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- Xinshinuo Semiconductor
Xinshinuo Semiconductor Acquisition, Valuation, Funding & Investors
Xinshinuo Semiconductor was acquired by China Fortune-Tech Capital for $238M in December 2022.
Xinshinuo Semiconductor acquisition price
$238M
Acquired by China Fortune-Tech Capital · Dec 2022
Cumulative funding Xinshinuo Semiconductor raised
$72M
across 2 funding rounds
Key investors in Xinshinuo Semiconductor
Gobi Partners
CICC Capital
Beijing E-town International Investment & Development
China Internet Investment Fund
CAS Investment Management
Xuhui Venture Capital
Industrial Bank China
Bank Of China
Xinshinuo Semiconductor Overview
About Xinshinuo Semiconductor
Xinshinuo Semiconductor is a domestic provider of semiconductor equipment and related technologies.
Founded
2022
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Product sales
Valuation
$756M (Dec 2025)
Sectors
Xinshinuo Semiconductor Acquisition
Xinshinuo Semiconductor was acquired by China Fortune-Tech Capital for $238M on 5 December 2022.
Before the acquisition Xinshinuo Semiconductor had raised $72M across 2 funding rounds.
Siasun Robot & Automation agreed in December 2022 to sell a 65% stake in its wholly owned subsidiary Xinshinuo Semiconductor to 17 investors for CNY 1.073 billion. About 35% went to five limited partnerships managed by SMIC Juyuan, the investment arm launched by Semiconductor Manufacturing International Corporation, and the remaining 30% went to other state-backed and professional funds, including the Beijing Integrated Circuit Equipment Industry Investment and Acquisition Fund. The price implies a valuation of about CNY 1.65 billion for the whole company, and Siasun kept the remaining 35%. Siasun said the transaction brought in industrial strategic partners to help Xinshinuo win Chinese semiconductor customers, markets and capital as it localises automated material handling systems. Xinshinuo had been founded in October 2022 and held the Korean overhead hoist transport maker SYNUS Tech, which Siasun had bought in full in October 2022. The company supplies automated material handling systems to semiconductor, display panel and battery plants and is based in Suzhou. The Shenzhen Stock Exchange sent Siasun an inquiry letter about selling control so soon after the acquisition.
| Acquirer | Date | Type | Price |
|---|---|---|---|
| 5 Dec 2022 | PE buyout | $238M |
Sources: jiemian.com, finance.sina.cn
Xinshinuo Semiconductor Valuation
Xinshinuo Semiconductor is currently valued at $756M, based on its Series A in December 2025. Read the announcement ↗
The $72M round was led by CAS Investment Management and China Internet Investment Fund, with participation from Xuhui Venture Capital, Hongshi Capital, Industrial Bank China, ICBC China, Hefei City Construction and Investment Holding Group and 2 other investors.
Xinshinuo Semiconductor valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Dec 2025 | Series A | $756M |
Xinshinuo Semiconductor Funding History
Xinshinuo Semiconductor has raised a total of $72M across 2 funding rounds.
Xinshinuo Semiconductor's first fundraising round was a Series A in July 2024. The most recent completed round was a $72M Series A in December 2025.
Xinshinuo Semiconductor funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Dec 2025 | Series A | CAS Investment Management (lead); China Internet Investment Fund (lead); Xuhui Venture Capital; Hongshi Capital; Industrial Bank China; ICBC China; Hefei City Construction and Investment Holding Group; Bank Of China; Guolian Capital | $72M | $756M | Xinshinuo Semiconductor completed an A+ financing round of more than CNY 500 million, announced around 15 December 2025. The round was co-led by CAS Investment Management (Guoke Investment) and the China Internet Investment Fund. Guolian Capital, Hefei City Construction and Investment Holding Group and Xuhui Venture Capital took part, alongside investment arms of Bank of China, Industrial and Commercial Bank of China and Industrial Bank, and existing shareholder Hongshi Capital followed on. The company said the proceeds would go to core technology research, market expansion and building an industry ecosystem, and a valuation of about USD 756 million has been reported for the round. Xinshinuo is based in Suzhou and was founded in October 2022 by Siasun Robot & Automation, SMIC Juyuan and Nuohua Capital. It supplies automated material handling systems for semiconductor fabs, display panel plants and battery factories, including overhead hoist transport vehicles. The company wholly owns the Korean AMHS maker SYNUS Tech, which was founded in 1977. |
| Jul 2024 | Series A | Beijing E-town International Investment & Development; Gobi Partners; CICC Capital | - | - | Xinshinuo Semiconductor completed a Series A financing of several hundred million yuan in July 2024. The round was jointly invested by funds under CICC private equity, the Beijing Yizhuang state investment platform and Gobi Greater Bay Area, together with other institutions, and existing shareholders Suzhou High-tech Industrial Investment and Suzhou High-tech Financial Control followed on. The exact amount was not disclosed. The company said the proceeds would mainly fund development and volume production of its fifth-generation overhead hoist transport system. Xinshinuo is based in Suzhou and was founded in October 2022 by Siasun Robot & Automation, SMIC Juyuan and Nuohua Capital. It supplies automated material handling systems for semiconductor fabs, display panel plants and battery factories, and wholly owns the Korean AMHS maker SYNUS Tech. |
Who has invested in Xinshinuo Semiconductor?
12 investors have backed Xinshinuo Semiconductor across its funding rounds, including Gobi Partners, CICC Capital, Beijing E-town International Investment & Development, China Internet Investment Fund, CAS Investment Management and Xuhui Venture Capital.
Lead investors include CAS Investment Management and China Internet Investment Fund.
Xinshinuo Semiconductor Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Jul 2024 | ||
| 1 | Participant | Dec 2025 | ||
| 1 | Participant | Dec 2025 | ||
| 1 | Participant | Jul 2024 | ||
| 1 | Lead | Dec 2025 | ||
| 1 | Participant | Jul 2024 | ||
| 1 | Lead | Dec 2025 | ||
| 1 | Participant | Dec 2025 | ||
| 1 | Participant | Dec 2025 | ||
| 1 | Participant | Dec 2025 | ||
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Start Free TrialXinshinuo Semiconductor Competitors
Xinshinuo Semiconductor competitors include listed companies like CEVA, Skyworth Group, Hubei Tech Semiconductors and MTCN Technology, and private ones like Openchip and Efficient Computer.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $110M | ($7M) | $763M | 4.6x | ||
| Publicly listed | $11B | $365M | $748M | - | ||
| Publicly listed | $54M | $10M | $766M | - | ||
| Publicly listed | $64M | $17M | $743M | - | ||
| Private | - | - | $791M | - | ||
| Private | - | - | $650M | - |
Xinshinuo Semiconductor Public Comps
Xinshinuo Semiconductor is no longer listed, but its public comps include CEVA, Skyworth Group, Hubei Tech Semiconductors, MTCN Technology, SENASIC Electronics Technology, Foxsemicon, PixArt Imaging, Crealights Technology Co, Alpha & Omega and X-FAB.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $110M | ($7M) | 5.1x | 4.6x | (83.9x) | 29.3x | |||
| $11B | $365M | 0.3x | - | 9.4x | - | |||
| $54M | $10M | 12.0x | - | 64.2x | - | |||
| $64M | $17M | 12.1x | - | 44.7x | - | |||
| $72M | ($48M) | 8.9x | - | (13.4x) | - | |||
| $633M | $112M | 1.2x | 1.0x | 7.0x | 8.3x | |||
| $277M | $71M | 1.8x | 1.7x | 6.9x | 6.4x | |||
| $183M | ($8M) | 3.9x | - | (87.5x) | - | |||
This data is available for Pro users. Sign up to see all Xinshinuo Semiconductor competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Xinshinuo Semiconductor
| When was Xinshinuo Semiconductor founded? | Xinshinuo Semiconductor was founded in 2022. |
| Where is Xinshinuo Semiconductor headquartered? | Xinshinuo Semiconductor is headquartered in China. |
| Is Xinshinuo Semiconductor publicly listed? | No, Xinshinuo Semiconductor was acquired by China Fortune-Tech Capital in December 2022. |
| Who acquired Xinshinuo Semiconductor? | Xinshinuo Semiconductor was acquired by China Fortune-Tech Capital in December 2022. |
| How much was Xinshinuo Semiconductor acquired for? | Xinshinuo Semiconductor was acquired for $238M in December 2022. |
| What is Xinshinuo Semiconductor's valuation? | Xinshinuo Semiconductor was last valued at $756M in its Series A in December 2025. |
| How much funding has Xinshinuo Semiconductor raised? | Xinshinuo Semiconductor has raised $72M across 2 funding rounds. |
| What was Xinshinuo Semiconductor's last funding round? | Xinshinuo Semiconductor's last funding round was a $72M Series A in December 2025, led by CAS Investment Management and China Internet Investment Fund. |
| Who are Xinshinuo Semiconductor's investors? | Xinshinuo Semiconductor's investors include Beijing E-town International Investment & Development, Xuhui Venture Capital, Hongshi Capital, Gobi Partners, CAS Investment Management, CICC Capital, China Internet Investment Fund, Industrial Bank China, ICBC China, Hefei City Construction and Investment Holding Group and 2 others. |
| Which companies are comparable to Xinshinuo Semiconductor? | Companies comparable to Xinshinuo Semiconductor include CEVA, Skyworth Group, Hubei Tech Semiconductors, MTCN Technology, Openchip and Efficient Computer. |
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