The semiconductor and automotive electronics tracks are still hot, and a 4 billion yuan industrial fund will be established
Views：25860Published：2023/3/14
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On March 9, SAIC Motor announced that in order to further improve the company's expansion and flexibility in the layout of the automotive industry, the company's subsidiaries SAIC Financial Holdings, Huayu Shanghai, Donghua Automobile, and Zoomlion Electronics intend to cooperate with Zhanxin Fund , Modern Industry Fund, Chongqing Yufu, etc. plan to jointly invest in the establishment of "Henan Shangqi Huirong Shangcheng No. 1 Industrial Fund Partnership (Limited Partnership)".
According to the announcement, the newly established industrial fund has a target subscribed capital contribution of 4 billion yuan, and the first closed scale is 3.373 billion yuan. Among them, SAIC Group subscribed a total of 1.47 billion yuan, holding 43.58% of the fund shares.
The fund will focus on fields related to automotive electronics, semiconductors, new energy, and industrial chain extension, focusing on subdivided track projects such as autonomous driving, smart cockpit, low-carbon travel, semiconductors, and information security related to the industrial chain.
It is worth mentioning that within one month of last year, SAIC Motor participated in the establishment of industrial funds three times. The investment directions of these funds include dual carbon, semiconductors, automotive electronics, advanced manufacturing, new materials, new energy, intelligent network and so on.
Automobiles are one of the important application scenarios of chips. In recent years, with the development of intelligent and electrified automobiles, chips have become more important. In this regard, the country has successively issued a number of industrial policies, such as "Automotive Semiconductor Supply and Demand Docking Manual", "Smart Vehicle Innovation and Development Strategy", "Automobile Industry Medium and Long-Term Development Plan", etc., to encourage and support the development and innovation of the automotive chip industry, and then seek To achieve the goal of domestic substitution.
With the iterative update of automobile technology and the periodic shortage of chip supply, the lack of chips for car companies has always been the focus of heated discussions in the global auto industry. With supply in short supply and opportunities and challenges coexisting, many domestic car companies have broken the situation through strategic investment, independent research and development, and joint research and development. In addition to the above-mentioned SAIC Group, many domestic car companies such as BYD, Great Wall, Dongfeng, and Changan have also begun to accelerate the layout of the automotive chip industry chain.
In the long run, domestic car companies are actively developing automotive electronics, semiconductors and other fields, not only to cope with the current shortage of cores, but also to meet the current hot wave of new energy vehicles. We will wait and see whether domestic car companies will explore a path of self-development and sustainable development in the future.
Reposted from: International Electronic Commerce, automatically translated by Google
