On November 4, according to Qiming Venture Capital, recently, Lingchuan Technology completed Series B financing of 1 billion yuan. The current round of financing was jointly led by Yizhuang SDIC Tang Shenghe Fund, Qiming Venture Capital, and Zhaohui Capital. Cathay Pacific Haitong Kaiyuan, China Holdings Investment, China Life Insurance Yangtze River Delta Science and Technology Innovation Fund, BeiGong Investment, Jianxin Investment, Peikun Capital, Hong Kong Science and Technology Park Venture Capital, Dinghui Baifu, Jinduo Investment, Xiamen Hengxing, Ming Shi Capital, etc., as well as institutions such as Shixi Capital, Longxin Venture Capital, Anhui The parties participated in the investment, and the old shareholders Shunxi Fund, Mizuki Investment Group, and Jiuzhi Capital continued to add more. This round of financing will mainly be used for next-generation chip R&D and mass production and global market expansion.

On November 4, according to Qiming Venture Capital, recently, Lingchuan Technology completed Series B financing of 1 billion yuan. The current round of financing was jointly led by Yizhuang SDIC Tang Shenghe Fund, Qiming Venture Capital, and Zhaohui Capital. Cathay Pacific Haitong Kaiyuan, China Holdings Investment, China Life Insurance Yangtze River Delta Science and Technology Innovation Fund, BeiGong Investment, Jianxin Investment, Peikun Capital, Hong Kong Science and Technology Park Venture Capital, Dinghui Baifu, Jinduo Investment, Xiamen Hengxing, Ming Shi Capital, etc., as well as institutions such as Shixi Capital, Longxin Venture Capital, Anhui The parties participated in the investment, and the old shareholders Shunxi Fund, Mizuki Investment Group, and Jiuzhi Capital continued to add more. This round of financing will mainly be used for next-generation chip R&D and mass production and global market expansion.