A consortium of investors led a $340m Series C+ round in SJ Semiconductor.

A consortium of investors including Legend Capital, Goldstone Investment, Ince Capital, Jade Stone Venture, Shang Qi Capital, Lifeng Investment, TCL Capital, China Fortune-Innovation Capital, Pujian Investment and Oriza, led a $340m Series C+ round in SJ Semiconductor, a provider of integrated circuit chips. "The rapid development and penetration of digital technology and artificial intelligence has created a huge demand for high-performance smart terminals and computing power infrastructure. In the post-Moore era, the field of integrated circuit packaging ushered in Unprecedented opportunities for industrial upgrading and development, which will further promote multi-chip high-performance heterogeneous integration and miniaturization of hardware systems. After nearly ten years of development, Shenghe Jingwei has grown into a benchmark enterprise for silicon-level advanced packaging in China, and further develops advanced Three-dimensional system integration chip business. We are honored to be able to participate in the business of Shenghe Jingwei, and believe that the company will lead the development of China's high-end advanced packaging industry with its strength in the future and become a globally competitive enterprise," Ge Xinyu, Legend Capital Managing Director.