Wanye Enterprises: Nantong Wanye to Invest RMB 299 Million in Chongqing Liangjiang Xincheng Semiconductor Private Equity Fund
2 week ago / Read about 0 minute
Author:小编   

Nantong Wanye, a wholly-owned subsidiary of Wanye Enterprises, intends to invest RMB 299 million in the establishment of the Chongqing Liangjiang Xincheng Semiconductor Private Equity Investment Fund, acquiring a 29.90% equity stake. The fund is dedicated to investments in integrated circuits and their upstream and downstream industries, prioritizing enterprises with core technologies and significant development potential. As related parties serve as the fund manager and general partner, this investment is classified as a related party transaction.