山东前首富做LP了

Core Viewpoint - Goer Technology announced the establishment of a new fund with a total scale of approximately 697 million yuan, primarily targeting cutting-edge technology sectors, with the company contributing no more than 230 million yuan of its own funds [1][2]. Group 1: Fund Details - The new fund, tentatively named Shanghai Tongge Phase II Venture Capital Partnership (Limited Partnership), has a total scale of about 697 million yuan and a duration of 7 years, with the first 4 years designated for investment and the subsequent period for exit [2]. - Goer Technology's contribution will not exceed 230 million yuan, accounting for no more than 33% of the fund's total size, while other limited partners (LPs) will contribute 460 million yuan, representing 66% of the fund [2]. Group 2: Investment Focus - The fund will primarily focus on advanced technology areas, including artificial intelligence, XR and spatial computing, new materials and advanced manufacturing, aerial mobility, and semiconductors [2][4]. Group 3: Company Background - Goer Technology, founded by a couple in Shandong, initially entered the Apple supply chain and has transformed into a leading consumer electronics company with a market value exceeding 100 billion yuan [1][3]. - The company has faced challenges, including a significant order cut from Apple in 2022 and the termination of a major acquisition deal due to unresolved key terms [3]. Group 4: Previous Investment Activities - This is not Goer Technology's first foray into the primary market; in July 2022, the company announced a partnership with MiHoYo and 37 Interactive Entertainment to invest a total of 556 million yuan in the Tongge Phase I Venture Capital Fund [5]. - The Tongge Phase I Fund, established in May 2022, aims to invest in unlisted startups in advanced manufacturing, intelligent connected vehicles, AR/VR, and semiconductors [5]. Group 5: Industry Trends - Many listed companies are increasingly choosing to participate in the primary market as limited partners, leveraging their substantial funds to strengthen their industry chains and build competitive barriers [6][7]. - The trend of listed companies investing in venture capital is seen as a valuable influx of capital into the primary market, especially as the market experiences significant growth [7].