(Hereinafter referred to as' Qingdao City Investment Group '), Beijing Junzheng actual controller Liu Qiang, and other enterprises jointly funded the establishment of' Qingdao Haisi Min and the semiconductor Fund business (limited partnership) '.
It is understood that the size of a fund 3 billion yuan, Shandong Province is the first semiconductor industry fund.
The founding of the Fund subscribed a total investment of 2.25 billion yuan, the remaining funds raised by the general partner followed-up announcement.As the Qingdao Municipal Government directly under the state-owned investment groups and government investment and financing platform - Qingdao City Investment Group subscribed for funding 2,047.5 million yuan, Shares, Neville technology invested 60 million yuan, Lhasa Jun Commodities Venture Capital Co., Ltd. subscribed 30 million yuan investment (the company by the Beijing Jun is the actual controller Liu Qiang 100% holding), Qingdao Minhe DE Yuan Venture Capital Management Center ( Limited Partnership) as a general partner of the Fund, subscribed for 52,500,000 yuan.
The agreement shows that the fund has a life span of seven years, of which three years are investment periods and two years are exit periods. If all the investment returns that have not been completed within five years will be automatically deferred for two years.
According to reports, after the establishment of the Fund, the main direction is to acquire foreign mature high-quality semiconductor companies and investment in high-growth domestic semiconductor companies, key layout design companies, equipment companies, small wafer and IC packaging and testing platform, will be in accordance with the 'overseas mergers and acquisitions leading enterprises + listed Business and capital integration + platform service-oriented industrial park floor 'industrial development model, to achieve high-quality projects landing, the development of listed companies, capital preservation and appreciation of the pattern.
Weir said the company has formed market advantages in TVS, MOSFETs, Schottky diodes, power management ICs and other fields. This cooperation will help enhance the company's core competitiveness in IC design and seek synergies Industrial mergers and acquisitions, investment .Nowwei Technology also said in the announcement, cooperation will speed up the effective integration of industry quality resources.
The semiconductor industry has the characteristics of high technology threshold, the industry companies usually have more than 10 years or even decades of accumulated technology.
"National IC industry development to promote the outline" shows that by 2020, China's IC industry and the international advanced level of the gap gradually narrowed, the industry-wide annual sales growth rate of more than 20%, enterprise sustainable development capacity significantly increased; to 2030 Year, the main link of the integrated circuit industry chain reached the international advanced level, a group of enterprises to enter the international first echelon, to achieve leapfrog development.
It is understood that Qingdao City Investment Group is planning and building a semiconductor town in Qingdao, to create influential, distinctive semiconductor industry cluster, and strive to introduce more than 10 high-quality semiconductor companies settled within two years to drive the upstream and downstream industry chain output value of 300 More than 100 million yuan to absorb and cultivate more than 5,000 high-end integrated circuits talent.