According to the information on the official website of the Asset Management Association of China, Huawei's "Hubble Technology Venture Capital Co., Ltd." completed the registration of private fund managers on January 14 this year, and the institutional types are private equity and venture capital fund managers. According to public information, Huawei Hubble was founded in April 2019, and its chairman and CEO is Bai Yi, president of Huawei's Global Financial Risk Control Center, who previously served as vice president of Huawei's financial management office. At present, Huawei Hubble's latest registered capital has reached 3 billion yuan, and the paid-up capital has reached 3 billion yuan.
Huawei Hubble completed the private placement filing, a venture capital industry insider told the Nandu reporter that Huawei Hubble is estimated to be a war investment platform, and many internet companies have done war investment platforms. Expand their own strength through alliances with upstream and downstream through war investment or to enhance the strength of new businesses or mergers and acquisitions. According to outside analysis, this also means that Hubble Investment can set up private equity fund products in the future to raise funds for individual and institutional qualified investors to carry out equity venture capital investment.
Nandu reporter found through the information combing of Tianyancha that since the establishment of Huawei Hubble Investment, it has participated in 73 investment incidents, and has successively invested in many enterprises such as Dongwei Semiconductor, Zhonghui Chip, Yutai Microelectronics, Shandong Tianyue, etc., most of which are related to semiconductor chips.
On September 23, 2020, at the Huawei All-Connected Conference 2020, Guo Ping, Huawei's rotating chairman, talked about Huawei Hubble. He said that Huawei's core business is focused on connectivity and computing, but under the sanctions of the United States, Hubble Technology was specially established to help the entire industry chain by investing in Huawei's technology. Guo Ping said: "Huawei has strong chip design capabilities, and we are willing to help trusted supply chains enhance their chip manufacturing, equipment, and material capabilities, helping them and helping ourselves." ”
Positioned in industrial investment and ecological chain layout, Huawei Hubble can be said to be a special product of Huawei's response to the US suppression crisis. Among the companies it invests in, it covers many fields such as third-generation semiconductors, wafer-level optical chips, power management chips, clock chips, and RF filters, which are areas where Huawei relies more on the US industrial chain.
