News summary
The third phase of the National Fund was established3reels, registered capital of 344 billion yuan, and shareholders include 19 units including the Ministry of Finance and a number of major state-owned banks. Photoresist concept stocks rose sharply.
Newsletter text
[The third phase of the National Fund was established, Zhang Xin served as a legal person, and 344 billion yuan of registered capital was injected into the market]
Recently, the National Integrated Circuit Industry Investment Fund Phase III Co., Ltd. was officially established, with Mr. Zhang Xin as the legal representative, with a registered capital of up to 344 billion yuan, which attracted market attention.
The company's business scope involves private equity fund management and venture capital fund management services. It also engages in private equity investment, investment management and asset management activities, and provides corporate management consulting.
The shareholder lineup is luxurious, including 19 well-known institutions including the Ministry of Finance, China Development Financial Co., Ltd., Shanghai Guosheng (Group) Co., Ltd. and Industrial and Commercial Bank of China Co., Ltd., which demonstrates the country's importance and support for the integrated circuit industry.
The news of the establishment of the third phase of the National Fund quickly aroused repercussions in the capital market. Photoresist concept stocks performed well. Polidi's share price rose by more than 17%, Rongda Photosensitivity rose by more than 10%, and Yangfan Xincai and other related companies have all risen.
Looking back on history, the National Integrated Circuit Industry Investment Fund Phase II Co., Ltd. was established in 2019. Zhang Xin still serves as a legal person with a registered capital of 20413reels.500 million yuan. The shareholder composition is also quite diverse, with 27 shareholders including the Ministry of Finance and China Development Financial Co., Ltd. jointly holding shares.
Looking back further, the National Integrated Circuit Industry Investment Fund Co., Ltd., established in 2014, has a registered capital of 98.72 billion yuan, and its shareholders include 16 companies including the Ministry of Finance and China Development Financial Co., Ltd.