TMTPOST — Xinlian Power, a subsidiary of listed compound semiconductor maker Xinlian Integrated, has completed a Series C financing of nearly 2 billion yuan. The round was led by China Mobile’s Chain Leader Fund, with participation from Inspur Information, Yuanjing Capital, Sinopec Hydrogen Energy Fund, Naura Novax Capital, Jiangfeng Electronics, Changzhou Xingyu, Cathay Capital, Puzhao Capital, CCB Equity, CITIC Goldstone, CITIC Securities and Galaxy Yuanhui. The company focuses on silicon carbide and gallium nitride semiconductors and module packaging. Its silicon carbide business ranks first in China and among the global top five.