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Qinghe Crystal completes approximately 500 million yuan strategic financing with Zhongwei Company participating as lead investor
People’s Financial News, March 24 — Recently, Qinghe Jingyuan completed approximately 500 million yuan in strategic financing. The round was led jointly by Semiconductor Manufacturing International Corporation (SMIC) and Futeng Capital, with BAIC Industry Investment participating as a follow-on investor; existing shareholder InnoFund continued to increase its investment. It is reported that the funds will be focused on core technology research and development, continuous iteration of high-end product matrix, building a world-class R&D and delivery team, and expanding production facilities to meet industry explosive demand, ensuring the company’s core competitiveness and industry leadership in the high-end bonding equipment sector.