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Changzhi Hanhai (Shanghai) Private Investment Fund Partnership (Limited Partnership) was recently established with a capital contribution of 3.91 billion yuan. Its business scope includes equity investment, investment management, and asset management of private funds. CXMT, a leading domestic DRAM memory chip enterprise, contributed 1.173 billion yuan through its wholly-owned subsidiary, Changxin Xinju Equity Investment (Anhui) Co., Ltd., becoming the largest contributor to the fund and participating as an LP. Currently, CXMT is in a critical sprint phase following the approval of its IPO on the STAR Market. This participation in fund investment underscores its strategic intent to expand from an industry leader to an industrial capital player.
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