Semiconductor investment heats up
On the evening of June 13, Huasheng Tiancheng announced that it plans to invest RMB 1 billion through its wholly-owned subsidiary to co-sponsor the establishment of the Beijing Integrated Circuit Advanced Chip Investment Co., Ltd. (a limited partnership, tentative name). Focused on the design direction of integrated circuit high-end and special-purpose chips. The scope includes Internet of Things, artificial intelligence, automotive electronics, cloud computing, mobile communications, power devices, flexible displays, etc. In fact, Teamsun launched the established Internet of Things last year. Mergers and acquisitions fund, strategic investment in a short-range communications chip design company for the Internet of Things.
National Technology announced on the evening of June 12 that it plans to increase capital by Huaxia Core (Beijing) General-Purpose Processor Technology Co., Ltd. through a wholly-owned subsidiary's national investment, and the national investment will be subscribed for 140 million yuan, accounting for the proportion of Huaxia Core's equity after capital increase. 21.37%. Hua Xia Core is an IP supplier and chip design company with CPU, DSP, GPU general-purpose processor and AI-specific processor from instruction set, tool chain to micro-architecture independent intellectual property. National Technology believes that this time The transaction helps the company to have a market competitiveness in the field of artificial intelligence.
Guoke Microelectronics announced on June 5 that it plans to jointly invest with the National Integrated Circuit Industry Investment Fund Co., Ltd. (abbreviated as the 'Large Fund') and Shenzhen Hongtai Fund Investment Management Co., Ltd. to establish the Changzhou Hongdun Partnership (a limited partnership, tentatively (Name). The partnership company subscribed and paid a total of 254 million yuan (its China Microsystems subscribed to 103 million yuan), focusing on project investment in the integrated circuit field. Guoke Micro stated that it was participating in the establishment of a partnership enterprise with the aim of participating in the partnership. The party’s advantage is to seek synergies in industrial mergers and acquisitions, investment, and establish strategic partnerships with companies invested by partnerships to accelerate the effective integration of industrial quality resources. It is understood that Guokewei is a chip design company, including smart video. Monitoring, solid-state storage, radio and television, Internet of Things and other series of chip products.
In addition to the above three companies, a number of companies have also laid plans in the near future: For example, Shenzhen Huaqiang plans to establish a semiconductor group to intensify the integration of the company's authorized electronic components distribution business; Wentai Technology intends to pass the wholly-owned Sun company Hefei Zhongwen Jintai Semiconductor Investment Co., Ltd. and the other two companies transferred part of Ansemi Semiconductor's investment share with a transaction value of 11.435 billion yuan. In addition, some capital intermediaries released a list company to acquire semiconductor company's resource matching information in Wechat Group, such as requesting revenue. The scale is more than 300 million yuan, and the net profit is between 20 million yuan and 30 million yuan.
Large fund depth layout
China Securities Journal reporter noted that in the current situation of overweight chip placement of listed companies, the big fund is further extending its layout in the industry chain.
Tai Chi Industry recently announced that the large fund plans to transfer 130 million shares from the controlling shareholder of the company, which accounts for 6.17% of the company's total share capital, and the consideration is about 950 million yuan. It is understood that Tai Chi Industries mainly cleans semiconductors, panels and other manufacturers. Engineering business. In addition, the company also has chip package testing business.
In terms of downstream development, the major fund participated in the round of financing of Shenzhen China International Information Technology Co., Ltd. (CLP) in May. After the financing is completed, the registered capital of China Light and Power Hong Kong will increase to 560 million yuan, of which the major funds will take up the shares. 14.18%. This is the first time that a large fund has invested in electronic component distributors.
It is understood that since the establishment in 2014, major fund investment projects have mainly concentrated on chip design, manufacturing, packaging and testing, equipment, and materials. The investment in A-share listed companies has been dominated by chip design companies. Analysts have come to China. According to a reporter from the Securities Journal, investing in Tai Chi Industrial, Mid-Point and Hong Kong enterprises in the later stage of the first phase of major fund investments will help large funds build an ecosystem of the semiconductor industry chain.
It is worth mentioning that Tai Chi Industry previously requested that the intended transferee should make continuous profits in the last three years, and that the total annual profit is not less than RMB 500 million. It can be seen that the major funds have been profitable for three consecutive years.