Chen Xin Science and Technology has completed a round of financing of 1 100 million yuan. What is the development prospect of the company?

Chen Xin Science and Technology is a silicon carbide track technology enterprise. Recently, A-round 1 100 million yuan financing was completed, which was exclusively led by Wu Yuefeng Semiconductor Industry Fund and followed by Dongfang Jiafu, the old shareholder. This round of financing funds will be mainly used for R&D and mass production of exclusive domestic silicon carbide semiconductor test equipment full-spectrum products and medical silicon carbide core power device products.

According to the survey data, Chen Xin Science and Technology was founded on 20 18, which is a high-tech enterprise specializing in the research, development, production and sales of silicon carbide semiconductor devices.