Chapter 1694 Policy Introduction
Li Rui stared at Ding Wenbin and opened his mouth slightly.
A few days ago, he was still recalling hard that in the reports he had read in his previous life, who was the one who was dismissed with Zhao Guowei?
Li Rui didn't remember it at first. After listening to Ding Wenbin's self-introduction, Li Rui suddenly remembered that there was this person!
At this time, Ding Wenbin had already started reporting: "...The establishment of this fund is to promote the collection of national strategies and market mechanisms, so that the integrated circuit industry can form the most complete policy support system among various industries in China, and achieve the overtaking of the integrated circuit industry.
After its establishment, the foundation mainly invested in four major areas: IC design, manufacturing, packaging and testing, and equipment…”
Every time Ding Wenbin talks about a field, the leading domestic companies in this field will show joy on their faces.
Zhan Xun, the chip design, the Xia core made, the long electricity packaged and the equipment made, and Xia Wei all straightened his waist and raised his head, as if the country's money flew into their pockets immediately!
Ding Wenbin is still continuing: "The foundation will have eight to ten initiate shareholders, and the ones that have been confirmed include Guokai Finance, Huaguo Tobacco, Huaguo Mobile, Yizhuang Guotou, Haizhou Guosheng, Huaguo Electric Technology, etc.... The fund is expected to be raised
80 billion yuan of common shares will be obtained, and 40 billion yuan of preferred shares will be issued, with a total scale of 120 billion yuan. The investment methods of funds include: private equity, fund investment, mezzanine investment and other primary market investment and secondary market investment, not
Do venture capital and angel investment; exit will be repurchased, mergers and acquisitions, public listing, etc. This fund is named the National Integrated Circuit Industry Investment Fund, and its ownership is the National Integrated Circuit Industry Investment Fund Co., Ltd., and its custody is the National Development Bank
, In the future, a single manager will be set up."
After hearing the scale of the funds, many people in the audience were happy and seemed to be sure that they could get a share of the pie.
Li Rui sighed secretly.
It's so much money, no wonder someone rushes on it like a moth to the flames.
Faced with so much money, even if he is rich, Li Rui can't help but be moved.
This money is called an investment fund, but it actually comes to the hands of various companies. They are not the final say on what they want to do?
Moreover, this is not a loan, and it does not need to be repaid. Even if you lose money in the future, the loss will be from the country rather than your own. Don’t waste this kind of money!
Ding Wenbin is still continuing: "...The total investment period of the fund is planned to be 20 years, divided into investment period (2012-2017), recovery period (2017-2022), extension period (2022-2027) and acceptance period (2027-2032).
During the next five years of investment period, the annual investment scale will increase from 2012 to 2017, with the three-year investment amounts of RMB 200, 240 and RMB 36 billion, respectively, accounting for two-thirds of the total RMB 120 billion.”
"National policies will use the market-oriented mechanism of equity investment to reflect the national strategy, which is essentially different from the previous subsidy model."
After he finished introducing the venue, the venue was full of excitement.
Someone shouted excitedly: "Sister Ding, can this fund be started this year? How can we apply for support?"
Ding Wenbin smiled and said, "Don't worry, I haven't finished it yet. Based on the current situation of the integrated circuit industry, we have made a detailed plan and will invest in the entire integrated circuit industry chain, design, manufacturing, and packaging.
Two or three leading enterprises will be selected for each sub-sector such as testing, equipment materials, and applications, and priority support will be given. At the same time, the fund will also support mergers and acquisitions, and cooperate with local and corporate funds to build an integrated circuit industry investment ecosystem..."
Li Rui's eyes lit up, and he heard the most critical sentence.
Otherwise, the national policy must be broken and carefully considered. Although Ding Wenbin only said half of the sentence "at the same time, the fund will also support mergers and acquisitions", it is heard that in Li Rui's ears, it is the biggest and best news.
.
This means that Zhanxun's acquisition has received national permission or even support at least at the policy level. Next, whether it is the Information Industry Association, Haizhou local governments or Gusu funds, if you want to provide Xingrui financial support,
It’s not just empty talk, but policy support!
Ding Wenbin next introduced the detailed direction of capital investment: "...The investment scale of integrated circuit design accounts for about 10% of the total fund scale, mainly investing in high-end general-purpose chips, mobile smart terminal chips, digital TV chips, network communication chips, and smart wearables.
Equipment chips, integrated circuit design software and other directions... The investment scale of integrated circuit manufacturing accounts for about 45-50% of the total investment scale of the Big Fund. The main investment directions include 40nm capacity expansion, 28nm mass production, 14nm Finfet and other advanced processes, special process manufacturing lines
Technology upgrade and capacity expansion, compound semiconductor projects such as gaasgansic..."
After some introduction, some people are happy and some are worried.
Small and medium-sized enterprises are out of the blue. The country is focusing on supporting leading enterprises this time. With the expansion of leading enterprises, small and medium-sized enterprises will definitely not be able to escape the result of being acquired. Even if they can survive, the market will be eroded by a large number.
Among the large enterprises, some who are included in the plan are already thinking about how to obtain funds, while some who are not included in the plan are serious, thinking about whether they can do their jobs and join their own enterprises.
When you go to the planning, if it really doesn’t work, hurry up and launch a project that you can put in. In short, don’t be idle!
Li Rui squinted his eyes and did not move. He was still waiting for his most critical paragraph.
Sure enough, Ding Wenbin said next: "...The scale of the M&A restructuring fund accounts for about 20-30% of the total fund investment scale. The main investment directions include: acquisition of high-quality overseas assets; acquisition of advanced technologies; upstream and downstream mergers and acquisitions of the industrial chain. In addition, there are also
The ecological construction fund, which accounts for 10-20% of the total investment scale of the large fund, is used to invest in local, enterprises, industrial integrated circuit industry funds, establish equipment leasing companies, overseas mergers and acquisitions of spvs, etc..”
Li Rui's eyebrows and eyes stretched out.
The 120 billion fund is 24 billion even based on 20% of the investment scale. As long as Xingrui can get one third, it is enough to use it.
Li Rui looked at the first row, Cong Liyou Zheng whispered secretly with the people around him. From a distance, he could see that his spirit was quite high. Obviously, these policies were quite beneficial to Zhan Xun, and he also bought Zhan Xun for Shuimu Guanghua.
It constitutes good news.
Chapter completed!