Sino-Singapore Jingwei, August 4th (Wang Yongle) Under the anti-corruption sword, many high-level executives in the chip industry have been recently investigated.
Ding Wenwu, general manager of the National Integrated Circuit Industry Investment Fund Co., Ltd. (hereinafter referred to as the "big fund"), was investigated, and it was considered that the "anti-corruption storm" against the chip industry was entering a climax.
Ding Wenwu and others were investigated
On July 30, it was officially notified that Ding Wenwu was suspected of serious violations of discipline and law. He was designated by the Central Commission for Discipline Inspection and the State Supervision Commission. He is currently undergoing a disciplinary review by the Central Commission for Discipline Inspection and the State Supervision Commission of the Ministry of Industry and Information Technology. .
According to public information, on September 24, 2014, CDB Finance, China Tobacco, Yizhuang SDIC, China Mobile, Shanghai Guosheng, China Electronics Technology, Tsinghua Unigroup, Huaxin Investment, etc., as sponsors, jointly signed the "National Integrated Circuit Industry". The Sponsor Agreement of the Investment Fund Co., Ltd. and the Articles of Association of the National Integrated Circuit Industry Investment Fund Co., Ltd. marked the official establishment of the Big Fund.
The large fund takes various forms such as equity investment, focusing on investment in integrated circuit chip manufacturing, taking into account industries such as chip design, packaging and testing, equipment and materials.
The first phase raised 138.7 billion yuan, and the second phase raised 204.15 billion yuan.
The resume shows that Ding Wenwu, male, was born in March 1962, and graduated from Hefei University of Technology in 1988, majoring in electronic science and technology.
He used to be the deputy director of the Electronic Information Product Management Department of the Ministry of Information Industry, the deputy director of the Electronic Information Department of the Ministry of Industry and Information Technology, and the director of the Electronic Information Department of the Ministry of Industry and Information Technology.
In addition, he has also served as a senior executive of Wuhan Xinxin Integrated Circuit Manufacturing Co., Ltd. and Yangtze Memory Technology Co., Ltd.
After the establishment of the National Large Fund in 2014, Ding Wenwu successively served as the general manager and director of the first and second phases of the large fund.
According to public reports, before Ding Wenwu, 4 people related to the big fund have been investigated.
In terms of time, on November 19, 2021, the website of the Central Commission for Discipline Inspection and State Supervision Commission announced that Gao Songtao, the former vice president of Huaxin Investment, was suspected of serious violations of the law and is currently under supervision and investigation.
The resume information shows that Gao Songtao, male, was born in June 1970, joined the Communist Party of China in November 1995, and started working in July 1991.
From December 2009 to September 2010, he was the assistant director of the Software and Integrated Circuit Promotion Center of the Ministry of Industry and Information Technology; from September 2010 to October 2014, he was the deputy director of the Software and Integrated Circuit Promotion Center of the Ministry of Industry and Information Technology; From October 2014 to November 2019, he was the vice president of Huaxin Investment Management Co., Ltd.; in November 2019, he was the general manager of the National Manufacturing Transformation and Upgrading Fund Co., Ltd.
According to public reports, Core Investment is the sole manager of the large fund, and Gao Songtao was in charge of the investment operation of the fund during his tenure at Huaxin Investment.
On July 15, 2022, the website of the State Supervision Commission of the Central Commission for Discipline Inspection announced that Lu Jun, the former deputy director of the CDB Development Fund Management Department of China Development Bank, was suspected of serious violations of discipline and law, and is currently receiving discipline from the Disciplinary Inspection and Supervision Team of the Central Commission for Discipline Inspection and the State Supervision Commission of the China Development Bank. Review and supervision and investigation by Jilin Provincial Supervisory Commission.
Lu Jun was born in 1968 and served as Deputy Director of the China Development Bank Development Fund Management Department and Deputy General Manager of China Development Bank Development Fund Co., Ltd.
Since the establishment of Huaxin Investment in 2014, Lu Jun has served as a director and manager, and has participated in a large number of investment operations of large funds.
According to media reports, Wang Wenzhong, a partner of Shenzhen Hongtai Fund Investment Management Co., Ltd., the manager of Shenzhen Hongtai Fund Investment Management Co., Ltd., was also taken away on the same day as Lu Jun.
According to the website of Hongtai Fund, Wang Wenzhong was the general manager of Beijing Hengrong Yanxing Management Consulting Co., Ltd., and worked in Beijing Zhengyi Accounting Firm and the Institute of International Economics of Peking University.
He holds a bachelor's degree in radio technology from Beijing University of Technology and a master's degree in finance from Peking University.
The report mentioned that Wang Wenzhong has no experience in large or well-known investment institutions, and is a classmate with Lu Jun.
On July 30, some media learned from multiple channels that Yang Zhengfan, deputy general manager of the third investment department of Huaxin Investment, was also taken away for investigation recently.
Sino-Singapore Jingwei noticed that in response to the report that "Yang Zhengfan was investigated", Jacques Technology announced on the evening of August 3 that Yang Zhengfan was a member of the company's board of directors.
Up to now, the company is actively verifying relevant matters with all parties.
In addition, public reports also showed that in July, two former executives of Ziguang Group were investigated.
First, Zhao Weiguo, the former chairman of Ziguang Group, was taken away from his home in Beijing by relevant departments in early July, and he is still in a state of being out of touch with the outside world.
Subsequently, Diao Shijing, former director of the Electronic Information Department of the Ministry of Industry and Information Technology and former president of Ziguang Group, was investigated.
There are reports that the big fund is closely related to Ziguang Group and Ziguang Zhanrui.
In June 2020, he invested in Unisplendour Zhanrui, with a subscribed capital contribution of 700 million yuan, accounting for nearly 14% of the investment.
In 2016, the big fund also launched two investments in Hubei Zixin and Changjiang Storage, which involved Ziguang Group.
The scale of the two investments reached 14.14 billion yuan and 13.56 billion yuan respectively, with a shareholding ratio of 49% and 24% respectively, and the total investment scale was close to 30 billion yuan.
It is also worth mentioning that two years ago, some people were "double-opened" for chip corruption.
On May 27, 2020, the Disciplinary Committee of Huaiyin District and the Supervisory Committee of Huaiyin District, Huai'an City, Jiangsu Province notified that Dong Huaichen, the former general manager of Huaiyin District Urban Assets Management Co., Ltd., was violating laws and regulations, and the amount was particularly large. The committee studied and reported to the district committee for approval, and decided to give Dong Huaichen the punishment of expulsion from the party and public office.
In the same year, the Huaiyin District People's Procuratorate's indictment showed that Dong Huaichen was suspected of taking bribes for a total of ten counts, including in the second half of 2017 and the second half of 2018, taking advantage of his position to be Zhao Moujia, the actual controller of Huai'an Two Investment Management Co., Ltd., in the second half of 2017 and 2018. Dehuai Semiconductor provided care in terms of capital increase and fund management fee allocation, and received a total of 200,000 yuan in cash from Zhao Moujia to thank him for his care and ask him to continue his care.
According to the Tianyancha APP, Dong Huaichen was a director of Dehuai Semiconductor.
Frequent reduction
As the most important industrial investment fund in the market, the trend of large funds occupies a vane position in the chip industry.
Wind information shows that the first phase of the big fund was established in September 2014, with a scale of more than 130 billion yuan and a total of 80 investment projects, of which about 70 are chip projects.
According to media reports, since 2019, the first phase of the fund has entered the stage of investment return, and many A-share companies have suffered reductions.
Since the beginning of this year, Sanan Optoelectronics, Anji Technology, Guoke Micro, and China Resources Micro have all suffered from the first phase reduction of large funds.
In addition, while the first phase of the big fund reduced its holdings, the second phase of the big fund established in 2019 moved frequently.
In April 2020, the second phase of the big fund completed its first investment, investing 2.25 billion yuan in UNISOC.
Subsequently, the second phase of the big fund successively invested in more than 10 companies, including China Resources Micro, SMIC and SMIC South (a subsidiary of SMIC) in the manufacturing sector, NTU Optoelectronics in the material sector, and China Micro and Changchun in the equipment sector. Sichuan Technology, Zhichun Technology, North Huachuang, Huatian Technology in the packaging and testing process, Geke Micro in the design process, and Star Semiconductor, a power semiconductor company.
(Sino-Singapore Jingwei APP)
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