Changsha Yingxin Semiconductor Technology Co., Ltd.

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.