AMEC establishes private equity fund to invest in the industry chain
Shanghai Zhiwei Private Equity Fund Management Co., Ltd. was established with a registered capital of RMB 10 million. The legal representative is Liu Xiaoyu. The business scope includes private equity investment fund management and venture capital fund management services. The new fund is registered in the Lingang New Area.
The shareholders of Shanghai Zhiwei Private Equity Fund Management Co., Ltd. include Liu Xiaoyu (shareholding 45% and subscribed capital of 4.5 million yuan), China Micro Semiconductor (Shanghai) Co., Ltd. (shareholding 45% and subscribed capital of 4.5 million yuan), and Jiaxing Furenheng Enterprise Management Partnership (Limited Partnership) (shareholding 10% and subscribed capital of 1 million yuan).
On January 14 this year, AMEC issued an "Announcement on Joint Investment with Related Parties to Establish a Private Equity Fund Manager and Related Transactions". The announcement shows that in order to further strengthen the upstream and downstream collaboration of the industrial chain, the company's wholly-owned subsidiary AMEC (Shanghai) Co., Ltd. (hereinafter referred to as "AMEC Shanghai") intends to jointly invest with Liu Xiaoyu and Jiaxing Furenheng Enterprise Management Partnership (Limited Partnership) (hereinafter referred to as "Furenheng") to establish Shanghai Zhiwei Private Equity Fund Management Co., Ltd. (hereinafter referred to as "Zhiwei Company"). Zhiwei Company has a registered capital of 10 million yuan, of which Liu Xiaoyu subscribed 4.5 million yuan and held 45% of the shares; AMEC Shanghai subscribed 4.5 million yuan and held 45% of the shares; Furenheng subscribed 1 million yuan and held 10% of the shares.
In addition, the announcement shows that Liu Xiaoyu has worked in SMIC and AMEC for more than 20 years. He has accumulated rich work experience in these two leading semiconductor companies, established extensive semiconductor industry connections, and has a deep understanding of the semiconductor industry and capital markets. During his tenure at AMEC, he was responsible for AMEC's investment business and participated in more than 30 projects, involving an investment amount of more than 2 billion yuan. Investment cases include Tuojing Technology, SMIC, Tianyue Advanced, Huahong Company, Delong Laser, Jingsheng Shares, Kema Technology, Pioneer Precision, etc., with outstanding performance. The cooperation with Liu Xiaoyu as a private equity fund manager can give full play to the company's financial and industry advantages and further strengthen the upstream and downstream collaboration of the company's industrial chain. Furenheng is a partnership established by Liu Xiaoyu and Xu Jing. The company and Liu Xiaoyu and Xu Jing, who have rich investment experience in the semiconductor field, jointly invested in the establishment of a private equity fund manager, which can provide value judgment for future investment projects and help enhance the market competitiveness of the invested enterprises .
