Sai MicroElectronics Inc. (300456.SZ) subsidiary plans to contribute RMB 144 million to establish a partnership.

Sai MicroElectronics Inc. (300456.SZ) announced that its wholly-owned subsidiary, Weixin Technology, plans to sign a partnership agreement with Huaxin Rongguan, Shengshi Hongyuan, the High-end Equipment Manufacturing Industry Fund, Nanshan Hongji, and Ningbo Industrial Investment to jointly invest in and establish Anhui Rongguan Yongke Venture Capital Fund Partnership (Limited Partnership). The total subscribed capital contribution of the partnership is RMB 500 million, of which Weixin Technology, as a limited partner, plans to contribute RMB 144 million from its own funds, accounting for 28.80% of the partnership's capital contribution. The partnership will mainly invest in the high-end equipment manufacturing industry chain, with a focus on industrial Siasun Robot&Automation, additive manufacturing (3D printing), modern engineering machinery, intelligent complete equipment (including power equipment and agricultural machinery equipment), rail transit equipment, aerospace equipment, high-end CNC machine tools, high-end medical equipment, modern energy equipment, new-generation information technology equipment, other distinctive special equipment, and core basic components and other related industries.