Core Insights - The second Bay Area Semiconductor Investment and Financing Strategic Development Forum was held on October 16, featuring the unveiling of the Shenzhen Semiconductor and Integrated Circuit Industry Investment Fund (referred to as "Simi Fund") with an initial scale of 5 billion yuan [1][3] Group 1: Fund Focus and Objectives - The Simi Fund will primarily invest in areas such as general and specialized computing power, new architecture storage, optoelectronics, sensors, key manufacturing equipment, components, materials, and advanced packaging and testing [3] - The fund is part of Shenzhen's "20+8" industrial fund initiative and aims to act as a catalyst for innovation and the development of a more comprehensive industrial system in the semiconductor and integrated circuit sector [3] Group 2: Management and Strategy - The fund is managed by wholly-owned subsidiaries of Shenzhen Capital Group and Shenzhen Investment Group, with a fund duration of 10 years, focusing on early-stage and growth-stage investments [3] - The Deputy General Manager of Shenzhen Capital Group emphasized the fund's role in building a comprehensive and strategic emerging industry development framework in Shenzhen, promoting long-term value investment, and integrating a vast enterprise ecosystem to foster technological and industrial innovation [3]

Core Insights - Shenzhen's semiconductor and integrated circuit fund, with an initial scale of 5 billion RMB, aims to support key areas in the semiconductor industry [1][2] Investment Focus - The fund will primarily invest in three areas: 1. Semiconductor equipment and components, assisting leading companies in acquiring key equipment and integrating high-potential firms [1] 2. Chip design, focusing on AI chips and new computing architectures, while fostering international competitiveness in EDA and core IP companies [1] 3. Advanced packaging, supporting leading firms in the packaging sector to grow and develop early-stage teams capable of overcoming overseas patent barriers [1] Fund Structure and Contributions - The fund has a current contribution of 3.6 billion RMB, with major contributions from state-owned entities, including 2.5 billion RMB from Shenzhen's guiding fund, accounting for 69.44% [2] - Shenzhen's integrated circuit industry is a significant hub, with a projected industry scale of 142.4 billion RMB by mid-2025, reflecting a year-on-year growth of 16.9% [2] Government Support - The Shenzhen government is committed to increasing financial support for the semiconductor and integrated circuit industry, establishing a 5 billion RMB investment fund to target critical areas and weaknesses in the supply chain [2]

Core Viewpoint - The Shenzhen Semiconductor and Integrated Circuit Industry Investment Fund (Sami Industry Fund) was officially launched at the 2025 "Bay Chip Exhibition" during the semiconductor investment and financing strategic development forum, with an initial scale of 5 billion yuan [1] Group 1 - The fund will focus on investments in general and specialized computing power, new architecture storage, optoelectronics, sensors, and key manufacturing equipment, components, materials, and advanced packaging and testing [1]

Group 1 - The Shenzhen Semiconductor and Integrated Circuit Industry Investment Fund has been officially established with a total scale of 5 billion yuan [1] - The fund is managed by Shenzhen Capital Group and co-managed by Shenzhen Investment Group as general partners [1] - The primary focus of the fund is to invest in key projects and leading companies in the semiconductor and integrated circuit sectors, as well as projects that significantly enhance the local semiconductor industry chain [1]