Jingneng completes RMB 500 million Series B financing

Zhejiang Jingneng Microelectronics Co., Ltd. has completed its fourth round of financing, with investment from Xiuzhou Linghang Fund. The company has immediately launched a shareholding system reform to effectively drive high-quality development across all its business operations.

Jingneng specializes in developing high-reliability power semiconductor products and strives to become a leading technology enterprise in the industry.The company has established three intelligent manufacturing bases in Yuhang, Wenling and Xiuzhou.Its products serve new energy applications including electric vehicles, wind-solar-storage-charging systems, and robots.

With the support of its 24 shareholders, Jingneng will continue to invest in R&D and innovation, enhance its competitiveness in design, process and application, deliver outstanding semiconductor solutions to customers, and promote the green transformation and sustainable development of the industry.