Huaqin Co.,Ltd. (SH: 603296) has announced that its wholly-owned subsidiary, Shanghai Moqin Intelligent Technology Co., Ltd., will join forces with Guangzhou Qigong Zhilian Equity Investment Partnership and other institutions to invest in Beijing Zirui Xinxing Technology Partnership.
The fund has a total committed capital of 322 million yuan, with Shanghai Moqin set to contribute 101 million yuan as a limited partner, representing approximately 31.25% of the fund's total size.
The fund will focus its investments exclusively on strategic emerging industries, with a particular emphasis on the integrated circuit sector.
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