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On December 3rd, Empyrean Technology made an official announcement, revealing its plans to co-found the Tianjin Zhongwan Xisheng Management Consulting Partnership Enterprise (Limited Partnership). This collaborative effort involves Guangdong Hengqin Yueao Deep Cooperation Zone Zhongjiwan Enterprise Management Co., Ltd. and Tianjin Binhai New Area Venture Capital Guidance Fund Co., Ltd. The total investment for this joint venture reaches 110 million yuan, with Empyrean Technology taking the lead by contributing 100 million yuan, which grants it a 90.9008% ownership stake. This strategic investment is specifically aimed at the realm of digital chip hardware-assisted verification, aligning with Empyrean Technology's broader strategic vision in the Electronic Design Automation (EDA) industry.
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