The National Integrated Circuit Industry Investment Fund, known as the "Great Fund," has a first installment of RMB138.7 billion in funds mainly from the central government, CDB Capital, a wholly-owned subsidiary of the China Development Bank, Yizhuanguo Investment "and other officials with official background, as well as China Mobile, China Electronics and other state-owned electronic information companies.
Wang Zhanfu, chairman of the State IC Industry Investment Fund Company, said in an interview with the "People's Post and Telegraph" that as of November 30 this year, 62 large-scale funds had effectively planned 62 projects involving 46 enterprises with a total effective commitment of 106.3 billion yuan. The actual It contributed 79.4 billion yuan, accounting for 77% and 57% of the total first phase respectively.
At present, large funds have made promised investments in the fields of semiconductor manufacturing, design, packaging and testing, equipment materials, etc., accounting for 63%, 20%, 10% and 7% of the total respectively.
Mainland network financial media, "Wall Street Insight" pointed out that the large fund is now a A-share, H-share 38 major semiconductor semiconductor companies, but also the top ten shareholders of eight A-share listed companies, including holders of SMIC 15.86 % Stake, holding 9.82% stake in micro-technology holding.
In terms of investment results, some companies have succeeded in acquiring overseas targets due to the help of large funds, for example, Changjiang Electronics Technology Co., Ltd. received a large fund of 300 million U.S. dollars and successfully acquired the world's fourth largest packaging and testing factory, And was among the first echelon of the world's semiconductor packaging and testing.Violet is also supported by the large fund Spreadtrum and RDA, with MediaTek, Qualcomm to form the global top three strong pattern.
Wang Zhanfu said that the large fund has successively promoted the establishment and participation of a number of local sub-funds such as the Beijing Manufacturing and Equipment Sub-Fund and the Shanghai Integrated Circuit Manufacturing Sub-Fund, which have led Hubei Province, Sichuan Province, Shaanxi Province, Shenzhen Municipality, Jiangsu Province and Fujian Municipality to submit Sub-funds have been set up, with a combined total size of over RMB300 billion, which has initially alleviated the bottleneck of investment and financing in the mainland semiconductor industry.
Wall Street anecdotes that the second phase of the large fund is being raised in the scale of up to 1,500 to 2,000 billion yuan, the second phase is expected to increase the proportion of investment in IC design. 天 风 Securities pointed out that mainly due to IC design is a semiconductor The most profitable part of the industrial chain, with assets light, flexible features, profitability greater than the foundry, equipment manufacturing and materials.
