Li Chuang Mall Gets 250 Million Yuan Financing To Build AI Intelligent Trading System

The spot component trading platform officially announced the completion of the 250 million yuan A round of financing, the current round of investment for Sequoia Capital China fund and Zhong Ding capital, but also set a new high B2B financing for Chinese components. The financing will be used to build AI intelligent trading system and data service in the whole industry chain, and continue the "China core growth acceleration plan".

In 2018, China's total imports of integrated circuits exceeded US $300 billion for the first time, and IC has become a major import commodity in China. As of 2018, there were about 33 domestic and overseas distributor of large-scale components, of which 9 were listed companies, with a total revenue of about 161 billion 900 million yuan, and led by 9 growth rate in other regions of the world.

In this regard, Li Chuang mall CEO Yang Linjie believes that component electronics business 2 will be the era of ecological integration of the electronic industry chain.

Statistics show that the Li Chuang mall was established in 2011 as a spot self operated electronic business platform, with more than 1 million registered users and nearly 4000 orders per day, with more than 70000 square meters of modern component warehouses, and over 200000 spot stocks, basically realizing the 4 hour flashover delivery of orders, providing one-stop shopping, NPI, initial design proofing and so on.