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SDIC led a $129m Series B funding round in JLC Group.

Synopsis

SDIC, a state-owned investment holding company, led a $129m Series B funding round in JLC Group, a manufacturer of printed circuit boards, with participation from Xiamen C&D Emerging Industry Equity Investment and Eastern Bell Capital. The group has expanded its manufacturing services to the mechanical sector, offering services such as 3D printing, Computer Numerical Control machining, and sheet metal processing, among others.

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