Qi An Xin Group, a China-based cybersecurity solutions provider, has secured 1.5 billion yuan ($210.46 million) in its pre-initial public offering funding round.
The latest financing round received support from backers including IDG Capital, Xicheng Jinrui and 10 Fund, among others.
With the latest investment round, Qi An Xin has reached a total valuation of $3.22 billion.
More so, Qi An Xin plans to float shares on the newly-launched Sci-Tech Innovation Board, also known as STAR Market, in Shanghai in the near future.