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FINWIRES

Empyrean Technology Commits 90 Million Yuan Into Investment Fund

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Empyrean Technology (SHE:301269) committed 90 million yuan as a limited partner in the Qingdao Jianguang Shunchuang Huixin Equity Investment Fund, according to a Thursday filing with the Shenzhen bourse.

The fund, with total subscribed capital of 451.4 million yuan, targets semiconductor, mobile communications, automotive electronics, robotics and Internet of Things sectors.

The fund has a five-year term, extendable up to seven years.

Shares of the electronic design automation software company were down 1% in recent trade.

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