Hefei XinYiHua Intelligent Machinery Co., Ltd. has secured over 300 million RMB in a B+ round of funding to boost its high-end semiconductor equipment manufacturing capabilities.

Target Company Overview

Hefei XinYiHua Intelligent Machinery Co., Ltd. (referred to as 'XinYiHua'), a member of the Tongke Weiye consortium, has recently announced the successful completion of over 300 million RMB in a B+ round of funding. The investment was secured from various institutions including the National Development Bank's Manufacturing Transformation Fund, Chaoxi Capital, Anhui Hi-tech Investment, Guozhong Capital, and the Ultra High Definition Video Industry Investment Fund, among others.

Founded in 2013, XinYiHua is deeply engaged in the high-end equipment sector of the semiconductor industry, with its operations extending into strategic emerging industries such as display panels, integrated circuits, and next-generation perovskite solar cells. The company has established strong collaborations with more than 100 clients across the semiconductor industry chain, effectively partnering with leading enterprises to continuously drive the iteration and upgrade of industry processes and equipment technologies.

Industry Overview in China

The semiconductor industry in China has witnessed significant advancements, driven by the government’s push for self-sufficiency and innovation in high-tech sectors. As a key player i