# Changsha Yingxin Semiconductor fully acquires Jiangsu Lianheng Wuyu Technology

Changsha Yingxin Semiconductor Technology Co., Ltd. acquired the remaining 70% and 30% equity of Jiangsu Lianheng Wuyu Technology Co., Ltd. from Weida (China) Co., Ltd. and Jiangsu Hengli Brake Manufacturing Co., Ltd., completing a wholly-owned acquisition. The company also completed an A+ round financing of tens of millions of yuan at a valuation over 1.2 billion yuan.

- Type: Acquisition
- Announced: 2024-04-19
- Where: China
- Status: completed
- Products: IoT chips, RFID tags
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Changsha Yingxin Semiconductor Technology Co., Ltd.](https://endata.com/companies/76917.md) (acquirer)
- [Jiangsu Lianheng Wuyu Technology Co., Ltd.](https://endata.com/companies/76918.md) (target)
- [Weida (China) Co., Ltd.](https://endata.com/companies/76919.md) (partner)
- [Jiangsu Hengli Brake Manufacturing Co., Ltd.](https://endata.com/companies/76920.md) (partner)

## Sources

- [yxemi.com](https://yxemi.com/?news-en%2F53.html=), 2024-04-19: "Changsha Yingxin Semiconductor acquired 70% and 30% equity of Jiangsu Lianheng Wuyu Technology Co., Ltd. ... completing the wholly-owned acquisition of Lianheng Wuyu"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.