世运电路战略投资，新声半导体完成近3亿元C轮融资

Core Insights - Shenzhen New Sound Semiconductor Co., Ltd. successfully completed a C-round financing of 269 million yuan, attracting strategic investments totaling 249 million yuan from leading automotive PCB company Shiyun Circuit and its affiliates, along with an additional 20 million yuan from existing shareholder Hongsheng Capital [1][3] Group 1: Market Expansion and Strategic Collaboration - The capital cooperation injects momentum into New Sound Semiconductor's expansion in the automotive market and initiates a new chapter of industrial chain collaboration between the filter and PCB sectors, which is significant for the scaling and diversification of domestic filters [3] - New Sound Semiconductor is a leading domestic filter company with strong capabilities in technology research and commercialization, supplying well-known brands such as Xiaomi, Honor, Samsung, and Motorola, particularly excelling in the BAW and TC-SAW high-end markets [3][4] - New Sound Semiconductor is the first domestic filter company to pass the AEC-Q200 automotive certification, achieving mass production of several automotive-grade filters, which is a key reason for Shiyun Circuit's investment [3][4] Group 2: Value Creation from Financing - The financing will enhance New Sound Semiconductor's market breakthroughs and service upgrades, allowing its automotive-grade filters to enter the front-end market rapidly, significantly shortening the cycle from certification to mass supply [4] - The funding will also strengthen New Sound Semiconductor's service capabilities for domestic ODM manufacturers and consumer electronics clients, enabling a more precise response to evolving technical demands during the chip localization process [4] Group 3: Synergistic Effects and Competitive Advantage - Shiyun Circuit's strategic investment will extend and enhance the value of the industrial chain, integrating its business with filters as a core automotive component to create a "PCB + filter" integrated solution capability [4][5] - The collaboration will focus on efficient implementation and technological integration in the automotive market, systematically reducing market expansion risks and compressing technology conversion cycles, thereby establishing competitive barriers in the accelerating AI hardware and application landscape [5]