➀ Chongqing Xinlian Microelectronics Co., Ltd. received a significant investment of 2.155 billion yuan from the National Integrated Circuit Industry Investment Fund Phase II, marking a rare early-stage investment by the fund. ➁ The company, founded only 9 months ago, is focused on automotive-grade chips and is expected to quickly become a near-billion-dollar unicorn. ➂ Chongqing's efforts to revitalize its automotive industry include strong policy support and investment in smart网联新能源汽车, with the city aiming to reclaim its title as the 'No. 1 Automotive City' in China.
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