Recently, Guotou Jixin (Beijing) Equity Investment Fund (Limited Partnership) (“Guotou Jixin”), an investment vehicle under the Phase III China Integrated Circuit Industry Investment Fund Co., Ltd. (the “Big Fund Phase III”), has taken an equity stake in IC substrate maker AKM Meadville (Xia...

Recently, Chinese business registration information shows that Nantong Crystal Co., Ltd. (“Nantong Crystal”) has undergone a shareholder change. SDIC Jixin—a fund under China Integrated Circuit Industry Investment Fund Phase III (Big Fund Phase III)—has been added as a new shareholder. Meanw...

One key aspect of China’s semiconductor sector is its massive investment drive. In 2025, TrendForce notes, national strategic priorities have focused on overcoming bottlenecks in advanced manufacturing processes and meeting the demands of high-volume production (HVM). According to industry sour...

On September 12, Piotech announced a series of filings disclosing that its majority-owned subsidiary, Piotech Jianke, plans to raise up to CNY 1.0395 billion at a pre-investment valuation of RMB 2.5 billion. Among the investors, Guotou Jixin (Beijing) Equity Investment Fund (Limited Partnership) —...

Recently, China’s National Integrated Circuit Industry Investment Fund Phase II (referred to as the "“Big Fund” Phase II") has made frequent investment, successively acquiring stakes in the wafer manufacturing company Chongqing Xinlian Microelectronics Co., Ltd. (referred to as "XLMEC") and th...