Recently, semiconductor fab equipment supplier “Zunxin Intelligent Technology” announced the completion of tens of millions of yuan angel round financing, this round of financing led by Tongchuang Weiye, co-lead capital investment. After the completion of this round of financing, the funds raised will be mainly used for the R&D and mass production preparation of Stocker in the company’s automatic material handling system (AMHS), the research and development of OHT overhead crane system and overseas layout.

Jie Broad & Bright’s Shanghai office lawyers Jing Ruoyang, Dong Jiongpei and Wu Lixin provided full legal services on behalf of Zunxin Intelligent Technology.

Founded in 2020, Zunxin Intelligent Technology is a semiconductor fab equipment company, focusing on the production, R&D and sales of one of the core semiconductor upstream equipment – fab automatic material handling system (AMHS), and is committed to realizing the domestic replacement of AMHS. “Zunxin Intelligent Technology” is currently preparing to set up a Korean branch and plans to supply its products overseas.