XP
Xinlian Power
China · Hardware · Industrial tech
Xinlian Power develops and manufactures compound semiconductors and power modules for electric vehicles and AI infrastructure.
Company
Xinlian Power is a Shaoxing-based compound semiconductor company founded in 2023 and controlled by United Nova Technology. It designs, develops and manufactures silicon carbide and gallium nitride devices, alongside module packaging.
Its established automotive business supplies power semiconductors used in electric vehicles. The company is extending that manufacturing expertise into AI data-centre power conversion, including devices for high-voltage direct-current supplies and solid-state transformers. Some higher-voltage products are at customer validation or research stages.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Series C | ~CN¥2B | China Mobile Industrial Chain Leader Fund — LeadCathay — ParticipantCCB Equity Investment Management — ParticipantCITIC Goldstone — ParticipantCITIC Securities — ParticipantIEIT SYSTEMS — ParticipantKonfoong Materials International — ParticipantNaura Novax Capital — ParticipantPuchao Capital — ParticipantSinopec Hydrogen Energy Fund — ParticipantVision Plus Capital — ParticipantXingyu Co., Ltd. — ParticipantYinhe Yuanhui — Participant |