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Shanghai silicon Microelectronics Co., Ltd. announced the completion of the A round of capital increase.

author: visits: date:2018-04-20 11:05:57

In April 20, 2018, Shanghai Shanghai silicon Microelectronics Co., Ltd. announced today that the company has completed the A round of capital increase recently. The capital increase in the current round is invested by the Chinese people's investment ability.

"China Central Investment Group continues to carry out the mission of" converge capital energy, release mechanism vitality and serve the national strategy ". Under the environment of 2025 in the country, the investment platform of the Chinese people's investment group is centered on the intelligent vehicle, and the direction of intelligent travel is actively laid out. As a leading supplier of millimeter wave radar chips, silicon microelectronics is playing an increasingly important role in the localization of millimeter wave radar. Li Xinde, the managing director of China investment, said: "we are willing to help Si Jie make greater achievements in the market of auxiliary driving and driverless."

Wang Xi, the director of capital investment in the green area, said, "the sensor is an indispensable link in the future of unmanned driving, and the domestic millimeter wave radar market is at the node of the outbreak. We are looking for the ability to develop and industrialization of the innovative technology of the silicon microelectronics, and to provide the partners with the ability to quickly form a full range of solutions.

Dr. Lu Yumin, founder of silicon microelectronics, said: "Silicon Jie microelectronics has completed the growth of the team and the accumulation of technology in the 3 years of the platform incubation of the Shanghai microtechnology Industrial Research Institute. In 2016, it was officially operated independently with the help of China's capital. In the past 15 months, silicon chip has achieved milestone in many chip products. This time, we are more confident of speeding up the market and contributing to the development of the new generation of sensors and Internet technology, with the help of the investment of China and the people and the capital of the green area.

About Shanghai silicon Microelectronics Co., Ltd.: Si Jie microelectronics is a company specializing in the development of millimeter wave radar chip. Headquartered in Jiading, China's Automobile City, the first highly integrated 24GHz radar SOC with domestic independent intellectual property rights has been developed by the national thousand man program experts, and the company is developing a series of high integration products of 24GHz and 77GHz. Silicon microelectronics has a high quality design and development team, with solid design technology and rich experience in development. Strive to contribute to the development of new generation of sensor and Internet technology. For more information, please visit: www.sgrsemi.com

About China Investment Fund: China min Investment Management Co., Ltd. is a wholly owned subsidiary of China national investment group. Its registered capital is RMB 10 billion yuan. Based on the concept of integration of industry and finance, China National Investment Corporation is committed to providing customers with a comprehensive, multi angle financial and investment solutions for investment and financing. At present, through the combination of own funds and fund investment, along with the main axis of the industry strategy, China and the people have established a multi-level investment system including PE, VC, investment and acquisition, the reorganization of equity creditor's rights, the mother fund and so on. For more information, please visit: www.cm-inv.com

Green domain capital: the green area capital was founded in 2014 by senior environmental protection, energy industry experts and investors. It is a professional fund devoted to environmental protection, energy saving, new energy and other clean technology fields. At the beginning of the establishment, it was supported by domestic industry leading enterprises and well-known mother base gold. At present, the management of 4 funds and general regulations About 2 billion RMB, it is the forerunner and leader of energy saving and environmental protection in China.

ZSP Microelectronics Inc

SGR Semiconductors Inc.

ZSP Microelectronics Inc

Tel 0573-84592158

E-mail yuqin.chi@zspmicro.com

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