Fund Under LENOVO GROUP (00992.HK) Invests in Integrated Circuit Maker 'ICleague Technology'

　　According to Chinese media reports, ICleague Technology Co. Ltd. has undergone industrial and commercial changes, adding Lenovo (Tianjin) Small and Medium-sized Enterprise Development Fund Partnership (Limited Partnership) (literal translation of “中小企業發展基金聯想(天津)合伙企業(有限合伙)”), a subsidiary of LENOVO GROUP (00992.HK) -0.280 (-2.496%) Short selling $67.23M; Ratio 25.132% , as a shareholder. Two other investment fund partnerships from Wuhan and Hefei were also added as new shareholders.

　　The registered capital of ICleague was increased from about RMB152 million to about RMB219 million, while some of the key personnel were also changed.

　　It is learnt that ICleague was founded in November 2018, with Yang Shining as its legal representative. The company's scope of business includes integrated circuit (IC) design, IC manufacturing, IC sales, enterprise management, information consulting services, and import and export of goods. Public information also showed that the company is a technology platform company for heterogeneous integrated chips.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-15 12:25.)

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