EmbedWay Technologies plans to invest 29 million yuan as a limited partner to subscribe for a 19.33% stake in the Nantong Zhenghai Guohang Venture Capital Partnership. The fund intends to invest in hard technology sectors such as high-end equipment, advanced manufacturing, and new materials, including GPUs and specialized acceleration chips, computing power chips and system-level solutions, fabless chip design, high-speed interconnects and storage, servers and intelligent computing infrastructure, and robotics. The company stated that this investment will help broaden its industrial investment channels and enhance future profitability.
EmbedWay Tech(Shanghai)CorpInvests 29M yuan as LP in venture fund targeting hard tech, broadening investment channels and enhancing future profitability.