According to the announcement, the main contents of the Memorandum are: According to the agreement, the two parties will rely on the China Core Center to build an integrated circuit process pilot line based on domestically produced equipment and materials; a special process development platform for 5G communication and other fields; Safe and reliable test and certification platform.
China Core Center expects an overall investment of about 1 billion, of which funds are jointly solved by CCID Group, Yaguang Technology, Beijing Saipengxing, Hunan Jiuhua Private Equity, local government, national special funds and bank loans.
Yaguang Technology and CCID Group established the “China Core Application Innovation Center” project promotion team, which is responsible for formulating the project implementation plan and coordinating the progress of the project; the two sides choose the right place to land the China Core Center and set up the project company, and make corresponding investment according to the project investment needs. .
According to public information, Chengdu Yaguang, a subsidiary of Yaguang Technology, is a 52-year old military electronics company.
Chengdu Yaguang is mainly engaged in RF microwave military monolithic integrated circuit (MMIC), microwave radio frequency chip, microwave device, microwave chip packaging circuit, microwave module circuit and semiconductor research and development production and sales business. Chengdu Yaguang currently has 167 mature chip products, It is a leading military chip development enterprise with over 100 million domestic sales, and has made relevant layouts in 5G communication multi-channel beam forming chips, 5G communication millimeter wave communication power amplifier chips, millimeter wave satellite communication transceiver chips and optical communication chips.
It is worth noting that in February of this year, the integrated circuit industry M&A fund that the company announced to participate in will also participate in this China Core Center project.
Backtracking announcement, in order to further accelerate the development of high-end military chips, 5G communication multi-channel beam forming chips, 5G communication millimeter wave communication power amplifier chips, millimeter wave satellite communication transceiver chips and optical communication chips, etc., the military and civilian fusion chip semiconductor business, the company has been on February 5 Japan and Changsha Caizhong Investment Management Co., Ltd. signed the "Strategic Cooperation Framework Agreement on the Establishment of Integrated Circuit Industry M&A Funds".
It is understood that the total size of the integrated circuit industry M&A fund established by Yaguang Technology is RMB 1 billion, of which the holding subsidiaries designated by Yaguang Technology or Yaguang Technology do not exceed 10% (ie 100 million yuan).
The announcement shows that the investment field of the M&A fund is mainly based on Yaguang Technology's main industry and related upstream and downstream industries, namely integrated circuits, 5G communication fields, communication equipment suppliers, 5G microwave devices (microwave chips, antennas, PCBs, filters, Power amplifiers, etc. and optical communication chips; driverless, intelligent driving, millimeter wave radar, laser radar, sensors and chips, marine radar and electronic devices.