On July 25, Gelun Hui announced that Anhui Taiyun Investment Management Co., Ltd., a wholly-owned subsidiary of 37 interactive entertainment network technology group (002555.SZ), plans to invest as a limited partner in Guangzhou Chentu Xinbo Venture Capital Fund Partnership Enterprise (limited partnership) (hereinafter referred to as 'Chentu Xinbo Fund', 'This partnership enterprise', 'This fund'). Chentu Xinbo Fund was initiated by Guangzhou Shenuo Chentu Equity Investment Management Co., Ltd. (hereinafter referred to as 'Shenow Chentu') and Xie Dongxiang, with Shenow Chentu as the general partner of Chentu Xinbo Fund.
The target total subscribed capital of Chentu Xinbo Fund is set at no more than RMB 53.51 million, subject to actual fundraising. Anhui Taiyun, a wholly-owned subsidiary of the company, plans to invest as a limited partner with its own funds of no more than 10 million yuan, while Shenow Chentu plans to invest as a general partner with its own funds of no more than 0.01 million yuan. After the investment in Chentu Xinbo Fund, Chentu Xinbo Fund will mainly invest in Ximeng Technology Co., Ltd. through direct investment. Ximeng Technology Co., Ltd. is a technology platform company for heterogeneous integrated chips, with the system solutions, chip matching, and integrated manufacturing capabilities required for heterogeneous integration technology solutions.
The purpose of this external investment is to directly or indirectly invest in the equity of Ximeng Technology Co., Ltd., in order to explore the integration of chips and enable the ecology of culture and technology.