Recently, Shanghai Silicate Technology Co., Ltd. (” Silicate “), a leading sensor platform, completed a new round of financing. Pacific Century Capital invested hundreds of millions of yuan in the layout, adding another piece to the hard technology layout chessboard.
Qian Mingfei, chairman of PCCW Capital, said that in the era of the Internet of Everything, MEMS sensors will continue to grow at a high speed, and China is becoming the fastest growing region in the global MEMS market. As one of the largest MEMS sensor enterprises in China, Silex Technology has become increasingly prominent in the core position of “stealth champion” in the industrial chain.
As a MEMS smart sensor platform company, QST Corporation, based on Shanghai Institute of Microsystem and Information Technology of Chinese Academy of Sciences, has been focusing on providing intelligent application solutions and services for users through a wide range of MEMS smart sensors since its establishment in 2012, in order to continuously improve human’s ability to perceive the world.
Sirui Technology has undertaken many national, provincial and municipal science and technology projects, and has applied for more than 83 patents. It is one of the few domestic providers that can provide integrated sensing solutions. The company has built an industry-leading composite product line, including magnetic sensors, accelerometers, pressure sensors, performance inertial GNSS modules, 6-axis IMU, smart sensors, optical sensors, magnetic switches, encoders and sensor modules. With a total sales volume of over 100 million chips, SIR has become one of the largest MEMS sensor companies in China, the leading motion sensor supplier, the third largest wheel speed sensor supplier and one of the top five MEMS companies in China.
Qian Mingfei said that the importance of chip independence is self-evident, help domestic chip high-end, promote the development of domestic chip industry chain is our strategic layout. In the future, Yingke Capital will continue to practice its industrial positioning as an important strategic investor for core technology enterprises, adhere to the “platform thinking” and “entry thinking”, provide all-round enabling support for the invested enterprises, explore and assist the implementation of core technologies, and incubate a group of core technology enterprises oriented to the 2030 industrial blueprint.
The expansion of PCG’s hard technology territory accelerated
This year’s Government Work Report puts it this way: “We will continue to keep innovation at the core of China’s overall modernization drive, and make self-reliance and self-improvement in science and technology the strategic support for China’s development. As an industrial capital focusing on core technology layout, Pacific Century Capital adheres to the mission of “Discovering the Power of Economic Progress”, and attaches great importance to deep investment in core technology fields from the strategic height of self-reliance and self-improvement in serving science and technology.
The “China Core Assets Strategic Allocation Fund” with a total of 10 billion yuan was set up in August last year and directed by Chairman Qian Mingfei himself. It focuses on the layout of core assets in the field of hard technology and biological medicine to help the development of core industries. Relying on the PCCW reserves of resources advantage, capital in the industrial ecological spheres of founded just half a year, the fund has been layout domestic leading enterprise chong xin laser, laser China polymer composites industry leader Ming – new materials, domestic wi-fi chip leader silicon chang communication, smart car number one powerful horse car, power management integrated circuit simulation best core dragon technology, special integrated circuit chip and module encapsulation foundry service manufacturer in shaoxing, leading power electronic semiconductor companies merrill, and many other core technology pioneer enterprise.
With the efficient promotion of the project layout of the “Pacific Century Capital China Core Asset Strategic Allocation Fund Phase I”, the “Pacific Century Capital China Core Asset Strategic Allocation Fund Phase II” has been launched. In Qian Mingfei’s opinion, China has a batch of high-quality industrial resources, is the core element of asset allocation, China’s core assets will become the commanding heights of global capital allocation. He said that Pacific Century Capital will continue to focus on core assets in areas such as biomedicine and hard technology. By allocating high-quality core assets, it will serve the national industrial strategy and continue to fulfill its industrial capital responsibilities and missions.
As an industry ranked 12 head integrated asset management institution, PCCW capital asset management scale of nearly 50 billion, entrusted management, more than 90% of the funds from the large institutions, focus on core assets such as biological medicine, science and technology, layout, pay attention to the whole industry chain layout, accumulative total investment more than 200 industry leading enterprises, is committed to become the industry leader important strategic investors. In 2020, it recorded 15 IPOs, forming an ecological closed loop of bio-medicine and hard science and technology, and is known as an entry-level platform investment institution for equity investment. (CIS)