Montage Technology, AMEC and others jointly invest 2.1 billion yuan to establish venture capital partnership

Corporate Action
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Summary · why it matters

Montage Technology and AMEC, among other companies, have jointly invested to establish Shanghai Zhiwei Lingfeng Venture Capital Partnership, with a total capital contribution of 2.1 billion yuan. The partnership is co-funded by Montage Technology's wholly-owned subsidiary Montage Investment and AMEC's wholly-owned subsidiary AMEC Semiconductor Shanghai, among others, and its business scope focuses on venture capital investment in unlisted companies.

Impact on stocks 2

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Montage Technology Co Ltd
688008
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Montage Technology's subsidiary invests in a venture capital partnership, which is a capital allocation move with uncertain future returns.

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