Zhiguang Electric: it is proposed to set up Zhiguang Jifu No. 1 Fund to invest in semiconductors and other related industries.

Published: Aug 23, 2021 08:32

On the evening of August 22, Zhiguang Electric said that in order to implement the business strategic layout of "products + services + investment", it is proposed to launch with relevant partners to set up Guangzhou Zhiguang Jifu No.1 Venture Capital Partnership (Limited Partnership) (referred to as "Zhiguang Jifu No.1 Fund").

Among them, Zhiguang Electric contributed 20 million yuan as a limited partner, and Guangzhou Zhiguang Private Equity Fund Management Co., Ltd., a wholly owned subsidiary of the company, contributed 1 million yuan as a general partner and manager to jointly invest with Jifu Venture Capital Co., Ltd., Huitianze Investment Co., Ltd., Lin Bingyu, Gan Yangjin, Lu Jiewen, Xiao Yingying and others to set up Zhiguang Jiefu No. 1 fund, with a fund size of 101 million yuan. The investment direction is semiconductor, integrated circuit, chip design and other related industries.

Zhiguang Electric pointed out that the establishment of Zhiguang Jifu No. 1 fund this time is in line with the company's business strategic layout of "products + services + investment", which is conducive to enhancing the comprehensive competitiveness of the company's sustainable development, thus creating greater benefits for the company's shareholders.

In terms of performance, Zhiguang Electric expects to achieve a profit of 7-740 million yuan in the first half of the year, a year-on-year increase of 28.8-30 times. The report said that the sharp increase in Zhiguang Electric's operating performance was mainly affected by changes in the fair value of Southern Electroweb Comprehensive Energy Co., Ltd.

Prior to this, Zhiguang Electric indirectly invested in Yuexin Semiconductor by holding the limited partnership share of Yuxin Zhongcheng. Yuexin Semiconductor is the only 12-inch wafer manufacturing enterprise that Guangdong-Hong Kong-Macau Greater Bay Area Electric has entered into mass production at present. With "customized OEM" as its operation strategy, it starts from consumer chip manufacturing, and gradually upgrades through electricity into the industrial electrical field, thus forming a differentiated competitive advantage in the automotive electrical field, committed to meeting the booming manufacturing needs of electrical analog chips and discrete devices. Focus on the domestic immature platform and "neck of the neck" product technology, in the future in the high-end mold electro-pneumatic chip specific fine differentiation market to make a breakthrough.

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