SigmaStar Technology (301536.SZ) plans to contribute RMB 100 million to participate in the Kunqiao Phase III Fund.

SigmaStar Technology (301536.SZ) announced that the company plans to cooperate with professional investment institution Kunqiao Capital Equity Investment Management (Shenzhen) Co., Ltd., and jointly invest with general partner Kunqiao Capital, Shenzhen Kunnuo Enterprise Management Consulting Partnership (Limited Partnership), and other limited partners. The company intends to subscribe for a 100 million yuan capital contribution in cash as a limited partner to participate in the subscription of shares in Kunqiao Phase III (Shanghai) Technology Industry Private Investment Fund Partnership (Limited Partnership) (tentative name, referred to as "Kunqiao Phase III"), which Kunqiao Capital, as fund manager, plans to establish and manage. The partnership will mainly focus on high-quality projects across the entire semiconductor industry chain and artificial intelligence infrastructure, including IC design, packaging and testing, raw materials, equipment manufacturing, EDA tools, IP development, artificial intelligence hardware, devices, energy/power, etc.; as well as selected projects in their application fields, including but not limited to the Internet of Things, cloud computing, 5G communications, optical communications, automotive electronics, key materials, storage, advanced packaging, high-end equipment and components, and other technology-related industries. The partnership will focus on cross-border, merger and acquisition, and spin-off projects; under the premise that the expected rate of return meets requirements, it will consider investing in some strategic minority equity projects with relatively high potential returns around the industrial ecosystem platform.