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Chinese IC Design Has Achieved Combination Of The Maximum Am
National Integrated Circuit Industry Investment Fund Limited, the core of China Investment Management LLC, violet Group Co. in Beijing recently signed a tripartite strategic cooperation agreement, while the State Development Bank and the Purple Group signed development finance cooperation agreement. Under the agreement, within the next five years, the National Integrated Circuit Industry Investment Fund is intended to give the Purple Group equity investment totaling no more than 10 billion yuan to support for the development of integrated circuits purple Group business, and expand business scale integrated circuits, integrated circuit business promotion core competencies; intention CDB and purple Group on various financial products in cooperation financing 20 billion yuan RMB equivalent. The National Development Bank, co-fund companies, the core of China Group Investment and purple between the amount of integrated circuit design is one of the biggest areas of the Combination, through to the capital as a link to leading enterprises rely on promoting the integrated circuit industry integration of resources.
    
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