Guangdong Province, China, is planning the second phase of the semiconductor and integrated circuit industry investment fund project, with a scale of 30 billion yuan (RMB, the same below, S $ 5.8 billion).
According to the China Securities Times, Kim Shenghong, Chairman of Yuecai Holdings, said at the annual meeting of integrated circuit manufacturing on Tuesday (April 18) that the fund period is 17 years, covering automotive chips, semiconductor materials and equipment, and equipment, equipment, equipment, equipment, equipment, equipment, equipment, equipment, equipment, equipment, equipment, equipment, equipment, equipment, equipment, equipment,The theme of compound semiconductor.
Since its establishment in 2021, the business scale has reached 31 billion yuan and has invested 102 companies.
Public information shows that Yuecai Holdings is a large financial holding enterprise directly under the Guangdong Provincial Government, and Yuecai is also the manager of the Guangdong semiconductor and integrated circuit industry investment fund.