In 2016, Xiamen formulated the Outline of the Development Plan for Integrated Circuit Industry. It is planned that the output value of the IC industry should reach 150 billion yuan by 2025. With the project landing and industrial layout of MediaTek, Lianxin, Sanan, Ziguang, Tongfu Microelectronics, Shilanwei, etc., the IC industry in Xiamen has formed a complete industrial chain covering IC design, manufacturing, packaging and testing, equipment and materials, as well as upstream and downstream supporting applications, and initially formed industrial agglomeration. In 2017, the output value of Xiamen IC industry reached nearly 15 billion yuan, of which the output value of enterprises above designated size ranked the top six in China, and the growth rate of output value of design industry ranked fourth in China.
Honesta Capital continues to focus on the semiconductor industry, the core team has a deep understanding and judgment with years of industry background. The company uses its own advantages to invest, introduce outstanding domestic and foreign enterprises, integrate industry resources, and help enterprises to quickly assimilate in the area. The company has a number of high-quality project reserves, the investment team discussed cooperation possibilities with Good First Financial in the semiconductor industry. Next, they will each facilitate their respective advantages, carry out project screening and landing, and provide local resources for the landing.
Xiamen Good First Financial Holdings Co., Ltd. (referred to as “Good First Financial”) is affiliated to Good First Group. The company has equity investment and provides investment management consulting services as its core business. They have solid experiences in the field of investment, financing and management.
Founded in 1993 in Xiamen, Fujian, Good First Group is a well-known comprehensive enterprise group in China. It has won many honorary titles: AAA credit rating of the People's Bank of China, “Contract-honoring and Promise-keeping Enterprise” by the State Administration for Industry and Commerce, “Famous Trademark of Fujian Province”, ect. Good First Group is one of the major shareholders of China Minsheng Bank and has countinuously been a member in the board of trustees. It is the core shareholder and a member in the board of trustess of Hangzhou United Bank. Currently, the Group's financial sector includes strategic investment projects in the banking and insurance industries, as well as PE equity investment and management, VC, convertible bond, securities market, etc. The semiconductor industry is one of the key directions of PE equity investment and management of Good First Financial.
Investment team's photo with Good First Group