Huatian subsidiary establishes new semiconductor industrial fund

Tianshui Huatian Technology Co., Ltd. (Huatian) announced that its subsidiary, Xi'an Tianli Investment Partnership, will contribute to the establishment of the Jiangsu Huatian Shengyu Industrial Investment Fund. The total committed capital for the fund is CNY 20,000萬元. Xi'an Tianli will act as a limited partner, committing CNY 8,000萬元, representing a 40% stake.

Shanghai Shengyu Equity Investment Fund Management Co., Ltd. will be the general partner, committing CNY 11,800萬元 (59%), with Nanjing Shengyu Investment Management Co., Ltd. committing CNY 200萬元 (1%). The fund will primarily invest in semiconductor chip design, packaging, testing equipment, and materials, with a focus on unlisted companies.

The fund has a planned existence of ten years, with the first seven years designated as the investment period and the remaining three for exit. This investment aligns with Huatian’s development strategy, aiming to leverage industry resources and professional investment expertise to identify new business opportunities and enhance overall competitiveness.