Asia
Jinrong Tianyu Precision Machinery Invests 4-Million-Yuan in AI Chip Fund
Tianjin Jinrong Tianyu Precision Machinery (SHE:300988) invested 4 million yuan for a 3.69% stake in Jiaxing Shanghe Sutong Equity Investment Partnership, according to a Thursday filing with the Shenzhen bourse.The fund, with a target subscription scale of 108.3 million yuan, will solely invest in Beijing Huixi Intelligent Information Technology, an embodied artificial intelligence chip and controller maker.Shares of the mold products maker closed 4% higher.
SHE:300988