TJ plans to participate in the establishment of the Juyuan Qixin Equity Investment Fund (Wuxi) Partnership

According to the Zhitong Finance APP, TJ (600667.SH) announced that in order to fully seize market opportunities and broaden the company's investment channels, the company plans to jointly invest with SMIC Juyuan and its wholly-owned subsidiary Juyuan Shengye, Wuxi Venture Capital, Jiaxing Dinghang Ark Venture Capital Partnership (Limited Partnership), Tianjin Yongtai Hengji Investment Co., Ltd., Jinan High-tech Capital Investment Co., Ltd., Gaoyou Industrial Guidance Fund (Limited Partnership), Jiaxing Honghu Yuancheng Equity Investment Co., Ltd., Shenzhen Zhongke Lanxun Technology Co., Ltd., Shanghai Xinyang Semiconductor Materials Co., Ltd., and Shanghai Canrui Technology Co., Ltd. to establish the Juyuan Qixin Equity Investment Fund (Wuxi) Partnership (Limited Partnership) (tentative name, subject to approval by the enterprise registration authority, referred to as "Qixin Fund"). The Qixin Fund will be managed by SMIC Juyuan and will invest through its subsidiary funds, mainly involving fields such as semiconductors, artificial intelligence, new materials, and advanced manufacturing.

The total subscribed capital of the Qixin Fund is RMB 800 million, of which SMIC Juyuan, as the general partner, subscribes RMB 10 million (accounting for 1.25%), Juyuan Shengye, as a limited partner, subscribes RMB 200 million (accounting for 25%), the company, as a limited partner, subscribes RMB 72 million (accounting for 9%), and Wuxi Venture Capital, as a limited partner, subscribes RMB 88 million (accounting for 11%). The partnership will focus on investing in private equity or venture capital subsidiary funds established, invested in, or managed by the general partner, management company, or its affiliates, focusing on hard technology fields such as semiconductors, integrated circuits, artificial intelligence, new materials, and advanced manufacturing