everbright’s nantong semiconductor fund invests in xh smart
china everbright limited (“everbright”, stock code: 165.hk)’s nantong everbright semiconductor industry investment fund (「nantong semiconductor fund」) has successfully invested in xh smart tech (china) co., ltd. (「xh smart」), a leading enterprise in the field of smart cards and smart chips.
xh smart has received visa, mastercard, china union pay, it security and gsma sas certifications for production of schemed payment cards, with independent development of smart card cos system and application layer software. a solid cooperative relationship has been established with mainstream telecom operators and commercial banks at home and abroad.
founded in 2011, xh smart has become the representing enterprise of guangdong province implementing the strategy of "belt and road initiative " with r&d centers in singapore, sales centers in hong kong, dubai and indonesia, and manufacturing centers in south africa, india and bangladesh. xh smart's proven products and services are widely deployed in more than 70 countries and 200 customers. application number of intelligent chip modules in communication, finance and security ranks among the top in the world.
founded in 2018, nantong semiconductor fund focuses on investment in semiconductor high-end equipment, intelligent manufacturing and related high-growth industries. nantong semiconductor fund has invested in core enterprises of semiconductor equipment in china, such as shanghai micro electronics equipment (group) co., ltd. (smee). the fund will further deepen investment layout of semiconductor and high-tech industries while promoting the leap-forward development of xh smart in the future.
