Founded in 2014, Xing Orange Capital is headquartered in Zhangrun Building, Zhangjiang Science City, Pudong, Shanghai, with offices in Guangzhou, Jinan and Shenzhen。Xing Orange Capital currently manages more than 40 billion yuan in funds, and is managed by three companies registered by the Association of China Foundation for Development and Development, namely: Shanghai Xing Orange Investment Management限公司（P1028590），Mainly responsible for equity investment in semiconductor industry;Guangzhou Xing Orange Private Equity Investment Management Co., LTD. (P1070826)，Mainly responsible for securities investment and strategic investment of listed companies;Jinan Guokai Xingorange Investment Management Co., LTD. (P1069743)，Mainly responsible for semiconductor and pan-technology equity investments。

       Since its establishment, Xing Orange Capital has been focusing on semiconductor industry investment。Xing Orange Capital anticipates the wave of semiconductor industry development in advance，Focus and root in the semiconductor industry investment，Adhere to the "heavy position holding, deep participation, active empowerment" investment style，In wafer manufacturing, semiconductor equipment, chip design, semiconductor materials, packaging and testing and other segments have key investments and extensive participation，Successfully invested in companies including Micro (etching equipment leader，688012), Core original shares (IP leader，688521), Gaolun Electronics (EDA leader，688206), Shanghai Micro (Lithography machine leader), Oriental Wafer (OPC and e-book measurement equipment), SMIC (wafer manufacturing，688469), Guangzhou Steel gas (electronic bulk gas，688548), Zhongxin Wafer (large silicon wafer) and other more than 60 semiconductor enterprises with obvious technical characteristics and great development potential，The ecological investment layout of the whole industrial chain has been preliminarily completed，More than 12 billion yuan has been invested，The management scale is more than 40 billion yuan，It is a private fund investment institution with active investment, perfect investment layout, complete investment industry chain and remarkable investment results。

Established in May 1998, Zhuzhou State-owned Assets Investment Holding Group (hereinafter referred to as "Zhuzhou State Investment Group") Co., Ltd. is a state-owned assets investment and operation enterprise approved by Zhuzhou Municipal Committee and government with a registered capital of 4 billion yuan and a credit rating of AA+。It has 17 wholly-owned and absolutely controlled subsidiaries, 3 listed companies and a total of 1036 assets.8亿元。The main business covers fund investment, financial services, digital industry, smart city, vocational education, science and technology park, advanced manufacturing and other fields。

Zhuzhou State Investment Group adheres to the position of "industrial developer"，Focus on Hunan's "three high and four new" strategic positioning and mission，To promote Zhuzhou advanced manufacturing high quality development as its own responsibility，According to the "one two three four five" development strategy，To build "central region first-class industrial investment group" as the enterprise vision，Adhere to the two main industries of industrial investment and industrial service，Follow the three paths of "industrial empowerment, capital operation and talent strong enterprise"，Firmly implement the four concepts of "focusing on industry, reducing cost and increasing efficiency, reform and innovation, and steady operation"，Solid progress "Xinwei project, strong foundation project, income increase project, horse racing project, brand project" five major projects，Make every effort to cultivate a famous manufacturing city，We will build a new pattern of industrial development，Create a new ecological environment for industrial development。By 2025, the Group's investment strength, industrial level, management level, innovation ability and brand effect will be comprehensively improved, and it will strive to achieve AAA credit rating, optimize 100 billion assets, achieve 10 billion revenue and 1 billion profit, and become a first-class industrial investment group in the central region。