Beijing established a 2.5 billion integrated circuit equipment investment and merger and acquisition second phase fund

In early January 2025, Beijing established a 2.5 billion integrated circuit equipment investment and merger phase II fund. The fund is jointly funded by North Huachuang's wholly-owned subsidiary North Huachuang Innovation Investment (Beijing) Co., Ltd., Beijing State-owned Capital Operation Management Co., Ltd., Beijing Integrated Circuit Industry Investment Fund (Limited Partnership), etc., and mainly invests in the semiconductor field.