The whole industry chain layout
Industry insiders told the China Securities Journal that large funds will lay out the entire industrial chain of integrated circuits. Tai Chi Industries mainly provides clean engineering services to semiconductors, panel makers, etc., and is part of the semiconductor industry chain. In addition, Taiji Industry cooperates with SK Hynix. It is also one of its advantages. 'For Taiji Industry, the big fund equity is expected to bring the upstream and downstream resources to the docking.'
According to the statistics, Taiji Industry is mainly engaged in engineering and technical service business, semiconductor business (package testing), photovoltaic power plant investment operation business and polyester chemical fiber business. In 2017, the company's engineering total contract business revenue was 5.474 billion yuan, accounting for 45.49 of annual revenue. %; Semiconductor business revenue was 3.808 billion yuan, accounting for 31.65% of the company's annual revenue. According to a report released by the China Semiconductor Industry Association, in the list of 'Top Ten Chinese Packaging and Test Enterprises in 2017', Tai Chi Industrial Holding Company, Haitai Semiconductor ranked eighth.
According to the financial report, Haitai Semiconductor encapsulated in 2017, with the highest output of packaging and testing reaching 1.02 billion cells per month and 970 million cells per month, respectively increasing by 22.20% and 18.73%. Currently, Haitai Semiconductor is mainly providing SK hynix's DRAM products. After the process service.
Essence Securities pointed out that the domestic semiconductor, panel makers investment boom is expected to pull the clean room business of the Taiji Industry Holding subsidiary, Eleven Technology. According to statistics, currently there are 24 Chinese wafer fabs in total. There are also panel makers such as BOE and Hehui. Actively invest in expansion.
Tai Chi Industrial established Tai Chi Semiconductor and Tai Chi Microelectronics in early 2013 and completed the acquisition of assets of both Sinecton Semiconductor and Shinyi Microelectronics. Tai Chi Semiconductor and Tai Chi Microelectronics conduct research, development, packaging, testing and production of semiconductor products. And provide the corresponding after-sales service. Currently, Taiji Semiconductor has established partnerships with important customers such as SanDisk, ISSI, Spectek, and provides products and services.
Has invested in a number of A-share companies
According to a review by China Securities Journal, apart from Taiji Industry, the A-share companies of major fund strategic investments have reached 11 companies, covering the four areas of integrated circuit design, manufacturing, packaging and testing, and equipment. Among them, the majority are chip design companies, reaching 5 Family.
According to public information, the big fund is an industrial investment fund set up to promote the development of the national integrated circuit industry, with a registered capital of 98.72 billion yuan and a total share capital of 138.72 billion yuan. Of these, the common share capital is 98.72 billion yuan, and the preferred share capital is 40 billion yuan. A major shareholder is the Ministry of Finance with a shareholding ratio of 36.47%. Major funds use various forms of investment in integrated circuit industry companies, focusing on integrated circuit chip manufacturing, taking into account chip design, packaging and testing, equipment and materials and other industries.
According to Ding Wenwu, the president of the major fund, as of the end of 2017, the major funds had effectively invested 67 projects in decision making, accumulative project commitments amounted to 118.8 billion yuan, and actually contributed 81.8 billion yuan, which accounted for 86% and 61% of the total fundraising amount in the first period respectively. Investment projects cover IC design, manufacturing, packaging and testing, equipment, materials, and ecological construction.