Thinkon Semi(SH:688233) Shang Hai Zheng Quan Bao·2025-12-04 19:54Core Viewpoint - Jinzhou Shengong Semiconductor Co., Ltd. plans to establish a strategic partnership with several investment institutions to set up an industrial fund focused on the semiconductor industry, with a total scale of no less than 200 million RMB [2][5][28]. Group 1: Investment Overview - The company intends to invest 60 million RMB as a limited partner, accounting for 30% of the fund, which will be paid in installments [2][5][6]. - The fund will be named "Jiangcheng Guotai Haitong Shengong (Wuhan) Venture Capital Fund Partnership (Limited Partnership)" and will be managed by Guotai Junan Innovation Investment Co., Ltd. [12][13]. - Other partners include Jiangcheng Industrial Investment Fund (Wuhan) Co., Ltd. and Hubei Guoxin Industrial Investment Management Co., Ltd., with respective contributions of 98 million RMB (49%) and 2 million RMB (1%) [5][6]. Group 2: Decision and Approval Process - The investment proposal has been approved by the company's board of directors and relevant committees, and does not require shareholder meeting approval [7][28]. - The fund is currently in the planning stage, and the partnership agreement has not yet been formally signed [3][8]. Group 3: Fund Management and Investment Strategy - The fund will focus on key equipment, components, and materials needed for wafer manufacturing, aligning with the company's strategic goals [25]. - The investment will primarily target projects within China, while also considering global opportunities in advanced technology and high-quality production [16]. Group 4: Financial Impact and Company Position - The investment will be funded from the company's own resources and will not affect its normal operations or financial stability [26][28]. - The company emphasizes that this investment will not harm the interests of shareholders, particularly minority shareholders [26][28].