Recently, Daohe Tuo Jingxin Chain Fund was announced in Lingang New Area. The fund is backed by Shanghai Daohe Long-term Investment and semiconductor special equipment manufacturer Tuojing Technology (688072. SH).

According to the surging news reporter, Daohe Tuojing Core Chain Fund will focus on equity investment in the field of semiconductor equipment and parts, give full play to the leading role of Tuojing Technology in the industrial chain and the advantages of Daohe's long-term investment in the integration of production and finance, closely focus on the upstream links of the semiconductor industry chain, and strive to solve the dilemma of China's semiconductor bottleneck, expand and strengthen China's domestic semiconductor equipment and parts industry, and promote the agglomeration and development of the semiconductor parts industry in the Lingang New Area.

According to the filing information of the AMAC, Daohe Long-term Investment was founded by Yang Dehong, the former chairman of Guotai Junan, after "running smuggling", was established on April 2, 2020, and was registered with the AMAC on July 13, 2020.

Founded in April 2010 and headquartered in Hunnan District, Shenyang City, Tuojing Technology is a national high-tech enterprise, focusing on the research and development and production of semiconductor thin film deposition equipment, which together with lithography and etching machines constitute the three main equipment of chip manufacturing.

Previously, in December 2020, Tuojing Technology established a Shanghai subsidiary, and invested in the construction of a semiconductor advanced process equipment R&D and industrialization base in Lingang Park, Minhang Development Zone, covering an area of about 100,000 square meters, for the development of advanced ALD thin film process technology and high-capacity equipment platform, and to realize the industrialization of semiconductor equipment required by Lingang as the central customer group.

According to reports, at the event, the real estate Min Hong reached a strategic cooperation with Tuojing Technology and Daohe Long-term Investment, based on the industrial chain of Tuojing Technology, the capital chain of Daohe long-term investment, and the service chain of real estate Minhong, and played the role of the bridge of Daohe Tuojing Core Chain Fund, focusing on the key areas and key links of the integrated circuit industry to continuously supplement the chain, consolidate the chain and strengthen the chain, and support the development of key components enterprises supporting the localization of Tuojing Technology.

It is worth noting that in the "4+2+2" frontier industrial system that the Lingang New Area strives to build, the integrated circuit industry is definitely the core component. Up to now, integrated circuits have become the leading industry with the largest investment scale, the highest industrial agglomeration and the fastest growth in output value in the Lingang New Area.

As the core bearing area of the integrated circuit industry in the Lingang New Area, the Lingang Park of Minhang Development Zone focuses on building a professional service system for the integrated circuit industry, gathering nearly 20 leading integrated circuit enterprises such as Changdian Technology, China Micro Semiconductor, Tuojing Technology, Shandong Tianyue, and Xinyuan Micro to solve the technical problems of stuck neck in China's chip field, attracting a total investment of more than 30 billion yuan.