Guangzhou Xingsen Semiconductor Co., Ltd. announced that it expects to receive CNY 1.605 billion in funding from Shenzhen Fastprint Circuit Tech Co.,Ltd.

Guangzhou Xingsen Semiconductor Co., Ltd. announced that it will receive CNY 1,605,000,000 in a round of funding on August 2, 2023. The transaction will include participation from returning investor for CNY 1,605,000,000 to maintain the majority stake in the company. The company will issue common shares in the transaction.