On September 2nd, Empyrean Technology made public its decision to allocate 90 million yuan as a limited partner, subscribing for shares in the Qingdao JGSC HX Equity Investment Partnership. With a total committed capital of 451 million yuan, the fund is set to primarily target investments in key sectors including semiconductors, mobile communications, automotive electronics, robotics, intelligent manufacturing, and the Internet of Things. This strategic move aims to bolster collaboration along the industrial chain and collectively nurture the growth of a domestic EDA ecosystem.
