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China Integrated Circuit Industry Investment Fund

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China's national semiconductor industry investment fund.

Last updated November 4, 2026

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Nov 4, 2026
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Nov 4, 2026

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Overview

The China Integrated Circuit Industry Investment Fund (also known as the Big Fund) was established in 2014 to support the development of China's integrated circuit industry, promoting the improvement and upgrading of the semiconductor industry chain through equity investment and other means.

Products and positioning

National strategic-level semiconductor industry investment platform

Product categories. Equity investment · Industry investment

Controversies

  • 2022

    Corruption cluster case at the Big Fund

    In July 2022, Big Fund general manager Ding Wenwu was placed under review and investigation; previously, former Huaxin Investment president Lu Jun was investigated, later expelled from the Communist Party, and accused of accepting bribes of about 750 million yuan; multiple related personnel were brought down, shaking the chip industry. Judicial proceedings are ongoing.

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