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§ Private Profile · Wuhu, Anhui, China
IDM for silicon carbide (SiC) power semiconductors in new energy vehicles, renewables, and industrial power supplies.
Based in Wuhu, China, Anhui YOFC Advanced Semiconductor is an integrated device manufacturer that researches, develops, and produces silicon carbide power semiconductor products for industrial and automotive applications. The company reached a valuation exceeding 10 billion RMB after securing nearly 3.8 billion RMB in a 2023 Series A financing round to fund its manufacturing expansion. Its production capabilities target an annual capacity of 360,000 six-inch silicon carbide epitaxial wafers and 61 million power device modules. These components are primarily utilized across the new energy vehicle, photovoltaic, energy storage, and smart grid sectors. The enterprise is backed by its parent company, Yangtze Optical Fibre and Cable, alongside notable institutional and corporate investors including CRRC, Dongfeng Asset Management, and Changan Auto. Originally established as Wuhu Tus Semiconductor in 2018, the organization was restructured and renamed in 2022 following its acquisition.
Anhui YOFC Advanced Semiconductor has raised $675.8M across 2 funding rounds.
Anhui YOFC Advanced Semiconductor was acquired by Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) and subsequently renamed, becoming a subsidiary as part of YOFC's diversification strategy.
The company specializes in the research, development, and manufacturing of silicon carbide (SiC) power semiconductor products, operating as an Integrated Device Manufacturer (IDM).
YOFC acquired the company to promote diversification of its business operations and expand its presence within the advanced semiconductor industry.
Anhui YOFC Advanced Semiconductor was acquired by Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) and subsequently renamed, becoming a subsidiary as part of YOFC's diversification strategy.
The company specializes in the research, development, and manufacturing of silicon carbide (SiC) power semiconductor products, operating as an Integrated Device Manufacturer (IDM).
YOFC acquired the company to promote diversification of its business operations and expand its presence within the advanced semiconductor industry.
Anhui YOFC Advanced Semiconductor Co., Ltd. (YASC) is an Integrated Device Manufacturer (IDM) dedicated to the research, development, and production of silicon carbide (SiC) power semiconductor products. The company's operational focus is on creating advanced semiconductor solutions that cater to the evolving demands of various industries requiring high-performance power electronics. Its headquarters are located in Wuhu, Anhui, China.
The company's strategic direction is shaped by its role as a subsidiary of YOFC (Yangtze Optical Fibre and Cable Joint Stock Limited Company). YOFC's acquisition of the company, followed by its renaming to Anhui YOFC Advanced Semiconductor Co., Ltd., marked a significant step in the parent company's diversification strategy. This move enabled YOFC to extend its reach into the advanced semiconductor market.
As an IDM, Anhui YOFC Advanced Semiconductor manages the entire process from design and fabrication to packaging and testing of its SiC power semiconductor devices. This integrated approach allows for greater control over product quality and performance, ensuring that the components meet stringent industry standards for reliability and efficiency.
YOFC has demonstrated a substantial commitment to this diversification, including investments exceeding RMB 20 billion in research and development and related initiatives. This financial backing supports Anhui YOFC Advanced Semiconductor's efforts to innovate and scale its production capabilities in the competitive silicon carbide market. The company aims to leverage these investments to strengthen its position as a key player in advanced semiconductor manufacturing.
Anhui YOFC Advanced Semiconductor has raised $675.8M across 2 funding rounds. Most recently, it raised $144.1M Series A in February 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 6, 2026 | $144.1M Series A | Jiangcheng Fund, Yangtze River Industrial Investment Group | ChipCar Intelligent Connectivity Fund, Optics Valley Financial Holdings | Announced |
| Jun 19, 2023 | $531.7M Series A | — | CCB Trust, October Capital | Announced |