AlphaMaven AlphaMaven

Xiaomi-affiliated capital makes another chip-sector move: Hanxing Venture Capital takes stakes in two semiconductor firms on the same day

Reported by Finance
Oct 29, 2026· 2 min read
Save Post LinkedIn Email
Key Takeaways
  • • Hanxing Venture Capital Co., Ltd., wholly owned by Xiaomi Technology Co., Ltd., was added as a shareholder in two semiconductor design companies, per corporate registration records on the Tianyancha app.
  • • Hanxing holds 2% of Wuhan Archimedes Semiconductor, where CATL also took a 4% stake, and 4.014% of Xinciyuan Semiconductor (Hangzhou).
  • • Xinciyuan's registered capital rose from CNY 1.24375 million (about $190,000) to about CNY 1.3202 million (about $200,000) following the change.
  • • Wuhan Archimedes Semiconductor was established in January 2026 and is less than a year old, yet now has two industry shareholders, Xiaomi-linked capital and CATL.
Summary
Xiaomi-affiliated investment capital has taken minority stakes in two Chinese semiconductor design firms, according to business registration records reviewed by finance.biggo.com via the Tianyancha app. Hanxing Venture Capital Co., Ltd., which is wholly owned by Xiaomi Technology Co., Ltd., was added as a shareholder in both Wuhan Archimedes Semiconductor Co., Ltd. and Xinciyuan Semiconductor (Hangzhou) Co., Ltd. The changes were registered in succession within the same window, which the publication characterized as another chip-sector move by Xiaomi-affiliated capital.

Hanxing holds a 2% stake in Wuhan Archimedes Semiconductor and a 4.014% stake in Xinciyuan Semiconductor. In the Wuhan Archimedes round, battery maker CATL (Contemporary Amperex Technology Co., Limited) also became a shareholder, with a 4% stake, so Xiaomi-linked capital and CATL now appear together on that company's register. Xinciyuan added Hanxing as its only new shareholder, and its registered capital increased from CNY 1.24375 million (approximately $190,000) to about CNY 1.3202 million (approximately $200,000).

Both companies list integrated circuit design and chip design services among their business scopes. Wuhan Archimedes Semiconductor was established in January 2026 and its scope also extends to integrated circuit manufacturing and sales. The stake sizes are small, and the source does not disclose transaction values or the amounts Hanxing paid, so the financial significance of the deals is limited based on available information. The moves nonetheless extend Xiaomi's positioning along the semiconductor supply chain, consistent with the broader wave of corporate and venture investment into Chinese chip companies.

Go deeper than the headline

Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.

Start your free 7-day trial

Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Finance Xiaomi-affiliated capital makes another chip-sector move: Hanxing Venture Capital takes stakes in two semiconductor firms on the same day