B · Normal
[Tuojing Technology: A wholly-owned subsidiary plans to invest no more than 300 million yuan to participate in the establishment of a private equity fund] On November 13, Tuojing Technology (688072.SH) announced that the company’s wholly-owned subsidiary Shanghai Yanquan Technology plans to participate in the establishment of a long-term second-phase industrial investment fund as a limited partner, with a subscribed capital of no more than 300 million yuan, which is expected to account for no more than 10% of the total subscribed capital of the fund. The fund mainly invests in "computing sense applications" and related fields of the semiconductor industry chain, with a duration of 9 years. Since the related party China Micro Shanghai jointly participated in the investment, this transaction constituted a related transaction, but it did not constitute a major asset restructuring.
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