On December 28th, the "2022 Caixin Annual Investment Summit", initiated by Caixin and co-organized by Shanghai United Media Group, Science and Technology Daily and Blue Whale Platform, was successfully held in Shanghai. The summit unveiled the list of "2022 Most Valuable Leaders in Financial Market", and CISTA was selected as the "Most Valuable Future Star of Investment of the Year".

CISTA Awarded the Most Valuable Future Star of Investment of the Year

The Caixin Investment Summit has been held for five times so far and is the highest profile and most popular annual IP event of Caixin. The summit is also one of the most influential annual award ceremonies in the financial market. This award is based on the development of China's economy and the foresight of China's financial market, relying on its professional research institutions, focusing on the characteristics of the financial market development to set up the list, using objective scoring and professional scoring to select companies that show excellent performance in the development of new technologies and new industrial investment.

As a high-tech enterprise specializing in independent research and development of CIS image sensors, CoreTech has formed a diversified product layout through continuous R&D investment, experienced core team and years of technology accumulation and application practice, which is widely used in cell phones, security, automotive, AIoT, wearable devices and other products, and has achieved mass production shipments of tens of millions of chips.

Benefiting from its bright performance in the industry in recent years, CISTA has gained repeated attention in the capital market and completed a C2 round of financing in 2Q2022 with a funding amount of nearly 300 million RMB, which is also the largest amount of financing in the CIS field market in 2022. Despite unfavorable factors such as the epidemic, wafer capacity shortage and market decline, CISTA still achieved good results in product innovation and market sales and received investments and multiple rounds of additions from many well-known institutions. This award is a recognition of CISTA's focus on technological innovation and the company's continuous development and progress. This award also fully demonstrates CISTA's potential in the CMOS image sensor field and will continue to provide quality CIS products and cutting-edge imaging technology solutions to the industry in the future.