China's General Semiconductor lands Series B, valued near $150M after Jiuzhou Yigui bet

What's the deal? General Semiconductor has raised several hundred million yuan in a Series B round, the company announced in July 2026. Jiuzhou YiguiDealroom has a profile for this one. Try Dealroom → contributed 69.99 million yuan for a roughly 6.47% stake, implying a company valuation of just over 1 billion yuan.

What's the endgame? The company describes itself as an international smart equipment manufacturer, focused on developing and producing high-end semiconductor industry equipment and materials.

The signal: Backing for domestic chip-equipment makers reflects China's continued push to build homegrown capacity across the semiconductor supply chain.

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