344 billion to support chip companies, the third phase of the national fund landed! The largest amount in history, the six major banks hold shares
Core stuff
2024-05-27 15:32Posted on the official account of Beijing Xinxi
A new member of the "national brand" investment fund!
Author | ZeR0
Edit | Desert Shadow
Xinxi reported on May 27 that the enterprise investigation showed that the National Integrated Circuit Industry Investment Fund Phase III Co., Ltd. (hereinafter referred to as the "National Fund Phase III") has been registered and established on May 24, 2024.
The registered capital of the third phase is 344 billion yuan, which is more than the sum of the first phase (98.72 billion yuan) and the second phase (204.15 billion yuan).
The legal representative is Zhang Xin, which is the same as the first and second phases.
There are 19 shareholders in the third phase of the big fund, and the Ministry of Finance is its largest shareholder, holding 17.44% of the shares; Other shareholders include China Development Bank Capital, Shanghai Guosheng Group, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China, Bank of Communications, Postal Savings Bank of China, Yizhuang Guotou, Kunpeng Capital, China Tobacco, etc.
▲The third phase of the big fund map (source: Qichacha)
▲Beneficiary shareholders of the third phase of the big fund
The National Fund originated from the "National Integrated Circuit Industry Development Promotion Outline" issued in June 2014, which is an investment and financing innovation to promote the development of the integrated circuit industry.
Under the guidance of the Ministry of Industry and Information Technology and the Ministry of Finance, in September 2014, the National Integrated Circuit Industry Investment Fund was formally established, taking various forms such as equity investment, focusing on investment in the integrated circuit chip manufacturing industry, taking into account chip design, packaging and testing, equipment and materials and other industries.
The first phase of the large fund was completed in 2018, with a total investment scale of 138.7 billion yuan, leveraging more than 500 billion yuan of local funds and private equity investment funds. It has a total of about 70 effective investment projects, of which chip manufacturing accounts for about 67%, chip design accounts for about 17%, packaging and testing accounts for about 10%, and equipment and materials account for about 6%.
The first phase of the investment projects includes manufacturing companies such as SMIC, Shanghai Huahong, Silan Microelectronics, Yangtze River Storage, San'an Optoelectronics, design companies such as UNISOC, ZTE Microelectronics, GigaDevice, Guoke Microelectronics, Jingjia Microelectronics, Rockchip, VeriSilicon, Huada Jiutian and other semiconductor IP and EDA companies, Changdian Technology, Huatian Technology, Tongfu Microelectronics and other packaging and testing companies, North Huachuang, China Microelectronics, Tuojing Technology and other equipment companies, Shanghai Silicon Industry and other material companies.
In October 2019, the second phase of the National Fund was established, and the investment direction was more diversified, with a total investment scale of about 204.2 billion yuan and nearly 600 billion yuan of social funds. Its investment projects include manufacturing companies such as SMIC, Hua Hong Semiconductor, Yangtze River Storage, and Ruili Integration, packaging and testing companies such as Huatian Technology and Tongfu Microelectronics, design companies such as UNISOC, Geke Microelectronics, Smartway, Zhixin Microelectronics, and Aojie Technology, EDA companies such as Hejian Gongsoft, equipment companies such as North Huachuang and China Micro Corporation, and material companies such as Shanghai Silicon Industry.
According to a previous report by Yicai, in addition to the equipment and materials that the third phase of the National Fund focused on, AI-related chips may become a new focus.
According to industrial and commercial information, the business scope of the third phase of the National Fund includes: private equity investment fund management and venture capital fund management services; Engage in equity investment, investment management, asset management and other activities with private equity funds; Business management consulting.
▲The relationship map of the third phase of the big fund
View original image 43K
-
344 billion to support chip companies, the third phase of the national fund landed! The largest amount in history, the six major banks hold shares -
344 billion to support chip companies, the third phase of the national fund landed! The largest amount in history, the six major banks hold shares -
344 billion to support chip companies, the third phase of the national fund landed! The largest amount in history, the six major banks hold shares -
344 billion to support chip companies, the third phase of the national fund landed! The largest amount in history, the six major banks hold shares -
344 billion to support chip companies, the third phase of the national fund landed! The largest amount in history, the six major banks hold shares -
344 billion to support chip companies, the third phase of the national fund landed! The largest amount in history, the six major banks hold shares