- NEWS
Recently, China Internet Investment Fund (CIIF) completed a strategic investment in Beijing Boshixiangyuan Technology Co., Ltd. This follows successive capital injections earlier this year from three Beijing municipal-level industrial funds—the Advanced Manufacturing Fund, New Materials Fund, and Jingguoguan Fund—marking another instance of Boshixiangyuan receiving support from state-backed investment funds. This fully demonstrates the high level of recognition at the national level for Boshixiangyuan’s development potential. The China Internet Investment Fund is a national-level investment fund established in accordance with the decisions and arrangements of the Central Committee of the Communist Party of China and approved by the State Council. It was jointly launched by the Cyberspace Administration of China and the Ministry of Finance. The establishment of this fund is a significant measure to implement the decisions and arrangements of the Central Committee and the State Council, aimed at deepening supply-side structural reform, innovating investment and financing mechanisms, and advancing the implementation of the national strategy for building a strong cyber nation. With a planned total scale of 100 billion yuan, CIIF focuses on investing in high-quality enterprises and projects in the internet and related fields. The completion of this strategic investment signifies authoritative recognition of Boshixiangyuan’s technological innovation, industrial layout, and market expansion in high-end optical imaging and semiconductor key components. The continuous backing from national and municipal industrial funds will provide strong financial support and resource guarantees for Boshixiangyuan’s efforts in tackling key core technologies, pioneering R&D in cutting-edge technologies, and expanding domestic and international markets, helping the company achieve leapfrog development within the industry. In the future, Boshixiangyuan will leverage its capital advantages to continuously increase investment in technological innovation, contributing to the high-quality development of China’s internet and integrated circuit-related industries.
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Address: 6 / F, Jingdong Technology Building, 76 Zhichun Road, Haidian District, Beijing / 2nd Floor, Building 7, Fengchuang Technology Park, Keji 13th Street Beijing Economic-Technological Development Area, Beijing
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