Suzhou Xizhi Technology Co., Ltd., a high-tech company specialising in third-generation semiconductors, was incorporated in October 2017. It is committed to becoming a world-class manufacturer of automotive-grade power and power module components.  

In less than a year after it began operations formally in October 2021, it had received RMB110 million of financing from the angel and angel+ rounds, and been recognised as the Leading Growth Enterprise in Suzhou Industrial Park and the Major Technology Investment Project in Suzhou Industrial Park.