East Micro Semi -Director (688261.SH) issued an announcement to better implement the company's strategic planning, the company intends to jointly initiate the establishment of an entrepreneurial investment fundSuzhou Industrial Park Sua Weixin Entrepreneurship Investment Partnership (Limited Partnership).

The total fundraising scale of the fund does not exceed RMB 100 million.The first phase of raising amount was 71 million yuan, and subsequent funds raised as the initial investment progress.Among them, the company intends to subscribe to RMB 60 million in its own funds as a limited partner, accounting for 84.5070%of the total capital contribution of the fund.

The fund investment direction: mainly invest in enterprises and funds in the upstream and downstream related fields of semiconductor industry chains such as semiconductor industry and new energy.