The full name of the National Natural Science Foundation of China is National Integrated Circuit Industry Investment Fund Co., Ltd., which was established on September 26th, 2065438. The first phase of the National Natural Science Foundation raised1387.2 billion yuan (an increase of12 billion yuan compared with the original plan 15.6%), making it the largest industrial investment fund in China.
Two. Composition of large national funds
The first phase of the National Natural Science Foundation was established in September, 20 14, with a registered capital of 98.72 billion yuan and a total investment of138.7 billion yuan. The main shareholders are the Ministry of Finance, CDB Finance, China Tobacco, China Mobile, Ziguang Communication, etc. The investment plan is divided into investment period, payback period and extension period of 5 years, and the term is 15.
The second phase of the National Natural Science Foundation was incorporated on October 22nd, 2065438+2009/kloc-0, with a registered capital of 20465438+50 million yuan. The second phase of the Big Fund is a continuation of the first phase, and its scale has increased by 45% compared with the first phase, which shows the determination of the country to support the integrated circuit industry. In terms of shareholders, the second phase of the big fund is also led by the Ministry of Finance and CDB finance, with an investment of more than 20 billion yuan. But overall, its sources of funds are more diversified and market-oriented. * * * There are 27 shareholders, including central enterprises, local state-owned assets and private enterprises, all of which are quite powerful.
3. What are the similarities and differences between the first phase and the second phase of the big fund?
First of all, the similarity is, of course, to support the development of domestic semiconductor industry and accelerate the domestic substitution process of semiconductor core areas, while the difference is more reflected in the investment strategy and investment direction layout of the two funds.
Judging from the relevant research reports, the investment layout of the first phase of the big fund is mainly in the manufacturing field, focusing on the downstream leading industrial chain, while the second phase is more focused on the upstream fields such as semiconductor equipment and materials.
According to the distribution of the investment fields in the first phase of the big fund, 67% is integrated circuit manufacturing, 17% is design, 10% is packaging and testing, and 6% is equipment materials. In addition, its investment in the top three enterprises in the industrial chain accounts for 70%.
The second phase of the Big Fund focuses on equipment and materials, mainly investing in semiconductor equipment and materials with obvious shortcomings, and focusing on improving the key industrial chain of the semiconductor industry.
The follow-up of the second phase of the big fund is to take over the big goal of the first phase and support other sub-sectors that need more support and the upstream links of the semiconductor industry chain. In the Outline for the Development and Promotion of National Integrated Circuit Industry released in June, 20 14, it was mentioned: "By 2030, the main links of the integrated circuit industry chain will reach the international advanced level, and a number of enterprises will enter the international first echelon and build a' chip-software-complete machine'.