On December 10th, heavily indebted integrated circuit maker, Tsinghua Unigroup , finalized its circle of strategic investors under the supervision and guidance of the court. The Zhilu-JAC Consortium, composed of Wise Road Capital with a state funding background, and Beijing Jianguang Asset Management Co. Ltd (“JAC Capital”), will address Tsinghua Unigroup’s debt issue currently worth hundreds of billions of yuan. Tsinghua Unigroup dates back to year 1988 when Tsinghua University, established the Tsinghua University Sci-Tech General Company. In recent years, Tsinghua Unigroup has gradually become a high-tech industrial ecological chain with integrated circuits as a leading focus. The company now...