Huarun Micro Does LP-LP

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Summary

Huarun Micro plans to set up a Chongqing equity investment fund with several institutions to focus on semiconductor core areas. The fund targets core equipment, key components, key materials, and high-end chip design, with an emphasis on domestic substitution and independent technology. Huarun Micro has committed about 194 million yuan, and the total planned capital commitment is 1.94 billion yuan. The project has already passed board approval and is still in the planning stage, with no formal partnership agreement signed yet.

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