Oritek Semiconductor Co., Ltd. announced that it has received several hundred million yuan in a round of funding led by new investor CMS Capital Company Limited on October 16, 2023. The transaction included participation from new investors Beijing GSR United Capital Management Consulting Co., Ltd., Changzhou Xingyu Automotive Lighting Systems Co.,Ltd., Ningbo Joyson Electronic Corp., Beijing Taiji Huaqing Peicheng Software Technology Co., Ltd., retunring investor Jiangsu Juhe Capital Management Co., Ltd. and leading companies in the automotive industry chain.