Eastech has declared its intent to join in the establishment of the Sichuan Chengde High-tech Venture Capital Investment Fund (Limited Partnership) (hereinafter known as the 'Chengde Fund'). The fund is set to amass a total of 620 million yuan, with Eastech earmarking 108.5 million yuan for investment, constituting 17.5% of the overall fund. This strategic move represents a significant stride for Eastech in fortifying its industrial cooperation with Chengdu and Deyang. By capitalizing on the resources and policy benefits offered by the local government's industrial guidance fund, Eastech aims to forge closer ties with the strategic emerging industry ecosystem in the Sichuan-Chongqing region. The company will prioritize the exploration of high-caliber collaborative projects across various domains, including artificial intelligence, intelligent manufacturing, medical technology innovation, and the digital economy.
