Shangfeng Cement Joins Hands with Central Enterprise Fund to Invest in Xinhua Semiconductor's New Material Territory and Continue to Expand

2025-10-10 14:47:49

Shangfeng Cement announced today that its subsidiary Shangfeng Building Materials and China Building Materials (Anhui) New Materials Fund has established Guocai II Enterprise Management Co., Ltd. with Guocai II as its general partner. Shangfeng subsidiary Ningbo Shangrong and China Building Materials (Anhui) New Materials Fund, China Building Materials Joint Investment, China State-owned Enterprises Mixed Reform Fund, Chengtong Kechuang Investment Fund, Hangzhou Yihong Equity Investment, etc. Jointly established Guocai No.3 Limited Partnership for Limited Partners with a total investment of 1.476 billion yuan. It has invested in Jiangsu Xinhua Semiconductor, the largest electronic grade polysilicon manufacturer in the semiconductor industry in China.

Shangfeng Cement announced today that its subsidiary Shangfeng Building Materials and China Building Materials (Anhui) New Materials Fund has established Guocai II Enterprise Management Co., Ltd. with Guocai II as its general partner. Shangfeng subsidiary Ningbo Shangrong and China Building Materials (Anhui) New Materials Fund, China Building Materials Joint Investment, China State-owned Enterprises Mixed Reform Fund, Chengtong Kechuang Investment Fund, Hangzhou Yihong Equity Investment, etc. Jointly established Guocai No.3 Limited Partnership for Limited Partners with a total investment of 1.476 billion yuan . It has invested in Jiangsu Xinhua Semiconductor, the largest electronic grade polysilicon manufacturer in the semiconductor industry in China. This is another new quality project investment by Shangfeng focusing on the semiconductor industry chain, and the 19th semiconductor enterprise invested by Shangfeng after large investment in Changxin Storage, Hefei Jinghe, Shenghe Jingwei, Guangzhou Yuexin and other leading semiconductor enterprises.

Jiangsu Xinhua Semiconductor Technology Co., Ltd. is the only enterprise in China that has achieved large-scale and full-size production of electronic-grade polysilicon, and its customers have covered the domestic 12-inch large-size advanced process integrated circuit industry chain and achieved export; Xinhua Semiconductor has undertaken a number of major national science and technology projects, and is the implementation and leading unit of major national science and technology projects and 2030 major projects. This time, Shangfeng will become the largest shareholder of Xinhua Semiconductor after investing 1.476 billion yuan jointly with China Building Material New Material Fund and the platform established by various institutions, and the National Integrated Circuit Industry Investment Fund will hold about 20.6% of the shares for the second largest shareholder. The five-year strategic plan announced

by Shangfeng in the first half of the year shows that the company steadily accumulates resources by "two-wheel drive" of building materials cornerstone business and equity investment capital business, and strives to cultivate the new material growth business of the second growth curve. At present, the two types of business have achieved remarkable results, and the building materials business continues to maintain a leading position in the industry in terms of competitiveness indicators such as gross profit margin, and has brought sustained and generous returns to shareholders. The investment business has also generated good financial returns while strictly controlling risks and focusing on specialization and depth, with a net gain of 166 million yuan from the listing and reduction of a single project of Hefei Jinghe; According to the proportion of investment quota, more than 60% of the invested projects have been listed or listed, reflecting the relatively accurate and efficient investment efficiency. At present, Changxin Technology and Shenghe Jingwei have completed the acceptance of IPO guidance, Shanghai Super Silicon's application for listing has been accepted, Onruiwei's IPO will be held on October 15, and Guangzhou Yuexin and Xinyaohui are in the process of listing guidance; From the perspective of new quality business cultivation, the upstream and downstream leaders in the semiconductor field complement each other, forming a relatively complete and rich ecological resource base. The semiconductor enterprises invested by Shangfeng in the

past five years are as follows:

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Correlation

Shangfeng Cement announced today that its subsidiary Shangfeng Building Materials and China Building Materials (Anhui) New Materials Fund has established Guocai II Enterprise Management Co., Ltd. with Guocai II as its general partner. Shangfeng subsidiary Ningbo Shangrong and China Building Materials (Anhui) New Materials Fund, China Building Materials Joint Investment, China State-owned Enterprises Mixed Reform Fund, Chengtong Kechuang Investment Fund, Hangzhou Yihong Equity Investment, etc. Jointly established Guocai No.3 Limited Partnership for Limited Partners with a total investment of 1.476 billion yuan. It has invested in Jiangsu Xinhua Semiconductor, the largest electronic grade polysilicon manufacturer in the semiconductor industry in China.

2025-10-10 14:47:49

Statistics on the cumulative growth rate of infrastructure investment from January to August show the growth rate of investment in various regions. On the whole, the growth rate of each region has risen and fallen. The growth rate of national investment is on the rise. Among them, the growth rate of Ningxia has changed significantly, with a significant decline, while the growth rate of Hebei has changed relatively smoothly, with a small decline. Data are missing in some areas such as Shanxi. In addition, the growth rate in Yunnan, Gansu and other places has increased considerably, while the growth rate in Beijing, Liaoning and other places has declined significantly.