Haomei New Materials announced that the company plans to jointly invest with professional investment institutions to establish a SMIC Xicheng Artificial Intelligence Venture Capital Fund partnership. The target is to raise a total capital of RMB 1 billion. As a limited partner, the company has pledged an investment of RMB 100 million with its own capital, accounting for 10% of the pledge ratio. The fund will mainly invest in enterprises in the growth and maturity stage of artificial intelligence, focusing on core aspects such as the basic layer, technology layer and application layer.

Haomei New Materials announced that the company plans to jointly invest with professional investment institutions to establish a SMIC Xicheng Artificial Intelligence Venture Capital Fund partnership. The target is to raise a total capital of RMB 1 billion. As a limited partner, the company has pledged an investment of RMB 100 million with its own capital, accounting for 10% of the pledge ratio. The fund will mainly invest in enterprises in the growth and maturity stage of artificial intelligence, focusing on core aspects such as the basic layer, technology layer and application layer.