After thorough research, the Chinese new energy market appears to be continuously infiltrating, leading to increased activity in the domestic semiconductor industry in areas such as automotive production. In accordance with this trend, Ample-Chip joined forces with Munich Shanghai Electronics Exhibition and Ankexin to host the Car Electronics Carnival on July 11-13. This event aimed to explore the innovative tide of intelligent transformation in the automotive industry and establish a new paradigm for the industry value chain's development.
Moreover, the SiC field has recently caught the attention of several investors as a viable alternative to traditional solutions. Xiaomi, in particular, has been investing in this area through companies like Weizhao Semiconductor, Zhanxin Electronics, Jita Semiconductor, Xineng Semiconductor, and Feizhong Semiconductor, which have all received significant investments in the SiC sector. Shanghai Han Xin Technology Co., Ltd. (referred to as "Han Xin Technology"), on the other hand, secured a B-round funding of over CNY 500 million, led by Jianxin (Beijing) Investment Fund (a subsidiary of Construction Bank). Founded in 2019 and situated in Shanghai's Qingpu District, Han Xin Technology is among the few local businesses that have entered the silicon carbide design industry earlier and can mass-produce and deliver carbonized silicon MOS tubes, diodes, and modules on a large scale. Notably, SiC power devices will demonstrate fast downstream penetration rates and explosive downstream application growth in 2023.
In other semiconductor-related news, Chongqing Road & Bridge Corporation has been interested in entering the industry for almost two years now, as evidenced by its collaboration with Shanghai Linjun Electronics Technology Co., Ltd., which acquired a 12.60% stake in Chongqing Road & Bridge Corporation for CNY 853 million. Furthermore, the company has recently partnered with Hainan Qingyuanxin Investment Partnership (Limited Partnership) and Shanghai Linxin Investment Management Co., Ltd. (referred to as “Lin Xin Investment”) to create Jiaxing Linlan Equity Investment Partnership (Limited Partnership) with a capitalization of no more than CNY 100 million. As a result, the company has extended its activities to the semiconductor sector.
Among the 44 domestic semiconductor industry financing projects in May 2023, whose total financing amounts reached over CNY 1.5 billion, some noteworthy events have taken place. In particular, Chongqing Road & Bridge Corporation's investment of CNY 90 million in the semiconductor field has drawn attention. The company has stated its intention to explore opportunities for development in the integrated circuit industry and generate new revenue streams, given Shanghai Linjun Electronics Technology Co., Ltd. and Lin Xin Investment's advantages and resources in the field. Chongqing Road & Bridge Corporation also acquired 4.2825% of Anhui Changfei Advanced Semiconductor Co., Ltd.'s (referred to as "Anhui Changfei") shares through Jiaxing Linlan. Anhui Changfei is primarily focused on the process research and production of third-generation semiconductors, with SiC and GaN as representative products. The primary business areas include epitaxy of SiC and GaN, manufacturing of relevant chips such as third-generation semiconductor power and RF, and the research, production, and sale of power modules and power single-tube packaging tests across the entire industry chain. Products are mainly used in new energy vehicles, communication base stations, photovoltaics and other relevant fields.
Overall, there is a clear trend of increased investment interest in the semiconductor industry with ample opportunities for growth and development, such as SiC power devices and third-generation semiconductors, which are actively being explored by various investors. Furthermore, Ample-Chip is an example of a company active in the semiconductor trade business, with events such as the Car Electronics Carnival showcasing new developments and partnerships. The growing interest in the semiconductor industry is expected to lead to further innovations and trusted partnerships in the coming years.
