On June 8, the city signed a strategic cooperation agreement with the National Integrated Circuit Industry Investment Fund Co., Ltd. The two sides will carry out multi-form, all-round pragmatic cooperation in short, medium and long-term three levels. Li Xiaomin, Standing Member of the Provincial Party Committee and Secretary of the Municipal Party Committee Mayor Huang Qin met with Wang Zhanqi, Chairman of the National Integrated Circuit Industry Investment Fund Co., Ltd., and Lu Jun, President of Huaxin Investment Management Co., Ltd.. Deputy Mayor Gao Yaguang, Secretary-General of the Municipal Government Xu Lixin attended the meeting and signing ceremony.
Li Xiaomin expressed his congratulations on the successful signing of the new round of cooperation agreements and expressed his gratitude to the large funds and Huaxin Investment for its support for the economic and social development of Wuxi. He said that Wuxi was developing strategic modern industries in the process of building a modern industrial system. The new generation of information technology industry is a priority, and the integrated circuit industry is the top priority of the new generation of information technology industry. In recent years, Wuxi has increased its efforts in the development of the integrated circuit industry. Last year, the output value of integrated circuits ranked first in the province, and ranked first in the country. , Successfully introduced Hua Hong, Hai Lishi Second Plant, Zhong Huan Silicon, and other flagship major industrial projects. This year it also issued a policy opinion supporting the development of the integrated circuit industry. The purpose is to make the integrated circuits become the pillars of the strong industrial city. To achieve this goal, we need to identify the strategic fulcrum, strengthen financial support, lay out the capital chain around the industrial chain, improve the capital chain around the innovation chain, and solidify the financial foundation for the development of the integrated circuit industry.
Li Xiaomin said that the National Integrated Circuit Industry Fund is a key industry fund approved by the State Council and shoulders the historic task of promoting the leap-forward development of China's integrated circuit industry. Since its establishment in 2014, the large fund has increased support for Wuxi, especially in the past two years. The cooperation with Wuxi has entered the fast lane. This time, it signed a strategic cooperation agreement with the Wuxi Municipal Government and Industry Group, and further carried out various forms, all-round pragmatic cooperation in short, medium and long-term three levels. I believe there is a large fund. The financial support, with Huaxin Investment's rich industry experience, and local companies such as industrial groups and Taiji Industrial Co., Ltd., will surely create a high degree of industrial concentration, comprehensive competitiveness, and radiating motivation in the integrated circuit territory of China. The big 'Wuxi Plate' hopes that the two parties will work together to establish a new model for the financial services industry and the industry to nurture finance, and create a good situation of mutual trust and cooperation, mutual benefit and win-win.
Wang Zhanxi stated that Wuxi is one of the starting cities for the national integrated circuit industry. In recent years, the municipal government has attached great importance to the development of the real economy. In particular, the integrated circuit industry has been the focus of development and has issued a series of supporting policies. This is a major fund for the integrated circuit industry. Good operation has created favorable conditions. At present, large funds are setting up second-phase funds, and the two sides have broad prospects for cooperation. We hope that both sides will use this signing as a new starting point to strengthen communication and cooperation and promote Wuxi to become a strategic highland for the national integrated circuit industry.
In recent years, major funds have increased their support for Wuxi and their pace has been accelerating. The degree of cooperation has been deepening. In September last year, Changjiang Electric subscribed for non-public offering of shares for RMB 2.9 billion. In early September this year, it invested US$ 922 million into Huahong. The 12-inch fab construction has recently received 6.17% shares in Taiji. This time, the major funds, Huaxin Investment and the municipal government, and the industrial group have jointly promoted the overall layout of the integrated circuit industry in Wuxi, improving and optimizing Wuxi. The regional integrated circuit industry chain has effectively enhanced the core competitiveness of integrated circuit companies in Wuxi, formed industrial resource agglomeration and synergy effects, and made due contributions to the leap-forward development of China's integrated circuit industry.