GigaDevice Unveils Plan to Invest 400 Million Yuan in Private Equity Fund
12 hour ago / Read about 0 minute
Author:小编   

GigaDevice has officially declared its intention to allocate 400 million yuan from its own coffers to acquire roughly 25.87% of the fund shares in the Shanghai Shixi GigaDevice Zhixin Venture Capital Partnership Enterprise (Limited Partnership) (name subject to change), assuming the role of a limited partner. This fund is predominantly geared towards investing in unlisted companies operating within sectors such as integrated circuits, with a stipulation that at least 70% of the total fund capital must be channeled into the integrated circuit industry. The investment scope encompasses enterprises at various stages, including start-ups, small and medium-sized enterprises (SMEs), and high-tech firms.