On August 17, Hangzhou Fujia Gallium Technology Co., Ltd. announced that the company has recently completed a new round of financing of over 100 million yuan. The current round of financing was jointly invested by national capital and market-based institutions Quzhou Dongfeng, Shanghai Science and Innovation, Fuyang Industrial Investment, and Yuanchuang Fund. The old shareholders China Net Investment and Zhongke Shenguang continued to be added. The financing is mainly used for R&D and large-scale mass production of large-size gallium oxide single crystals and epitaxial wafers, joint verification of downstream power devices, and continuous iteration of core long crystal equipment.

On August 17, Hangzhou Fujia Gallium Technology Co., Ltd. announced that the company has recently completed a new round of financing of over 100 million yuan. The current round of financing was jointly invested by national capital and market-based institutions Quzhou Dongfeng, Shanghai Science and Innovation, Fuyang Industrial Investment, and Yuanchuang Fund. The old shareholders China Net Investment and Zhongke Shenguang continued to be added. The financing is mainly used for R&D and large-scale mass production of large-size gallium oxide single crystals and epitaxial wafers, joint verification of downstream power devices, and continuous iteration of core long crystal equipment.