Yinniu Microelectronics (Wuxi) Co., Ltd. announced that it has raised over CNY 500 million in a round of funding co-led by new investors, Hefei Industrial Investment Capital Venture Capital Management Co., Ltd., Accurate Capital, Beijing Jinxi Investment Holding Co., Ltd., Tianyu Digital Technology (Dalian) Group Co., Ltd. on November 27, 2023. The transaction also included participation from some old shareholders.