Financing | 'ORIENT' completes hundreds of millions of yuan in Series C financing with national venture capital leading the investment
Financing | 'ORIENT' completes hundreds of millions of yuan in Series C financing with national venture capital leading the investment
Recently, Shenzhen Orient Components Co., Ltd. (hereinafter referred to as 'ORIENT') completed hundreds of millions of yuan in Series C financing, with national venture capital leading the round. Other participating institutions include SMIC Venture Capital, Huadeng International, China Southern Power Grid, Shenzhen Capital Group SEG, and Tongwei.
This round of financing will be used to improve products and expand production capacity, as well as to increase market presence in photovoltaic energy storage, industrial automation, and new energy vehicles. Through this round of financing, ORIENT's optocoupler production capacity will double, and the company will establish the first fully automated optocoupler production line to support robot and machine operations, fully IT and automation process. It will continue to invest in research and development and technological progress, focusing on customer needs to provide more optocoupler products and solutions for industries such as industrial and new energy vehicles.
Founded in 1998, ORIENT is a national-level high-tech enterprise specializing in the research and development and manufacturing of optoelectronic wafers and optocouplers. It possesses core chip technology and has a complete IDM industry chain structure. The company has obtained more than 70 patents and serves thousands of customers.
ORIENT's branded optocouplers have evolved into a domestic high-end brand, with products falling into nine major categories, including transistor outputs, Schmitt triggers, controllable silicon drive optocouplers, high-speed isolated operational amplifier optocouplers, solid-state relay SSR optocouplers, IGBT isolation drivers, current and voltage sensors, linear optocouplers, and IPM high-speed interface isolation optocouplers, with over 400 models available. These products and services are provided to various industries such as communications, power, household appliances, vehicles, and new energy, with the ability to replace the majority of imported optocouplers from European, American, and Japanese brands in most applications. The company has also obtained IATF16949 certification for automotive standards and its optocoupler products have passed AEC-Q101 testing, widely used in various new energy vehicles.
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