Chapter 783: [Domestic semiconductor industry chain potential leader]

Luo Sheng took over the information and browsed one by one.
As early as more than ten years ago, the Côte d’Azur released the first real smartphone. After this product began to make large-scale profits, the company proposed a strategy for the entire domestic semiconductor industry chain that does not rely on foreign supply chains. plan.
This is a grand strategic plan that outsiders can't even think of.
After so many years, the accumulated investment of capital in RMB is already in the trillions of dollars. Shengfeng Capital was established for this reason. Venture capital in the technology field is mainly concentrated in the semiconductor field.
The time period is long and the investment scale is huge. Only Luo Sheng can bear it, and the continuous profit creation of several of its companies can support it.
Such a huge amount of prepaid capital has finally seen its fruition.
Yao Jianhong said:
These companies are outstanding, and they stand out from thousands of startups. The gap between the underlying materials and manufacturing equipment and Europe and the United States is basically not big. The internal evaluation results are expected to be where they are. The future potential leader in the industry chain."
At this moment, Luo Sheng is patiently watching the information of these companies.
【Zhongwei Technology】
Established in August 2008, Côte d’Azur holds 36.21% of the shares, leading domestic storage potential. With the launch of foreign companies, market share continues to increase. Last year’s operating income has surpassed Zhaoyi Innovation, storage prices continue to rise, and the company’s profitability The ability is becoming more and more eye-catching, and the market has given a valuation of 62 billion yuan.
【Xinnuo Technology】
Established in April 2011, Shengfeng Capital Investment holds 37% of the shares. The domestic target material has the potential to lead. Ultra-high purity metal and sputtering target are one of the key materials for the production of ultra-large-scale integrated circuits. Metal sputtering target products are now available in batches at the 11 nanometer technology node, successfully breaking the monopoly pattern of European and American multinational companies. This company is bound to become more and more important in the domestic electronic materials industry. The market’s valuation It is 21.9 billion yuan.
【Hengsheng Technology】
Established in February 2005, Côte d’Azur acquired 56% of its shares. It is a potential leader in domestic equipment manufacturers. Its business scope covers multiple fields such as integrated circuits, LEDs, and photovoltaics. A number of equipment has entered the 11-nanometer process and the product line covers etching machines. , Oxidation furnace, cleaning machine, diffusion furnace, PVD, CVD and other major categories, downstream customers are mainly domestic first-line fabs such as Xiongxin Electronics, and the market value is 42.8 billion yuan.
【Zhimin Technology】
Founded in 2011, Shengfeng Capital invested 39.2% of its shares. Domestic storage design and FPGA potential leader. Zhimin Technology has become a domestic storage chip design leader after ten years of painstaking development, and it has turned losses into profits. Give it a valuation of 49 billion yuan.
【Nantian Microelectronics】
Established in July 2007, Côte d’Azur Investment holds 35.8% of the shares. Chip sensing, communication control, and energy saving are the company’s core businesses, and it is committed to becoming a high-end product, technology, service and overall solution centered on smart chips. Solution provider, the market has given a valuation of 32 billion yuan.
【Reebok Technology】
The company was established in 2004. In the same year, Côte d’Azur acquired 68.72% of its shares less than half a year after its establishment. Reebok has long been the number one in the field of fingerprint recognition chips, because its largest customer partner is the parent company, Azure. Coast, not only received orders from the parent company, but also received technical support from the parent company to provide fingerprint recognition chips for all generations of Azure mobile phones, iP tablets, consoles, and current Dabai robots.
This company is hardly known by anyone. It has been following the parent company to make a fortune. It is so low-key that even the VCs think it is just a departmental company on the Côte d’Azur, because its products are marked with the parent company’s Trademarks cannot be concealed or concealed to be listed today. The market has valued them as high as 128 billion yuan.
【Topway Technology】
Established in 2005, Côte d’Azur acquired 70% of its shares and restructured its strategy to serve the parent company. After adjustment, it is committed to the research and development of human-machine interface solutions and provides the most competitive touch chip for mobile electronic devices. , Display driver chip, touch display integrated single chip and pressure touch chip, etc., the market has given a valuation of 78 billion yuan.
【Xinlu Semiconductor】
Founded in early 2012, Shengfeng Capital invested 47% of its shares. It is a start-up company with smart security chips and automotive electronic chips as its core business. The largest customer partner is Weilan Pure Electric Vehicles, and the market gives it a valuation of 66 billion yuan. .
Yao Jianhong selected these eight non-listed companies, or the subsidiaries, affiliates or holding companies of Côte d’Azur, Shengfeng Capital Investment, and mergers and acquisitions. Several of them started together with the Côte d’Azur. The thigh took off.
Luo Sheng nodded with satisfaction. These 8 companies cover the core areas of the upstream and downstream industries such as design capabilities, manufacturing, materials, technology, and equipment manufacturing in the semiconductor field. They play a pivotal role in the domestic semiconductor industry chain plan. Key role.
It can be said that this time the real baby was revealed to deal with the blow of Lao Mei this time.
Don't hide it, tuck it away, it's a showdown.
It was originally secretly protected, so that companies such as Zhaoyi Innovation, Goodix, Ziguang, and Huada were in front to attract the attention of the outside world. In fact, they played a strategy of Mingxiu plank road and dark storage.
We must know that the subsidiaries, subsidiaries, and holding companies of the Côte d’Azur alone can add up to thousands of large and small companies. Shengfeng Capital also invests in seven to eight thousand companies, with large assets ranging from dozens to hundreds. Hundreds of millions, small tens of millions.
With such a large number, it took a lot of effort to stroke one, let alone Luo Sheng deliberately acted low-key.
For companies in the semiconductor industry such as Zhaoyi Innovation and Ziguang, Shengfeng Capital also invested money, and the development is also remarkable, but the main purpose of investing money is to attract firepower, and whether they can produce results is secondary. , Of course the best results are.
If Xiongxin Electronics is a "pro-son", Reebok Technology is "an illegitimate child", and Zhaoyi Innovation is at most a distant relative, of course, it is the most important "pro-son". The second is the "illegitimate child" and the distant relative last.
But now it seems that they are just "tool" companies, and they are all fake leaders. In the future, it depends on the non-listed companies such as Reebok, Zhongwei, and Topway. These companies will be the leading companies in all major links of the semiconductor industry in the future.
It is worth mentioning that these 8 companies are going to be listed on the Big A Science and Technology Innovation Board, and their shareholding structure is obviously the same share with the same rights, because Big A does not support the same share with different rights, and none of the largest shareholders of these companies The exception is either Shengfeng Capital or the Côte d'Azur, whose equity ratios are all above 34%.
The company’s major issues require a two-thirds majority to pass, that is, the voting ratio must reach 67% absolute control. In other words, as long as Luo Sheng voted 34% to veto the major issues, but 67% of the votes cannot be passed, it is equivalent to yes Have a veto.
In addition to having a pivotal right to speak in the equity structure, the real right to speak lies in the supply and demand of the industrial chain and core technologies.
For technology companies, core technology is the foundation.
In fact, what Luo Sheng wants is very simple. You shareholders just lie down and make money, but don't make any comments on the company's development strategy. You must serve the parent company's grand strategy. This is originally a strategic investment rather than a financial investment, even if it is listed. The stocks held will not be easily cashed out, but will always be held to ensure control.
Even if you insist, it will not fall below the 34% red line.
The large-scale reductions in holdings and cash out are those VC institutions who have made profits. They come purely for profit and are financial investments.
These companies are all involved in important links in the semiconductor industry chain, and they are also potential leaders. If one of them is not obedient and confronts you, they will have to stare at nothing and have a bad overall layout.
Of course, Luo Sheng cannot tolerate the existence of this potential hidden danger, and must be firmly controlled. PK with the international semiconductor industry chain is no longer an easy task. If the team is still engaged in infighting, it will not be possible to play.
Putting the information after reading aside, Luo Sheng said: "I will disclose it tomorrow. You can host the launch of the folding screen Azure-5X and PC laptops. UU reading www.uukanshu.com"
Yao Jianhong nodded: "No problem."
Next month is September.
This fall, the Riviera will release two new products, one is a 5G mobile phone with a folding screen. Azure-5 has been on sale for three years, and it won’t be able to sell without a new product. The 5G version of the folding screen mobile phone does not have Azure-5. So amazing, but relatively speaking, it is also the world's first folding screen 5G mobile phone so far.
Other manufacturers have not done it yet, and it is also the first smartphone to support 5G technology, and it is still the leading peer.
As for Azure-6, it is still under secret research and development. It is impossible to release the latest flagship product this year.
The PC notebook business can be regarded as a supplement to a fringe business on the Côte d'Azur. The PC industry has been gradually shrinking, and the company will not invest too much energy in this field.
Although neither of these two products are stunning epoch-making products, they have extraordinary significance and unique historical status.
These two new products will be built entirely from the entire domestic semiconductor industry chain, and their core technologies, such as chip design to packaging, are all localized. Except for outsourced edge technologies, all core technologies do not rely on any international supply Chain vendors provide support.
It is no exaggeration to say that these two products are a "final exam" for Luo Sheng's domestic semiconductor industry chain plan strategy for more than ten years. If they succeed, it means that the domestic chip semiconductor industry has formally formed a positive trend. The closed-loop ecology of the inner circle does not matter even if the United States completely bans the cooperation of international suppliers. The monopoly has been completely broken, and the follow-up is to further develop and complete the world from chasing the world to leading the world.
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