On December 8, Holiland (China) Electronics Technology Co., Ltd. issued an announcement stating that its wholly-owned subsidiary Hangzhou Haolilai Private Equity Fund Management Co., Ltd. (hereinafter referred to as Haolilai) intends to jointly invest with Hangzhou Chenghe Venture Capital Co., Ltd. (hereinafter referred to as Chenghe Venture Capital), Hefei Industrial Investment Guidance Fund Co., Ltd., and Hefei Xincheng State-owned Assets Management Co., Ltd. to establish a private equity investment fund - Hefei Xingui Equity Investment Partnership (Limited Partnership) (hereinafter referred to as the Fund), and sign an agreement.
The announcement shows that the fund size is 802 million yuan, which is specifically used to invest in Shanghai Super Silicon Semiconductor Co., Ltd. Among them, Haolihui is a general partner, subscribed to 1 million yuan; Chenghe Venture Capital is a general partner, subscribed to 1 million yuan, and also serves as the executive partner of the partnership; Hefei Industrial Investment Guidance Fund Co., Ltd. is a limited partner, subscribed to 600 million yuan; Hefei Xincheng State-owned Assets Management Co., Ltd. is a limited partner, subscribed to 200 million yuan.
It is reported that Shanghai Advanced Silicon Semiconductor Co., Ltd. was established in July 2008 and is mainly engaged in the research and development, production and sales of large-size integrated circuit-level silicon wafers. Its main products include 200mm polished wafers, argon annealed wafers and epitaxial wafers, 300mm polished wafers, etc.
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