National integrated circuit industry investment fund (known as "funds") on March 24, is revealed to the world investment report for the first time. "Big fund", said general manager Ding Wenwu from set up until the end of December 2015, "big fund" 28 projects, since the decision to implement, with the total investment commitments investment about 42.6 billion yuan, the actual investment of about 26.2 billion yuan.

"Big fund was established in 2014," directed by ministry of industry, to the end of last year, more than 130 billion yuan has raised its founding purpose is to support local chip industry, in order to reduce dependence on foreign manufacturers. In 2015, the "big fund" to the purple light group invested 10 billion yuan raised concern. However, although because of its many huge investments and an exposure, but the big fund to the outside world has kept a low profile, relatively mystery.

The ccid consulting at the 2016 annual meeting, said China's semiconductor market Ding Wenwu revealed to the world big investment fund since its inception. "Big fund", he said, mainly for direct investment, the investment in integrated circuit enterprises, appropriate do indirect investment, namely, taking a stake in the local government, industry leading enterprises set up by the fund.

It is worth noting that Ding Wenwu also revealed to the world "funds" investment orientation and style. For this one with official background of fund, he stressed that "big fund" is not the government's subsidies, financing or earnings, but predominantly equity investment funds. However, he also pointed out that the big funds investment is the main direction of the industry leading enterprises, don't do venture capital and angel investment, big shareholders generally do not do.