3PEAK Unveils Plan to Allocate 30 Million Yuan for Subscription of Shares in Puhua Chenguang Fund, with a Strategic Focus on Integrated Circuit Industry Chain Investments
1 day ago / Read about 0 minute
Author:小编   

3PEAK has officially declared its intention to participate as a limited partner in the Suzhou Puhua Chenguang Venture Capital Partnership Enterprise (Limited Partnership), by committing 30 million yuan of its proprietary funds. This investment will secure a 2.84% stake in the overall fund size. The subscription is being executed in collaboration with an associated entity, Tibet Yuanshi Venture Capital Management Co., Ltd., marking it as a related-party transaction. However, it is important to note that this transaction does not qualify as a significant asset restructuring event. The fund's primary investment focus will be on ventures within the integrated circuit industry chain, and it has been structured with a seven-year investment horizon.