Shengyu Huatian Industrial Investment Fund was officially established, with an initial scale of more than 1 billion yuan

Recently, Shengyu Huatian Industrial Investment Fund, co-initiated and managed by Shengyu Investment and Huatian Technology, was officially established, with the first phase of the fund exceeding 1 billion yuan. It is reported that the fund is a new generation of CVC attributes of the pan-semiconductor industry investment platform jointly built by Shengyu Investment and Huatian Technology, which is jointly funded by both parties as the cornerstone investors and jointly establishes an investment management team for operation and management. In this offering, more than 90% of the LPs are long-term investors with industrial background who have cooperated with Shengyu Investment for many years, and the average investment rate of investors has reached 5 times.