On December 3, Empyrean Technology made an announcement stating that it has teamed up with Zhongjiwan Enterprise Management Co., Ltd., situated in the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, Guangdong, along with Tianjin Binhai New Area Venture Capital Guidance Fund Co., Ltd. Together, they have jointly launched the establishment of Tianjin Zhongwan Xinsheng Management Consulting Partnership Enterprise (Limited Partnership) and have successfully wrapped up the pertinent industrial and commercial registration procedures. The fund boasts a total subscribed capital contribution of 110.01 million yuan, with Empyrean Technology contributing a substantial 100 million yuan and thereby securing a 90.9008% partnership stake. This investment, classified as a related-party transaction, is geared towards investing in top-tier domestic companies specializing in hardware-assisted verification within the realm of digital chip design, with the overarching goal of expediting the widespread adoption of full-process EDA tools for digital circuit design.