The target size of the M&A fund is RMB 201 million, including UF Investment’s general partner and executive partner of the fund, and subscribed for a contribution of RMB 1 million; Jiejie Investment, as a limited partner of the M&A fund, subscribed to pay RMB 20 million yuan.
According to the disclosure, the main business scope of Nantong YouJie Equity Investment Management Center (Limited Partnership) is semiconductor-related industry investment, equity investment, venture capital, industrial investment.
Jie Jie Microelectronics stated that the controlling shareholder of the company, Jie Jie Investment, has participated in the establishment of the M&A Fund with the aim of fully mobilizing social capital and industrial resources, capitalizing on the capital strength of the M&A Fund and the professional capabilities of external institutions to give full play to their respective advantages within the semiconductor industry. Related potential projects to invest in mergers and acquisitions fund. For the company to obtain potential opportunities for high-quality corporate mergers and acquisitions in related fields such as the semiconductor industry, to reduce the risks that the company may face due to direct intervention in mergers and acquisitions.