Group 1 - Huaxinfeng Private Equity Investment Fund (Qingdao) was established on June 12 with a registered capital of 111 million yuan, reflecting a strong commitment to the semiconductor industry in Qingdao [2][3] - The fund is backed by a consortium of significant investors, including state-owned venture capital institutions, local state-owned platforms, and well-known chip companies, indicating a strategic intent to develop the semiconductor sector in Qingdao [2][4] - The fund's capital structure includes contributions from Huaxin Shiheng Technology Venture Capital Fund (45.045%), Henan Asset Management Co., Ltd. (45.045%), Chip Alliance Integrated Circuit Manufacturing Co., Ltd. (9.009%), and Huamin Equity Investment Fund Management (Shenzhen) Co., Ltd. (0.9009%) [4][6] Group 2 - Qingdao has established a collaborative industrial structure known as "one core and four poles," with the West Coast New Area as the core for integrated circuit industry development, attracting various supporting enterprises [8][9] - The city has attracted significant national-level funding for its chip industry, with a total of 14 billion yuan in equity investment funds launched in October 2024, half of which are related to integrated circuits [8][9] - The strategic establishment of Huaxinfeng Fund in Qingdao is supported by local educational institutions and existing semiconductor projects, facilitating quick connections with invested enterprises [9]