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Have giant to march private equity circle again! Huawei formally set up the Hubble investment, directly refers to the chip "stuck neck" technology

via:钛媒体     time:2022/1/20 17:01:18     readed:192

Recently, Huawei has made another big move! Its Hubble investment formally entered private placement, has won 5 IPOS.

According to information disclosed by The Asset Industry Association of China (AMAC), On January 14, Huber Technology Venture Capital Co., LTD. (hereinafter referred to as "Huber Investment"), a subsidiary of Huawei, completed registration and filing with the ASSOCIATION. The filing type is private equity and venture capital fund manager.

The company was founded on April 23, 2019, with the latest registered capital of up to 3 billion YUAN. Its registration and office are in Futian District, Shenzhen City.

The completion of the private fund manager record, means that Huawei's Hubble investment formally entered the private fund industry. After Huber steps into the private equity field, Huawei will no longer be limited by its own capital investment and will have more weapons to use. In the future, it will set up private equity fund products to raise funds from individuals and institutional qualified investors for equity venture investment.

According to the Southern Metropolis Daily report, a venture capital industry said to reporters, Huawei Hubble is estimated to be a war investment platform, many large Internet enterprises have done a war investment platform. Expand its own strength through strategic investment and alliance with upstream and downstream businesses or new business strength or merger and acquisition.

It is a direct reference to the "bottleneck" technology in the chip field

In fact, when Huawei set up Hubble Investment, it caused a sensation in the market.

Kaixinbao information shows that Huber Technology Venture Capital Co., Ltd. is wholly owned by Huawei Investment Holdings Co., LTD. The shareholding structure shows that the actual controller and major shareholder is the Labor Union Committee of Huawei Investment Holding Co., LTD., accounting for 99.25% of the shares, and Huawei founder Ren Zhengfei holds 0.75% of the shares.

In recent years, the financial strength of the company has been continuously enhanced. The registered capital increased from the initial 700 million yuan to 1.7 billion yuan in January 2020, 2.7 billion yuan in October 2020, and further increased to 3 billion yuan in May 2021.

According to public information,The objective of Hubble's investment has always been clear, that is, it focuses on the "stuck neck" technology in the chip field, mainly carries out the investment layout of integrated circuit and semiconductor industry chain, and promotes the development of semiconductor industry.Up to now, Hubble Capital has 73 investment events and has effective control of 61 enterprises, according to data from The Tianyan APP.

From the perspective of the senior management team, Bai Yi is the legal representative, chairman and general manager of Hubble Investment.

Bai Yi has been working in Huawei Technologies Co., Ltd. since August 1997, serving successively as an employee of R&D Department, director of Research Institute Cooperation Department and Deputy Director of Enterprise Development Department. Since August 2007, he has worked in huawei enterprise Development Department, Fund Management Department, Financial Risk Control Center and other departments as president and vice president. In April 2019, Bai Yi took office as CEO of Hubble Investment.

Kong Yan, also an old employee of Huawei, joined Huawei Technologies Co., Ltd. in February 2006 as project finance of regional Financial management Department. She became a financial expert of Huawei Operation Management Department in July 2012 and became a director of Huber Investment in April 2019.

In addition, The directors of Hubble investment also include Zhou Yongjie, chairman of Haisi Semiconductor, Ying Weimin, former president of Huawei wireless network research and development, and Li Jie, chairman of Huawei's board of supervisors.

According to Caijing.com, since its establishment, Huber investment has invested in Suzhou Yutai Chetong Electronic Technology Co., LTD., Qinghong Electronics, Changzhou Fuene, Suzhou East Micro Semiconductor Co., LTD., Hangzhou New Consensus, Anrui Microelectronics, Tianfu Energy (600509), Sirepu and so on.

It is notable that "silicon carbide first shares" Tianyue Advanced landed on The Science and technology Innovation Board on January 12, the market value of more than 38 billion.Up to now, Hubble Investment has won 5 ipos, 110 million yuan investment tianyue Advanced profit more than 20 times.

Many traditional enterprises have entered private placement

Since last year, there have been many traditional entrepreneurs have begun to enter the private equity industry.

On December 13, 2021, Xiaomi Private Equity Fund Management Co., LTD., 100% controlled by Xiaomi Technology Co., LTD., with Lei Jun as the actual controller, completed registration and filing with AmAC.

On November 29, 2021, Hainan Tianbo Industry Private Equity Fund Management Co., LTD., jointly held by Liu Qiangdong, Zhang Zetian and Li Ruiyu, was formally established.

Guanzi Private Equity Management (Hangzhou) Co., LTD., which is 100% owned by Yang Sheng Tang And effectively controlled by Zhong Shanshan, registered with AmAC on Sept 16, 2021.

On July 9, 2021, Zhejiang Wahaha Venture Capital Co., Ltd. completed the filing with the Asset Industry Association of China. The largest shareholder holding 90% of the company is Hangzhou Wahaha Hongzhen Investment Co., LTD., which is 100% controlled by Zong Qinghou.

However, up to now, only guanzi private equity fund management (Hangzhou) Co., Ltd. in the above enterprises recorded a product "Guanzi equity investment (Lishui) partnership (limited partnership)".

On September 23, 2020, at huawei Fully Connected Conference 2020,Huawei chairman Guo Ping has talked about Huawei Hubble. He said Huawei's core business is focused on connectivity and computing, but under US sanctions, Hubble Investment was specifically set up to help the entire industry chain through investment and Huawei's technology.

"Huawei has strong chip design capabilities, and we are willing to help trusted supply chains enhance their chip manufacturing, equipment and materials capabilities. Helping them is also helping us," Guo said.

Positioned on the layout of industrial investment and ecological chain, Huawei Huber can be said to be a special product in response to the suppression crisis of the United States. The companies it invests in cover a number of fields such as third-generation semiconductors, wafer-level optical chips, power management chips, clock chips, and radio frequency filters, all of which are areas where Huawei relies more on the US industrial chain.

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