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Shanghai Fudan Microelectronics to Invest Up to 300 Million Yuan in Industrial Fund

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Shanghai Fudan Microelectronics (HKG:1385, SHA:688385) plans to invest up to 300 million yuan as a limited partner in the Shanghai Rongsheng Industrial Innovation Fund, according to a Monday Hong Kong bourse filing.

The fund, with a target size of 1.43 billion yuan, will focus on investments in integrated circuits, aerospace, related sectors, and technology innovation, the company said.

The investment remains subject to shareholder approval and will be funded from Fudan Microelectronics' own resources.

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