. (referred to as "Taosheng Technology" or "the company") has successfully completed a several hundred million RMB Series C financing round. This funding round was led by the Jiangsu State-Owned Enterprise Mixed ownership Reform Fund (Limited Partnership) and the Anhui Zhong'an Preferred War New No. 2 Investment Fund Partnership (Limited Partnership). Following the lead investors, additional investments were made by the Jiangsu Suzhou High-end Equipment Industry Fund of Funds (Limited Partnership), Jiangsu Gaotou Yida Small and Medium-sized Enterprise No. 2 Venture Capital Partnership (Limited Partnership), and Kunshan Yucheng Delu Equity Investment Fund Partnership (Limited Partnership).

Founded in 2006, Taosheng Technology is recognized as one of China’s earliest professional providers of semiconductor testing interface products and solutions. Its products are widely utilized in diverse sectors such as Artificial Intelligence (AI), automotive, aerospace, and smart terminals for chip testing. Over nearly two decades of dedicated development, the company has cultivated a global clientele of over 1,000 customers, garnering a strong reputation for excellence in quality and professional technical support. Taosheng Technology has evolved into an international supplier and partner of trusted semiconductor testing products.

Industry Overview in China

The semiconductor industry in China has been experiencing accelerated growth as the demand for advanced technology and connectivity increases. With government support for the domestic semiconductor industry, inve