According to the Semiconductor Industry Network, HuaDa JiuTian issued an announcement on July 26 that HuaDa JiuTian, Beijing Shengshi Zhida Investment Fund Management Co., Ltd. and Shaoxing Binhai New Area Integrated Circuit Industry Equity Investment Fund Partnership (Limited Partnership) signed the "Shaoxing JiuTian Shengshi Venture Capital Fund Partnership (Limited Partnership) Partnership Agreement" and jointly initiated the establishment of Shaoxing JiuTian Shengshi Venture Capital Fund Partnership (Limited Partnership) (tentative name, hereinafter referred to as the "Industry Fund").
The announcement shows that the total planned scale of the industrial fund is 500 million yuan. As a limited partner, HuaDa JiuTian plans to subscribe 100 million yuan of its own funds, mainly investing in the EDA field.
At the same time, HuaDa JiuTian also signed the "Anhui High-tech Yuanhe Puhua Private Equity Investment Fund (Limited Partnership) Partnership Agreement" with Chuzhou Yunjixin Enterprise Management Partnership (Limited Partnership), Suzhou Oriza Holdings Co., Ltd., and Ningbo Hongning Hengtai Xinmai Enterprise Management Partnership (Limited Partnership), and jointly initiated the establishment of Anhui High-tech Yuanhe Puhua Private Equity Investment Fund (Limited Partnership) (tentative name, hereinafter referred to as the "Industry Fund").
The announcement shows that the fund's target subscribed capital is 2.5 billion yuan, of which HuaDa JiuTian, as a limited partner, intends to subscribe 100 million yuan with its own funds. The industrial fund focuses on the ten emerging industries in the Yangtze River Delta region, expands and strengthens the chain-leading enterprises, supports key technologies and key projects with significant benefits in the process of supplementing, consolidating, extending and strengthening the industrial chain, and focuses on the hard technology field with semiconductors and intelligent manufacturing as the core. The investment amount in the specified investment shall not be less than 70% of the fund's investment amount.
HuaDa JiuTian stated that the investment in the two industrial funds is aimed at selecting and supporting outstanding EDA point tool companies, which will help to quickly deploy EDA-related targets, build a full-process EDA tool system, and further enhance corporate competitiveness.