Tianshui Huatian Technology (002185.SZ) Plans to Establish Jiangsu Huatian Shengyu Fund for Semiconductor Industry Investment

Stock News09-17

Tianshui Huatian Technology Co.,Ltd. (002185.SZ) announced that its subsidiary Xi'an Tianli Investment Partnership (Limited Partnership) ("Xi'an Tianli"), together with Shanghai Shengyu Equity Investment Fund Management Co., Ltd. ("Shanghai Shengyu") and Nanjing Shengyu Investment Management Co., Ltd. ("Nanjing Shengyu"), has signed a Partnership Agreement for the Jiangsu Huatian Shengyu Industrial Investment Fund (Limited Partnership). The three contributors plan to jointly establish the Jiangsu Huatian Shengyu Industrial Investment Fund (Limited Partnership) (tentative name) through cash contributions.

The total committed capital from all partners amounts to 2 billion yuan. Shanghai Shengyu, serving as the general partner, will contribute 118 million yuan, representing a 59% stake. Xi'an Tianli, as a limited partner, will contribute 80 million yuan, accounting for 40% of the total. Nanjing Shengyu, also as a limited partner, will contribute 2 million yuan, representing 1% of the fund.

The fund is intended to invest in semiconductor chip design, semiconductor packaging and testing equipment and materials, and other areas within the semiconductor industry. This initiative is expected to help identify targets or collaborative projects with strategic synergy to the company's core integrated circuit packaging and testing business, promoting the integration of industrial resources.

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