Cuizhan Microelectronics completed a B+ round of financing worth hundreds of millions of yuan to accelerate the expansion of IGBT & SiC module production capacity

Cuizhan Microelectronics announced on January 8 that it has completed a B+ round of financing of several hundred million yuan, led by Guoke Yangtze River Delta Capital, followed by Tongxin Capital and Yinmao Holdings. The company will use the funds to build new production lines, purchase new equipment and develop new products, with the goal of delivering more than 3 million IGBT modules by 2025. Cuizhan Microelectronics has established influence in the new energy vehicle supply chain and will continue to explore markets in industrial control, photovoltaics, energy storage and other fields.