Xi Venture Capital Leads Industry Leaders to Cultivate a Billion Dollar Industrial Chain

　　The Wentai Wuxi Intelligent Manufacturing Industrial Park project is a provincial key project that integrates 5G intelligent terminals, SIP packaging products, and power semiconductor devices. After completion, it will become one of the world's first and important 5G intelligent manufacturing industrial bases. At present, the infrastructure construction of the project has been basically completed.

　　Wentai Technology is a leading enterprise in China's semiconductor industry, and the integrated circuit industry is one of the key industries for development in Wuxi. Therefore, in 2018, we introduced Wentai Technology to Wuxi and implemented multiple research and development manufacturing projects through capital intervention. The industrial park project is also one of them, "said Guo Bingyu, Co President of Wuxi Innovation Investment Group Co., Ltd. (hereinafter referred to as" Xichuang Capital "), leveraging the power of capital to provide more support for the development of the local industrial chain.

　　Not just Wentai Technology. In Wuxi, Xi Venture Capital has leveraged its capital advantage and successively introduced key projects such as SK Hynix Second Factory, Huahong Semiconductor Wuxi Base, and Wentai Technology Wuxi Base. At the same time, it has also cultivated and supported industry leaders such as China Resources Microelectronics, Changdian Technology, and Zhuosheng Microelectronics locally. Although they are both industry leaders in the integrated circuit industry, their segmented fields are slightly different. Overall, it includes the manufacturing end, chip design end, as well as the equipment end and material end. From the perspective of the industrial chain, the key projects invested by Xichuang Capital basically cover multiple key areas of the integrated circuit industry, which has led to the continuous expansion of Wuxi's integrated circuit industry. According to data, it is expected that the scale of Wuxi's integrated circuit industry will exceed 280 billion yuan by 2025.

　　How to maintain the integrity of Wuxi's industrial chain and enhance the overall value of the industrial chain? Guo Bingyu believes that leading enterprises in the industry and expanding large-scale projects are effective ways to drive the development and value upgrading of the entire industrial chain. This requires government funds to shoulder the heavy burden, actively participate in management, and lead advantageous industrial resources. In terms of specific operations, on the one hand, we will increase direct investment in key core links of the industrial chain, and on the other hand, establish market-oriented funds to invest in upstream and downstream small and medium-sized enterprises in core links, cultivating specialized, refined, unique and new "little giants".

　　Following this idea, at the end of last year, through strategic investment, Xi Venture Capital assisted the High tech Zone in successfully attracting Zhongsheng Tianxin and (Wuxi) Biotechnology Co., Ltd. "Zhongsheng Tianxinhe is the supplier of China's biological COVID-19 vaccine culture medium, whose culture medium business accounts for about half of the market share of domestic products." The relevant person in charge of the management committee of Wuxi High tech Zone introduced that relying on capital support, the enterprise has increased its technological breakthrough, and has also built an upstream raw material and equipment industrialization base project in the park, further improving the autonomy and supply guarantee of the upstream of the biopharmaceutical industry chain.

　　According to the data, the current scale of Xi Venture Capital Management Fund has exceeded 220 billion yuan, with key funds mainly focused on key projects and core projects in key industries such as integrated circuits, biomedicine, dual carbon energy conservation, and advanced manufacturing. With a "big investment", a group of "strong soldiers" have been created, and behind many industry "heavyweight players", there is the figure of Xi Venture Capital.

　　Not long ago, Xi Venture Capital heavily invested in Shanghai Super Silicon Semiconductor Co., Ltd., a domestic large-scale silicon wafer manufacturer, with a total investment of up to 1 billion yuan. This enterprise is considered the only company in China that has mastered the production technology of crystal growth equipment. Guo Bingyu said that capital assistance in Wuxi's construction of the "465" modern industrial system requires not only improving the industrial chain, but also investing early and small. It is reported that Xi Venture Capital will establish a high-quality development fund for listed companies this year, specifically targeting listed companies to set up industry merger and acquisition funds, participate in convertible bond investment and targeted issuance of listed companies.