Matt Technology and Changsha Finance Investment jointly set up a billion IC industry mergers and acquisitions fund

Set micro-grid news, recently Yaguang Technology Group Co., Ltd. announced that in order to further accelerate the development of high-end military chips, 5G communication multi-channel beamforming chip, 5G communication millimeter-wave communication amplifier chip, millimeter-wave satellite communication transceiver chip and optical communication chip And other military and civilian integration chip semiconductor business, the company has on February 5 and Changsha Finance Investment Management Co., Ltd. (hereinafter referred to as 'investment in wealth') signed a << on the proposed formation of integrated circuit industry M & A fund strategic cooperation framework agreement >>.

It is understood that the sum of Asia Optoelectronics Technology and financial investment jointly established by the IC industry mergers and acquisitions fund a total scale of 1 billion yuan, of which Asia Opto Technology or Matsu technology designated subsidiary of the proportion of not more than 10% (ie 100 million yuan ).

The announcement shows that the M & A fund's investment is mainly focused on the main industries of Matsu Technology and its related upstream and downstream industries, namely, integrated circuits, 5G communications equipment suppliers, 5G microwave devices (microwave chips, antennas, PCBs, filters, Power amplifiers, etc.) and optical communication chips; driverless, smart driving, millimeter-wave radar, laser radar, sensors and chips, marine radar and electronic devices.

Matt Technology has completed the acquisition of shares of Chengdu Yaguang Electronics Co., Ltd. (hereinafter referred to as 'Chengdu Yaguang') and is the controlling subsidiary of Party A. Chengdu Yaguang's main radio frequency microwave military monolithic integrated circuit (MMIC) , Microwave RF chip, microwave device, microwave chip package circuit, microwave module circuit and semiconductor R & D production and sales business. In addition, Chengdu Matt currently has 167 mature chip products, is the leading sales of billions of military chip development companies, and The relevant layout has been made in 5G communication multi-channel beamforming chip, 5G communication millimeter-wave communication power amplifier chip, millimeter-wave satellite communication transceiver chip and optical communication chip.

The investment in CICC is a private equity fund management institution established according to Chinese law and effective for the record in the China Securities and Funds Industry Agreement. The Company has successively held a number of joint ventures with several listed companies such as Great Lakes, Mengjie and Kaiyuan in mergers and acquisitions of industrial funds, Cooperation has been invested in the military, new materials, environmental protection and other fields dozens of companies.

However, it is worth noting that Matt Technology made special clues in the announcement that the M & A agreement is only a framework agreement of intention and belongs to the framework and intent agreement between the parties' willingness to cooperate and the basic principles. Whether the two parties can agree on the framework agreement Subsequent signing of the substantive agreement and the implementation of the cooperation involved There are still uncertainties.

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