Ningbo JSAB Semiconductors Co., Ltd. announced that it has received more than CNY 200 million in funding on April 7, 2024. The transaction included participation from new investors Beijing Shunxi Equity Investment Fund (L.P.), a fund managed by Beijing Shunxi Venture Capital Fund Management Co.,Ltd., Xi'an Longding Investment Management Co., Ltd., AVIC Industry-Finance Holdings Co., Ltd., Aerospace Science and Industry Investment Fund Management (Beijing) Co., Ltd. and Taizhou Wanchuang Investment Management Partnership Enterprise (Limited Partnership).