Ant Group's subsidiary company invests in Xinyuan Semiconductor.

According to the Qichacha APP, Xinyuan Semiconductor Co., Ltd. has undergone a change in its business registration, with the original shareholder, Shanghai Lianzhi Entrepreneurial Investment Management Center, exiting and new shareholders, Shanghai Yunya Enterprise Management Consulting Co., Ltd. under Ant Financial Services Group and Accelerator XIII Ltd., entering. The registered capital has increased from approximately 46.537 million RMB to approximately 50.297 million RMB. Xinyuan Semiconductor Co., Ltd. was established in October 2019, with XIANGZHANG as the legal representative. It is currently jointly owned by Shanghai Lianhe Investment Co., Ltd., Shanghai Xincun Management Consultancy Partnership Enterprise, and the aforementioned new shareholders. The company's official website indicates that it focuses on the research and development of ReRAM new storage technology and related chip products.