Empyrean Technology Co.,Ltd. (301269.SZ) announced its intention to participate in the establishment of Tianjin Zhongwan Xinsheng Management Consulting Partnership (Limited Partnership) (tentative name, subject to final approval by market regulators). The move aims to support the company's strategic development and deepen its investment footprint in the EDA sector while ensuring daily operations remain unaffected and investment risks are effectively controlled.
The partnership will be jointly established with Guangdong Hengqin Zhongjiwan Enterprise Management Co., Ltd. and Tianjin Binhai New Area Venture Capital Guidance Fund Co., Ltd. The total committed capital for Zhongwan Xinsheng is RMB 110.01 million, of which Empyrean Technology will contribute RMB 100 million, securing a 90.9008% partnership stake upon completion of the investment.
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