Zhiwei Semiconductor (Shanghai) Co., Ltd announced that it will receive CNY 255,000,000 in an equity round of funding on January13, 2020. The transaction will include participation from returning investor PNC Process Systems Co., Ltd. (SHSE:603690). The transaction has been approved by investor in 42nd meeting of the 3rd board of directors and the 32nd meeting of the 3rd board of supervisors.