legitimate.

China Chip Fund is a national fund established by the Chinese government to support and promote the development of China's chip industry. The fund was established with the approval of relevant national departments and has legality and compliance. The operation and management of the fund

All comply with relevant laws, regulations and policies and are legal and normative.

The establishment of the China Chip Fund is one of the important measures taken by the Chinese government to strengthen the development of the chip industry, and is also one of the important measures taken by China to promote technological innovation and independent controllability.