Wanye subsidiary invests 299m yuan in semiconductor fund

Wanye's subsidiary Nantong Wanye will invest 299 million yuan in the Chongqing Liangjiang Xincheng Semiconductor Private Equity Investment Fund Partnership, representing 29.90% of the fund's 1 billion yuan target size.

The fund will target integrated circuit upstream and downstream companies, plus firms in digital economy, artificial intelligence, and new energy sectors.