According to the partnership agreement, the fund's total capital commitment is RMB 1.616 billion, of which RMB 16.16 million is contributed by Shanghai Shengxin (accounting for 1%), RMB 800 million is contributed by the National IC Fund (49.5%), RMB 165 million yuan was funded by SMIC wafers (10.21% of total) and RMB635 million was contributed by Uniforce Fund (39.29%). The fund will be managed by Infinity Tech.
The announcement shows that the fund will focus on investment in companies in semiconductor and semiconductor-related industries, in line with sales that can be displayed in China, and business operations continue to grow.
Shanghai Shuxin is an overseas merger and acquisition fund of Infintek, and since its establishment in 2001, it has managed assets of more than US$3 billion. Shanghai Shuxin leverages its accumulated leadership position in China's S&T investment, as well as experience, expertise, and expertise. Team and resources, successfully assisting multiple technology companies to become industry leaders.
Lianli Capital cooperated with Zhejiang Zhejiang Construction Brand Construction Promotion Association to lead the establishment and management of Lianhe Fund's series of funds. Lianli Fund was initiated under the “Zhejiang Manufacturing” overall strategic plan, which is to promote the transformation and upgrading of Zhejiang manufacturing industry. The important carrier of industrial brands. The investment objective of UFI is the equity interest of domestic and foreign manufacturers (especially the high-end electronic equipment industry).
Infintek is engaged in RMB investment and government projects commissioned by the National Development and Reform Commission and the Ministry of Finance. It has extensive investment experience in semiconductor related fields.