Company News

GETECH recently completed a Series B funding round worth hundreds of millions of RMB.

This round of funding was jointly invested by SAIC Group and its subsidiaries Hengxu Capital and Yuecai Fund, with Potential Capital acting as the financial advisor. The funds will be primarily used to increase investment in semiconductor CIM (Computer Integrated Manufacturing) products, strengthen the company's AI and big data technology foundation, expand core competitiveness in equipment intelligence and edge control intelligence, and provide deeply integrated solutions for customers in semiconductor materials, equipment, wafer manufacturing, packaging and testing, as well as new energy lithium batteries, photovoltaics, and other industries.

Since its establishment in 2018, GETECH has been focused on smart manufacturing upgrades in the semiconductor industry. Its semiconductor factory intelligent CIM solutions have been implemented in multiple advanced semiconductor factories, and its 100% self-developed data intelligence products have successfully helped customers achieve production management, quality traceability, and process optimization from silicon wafers, wafer manufacturing, packaging and testing, to finished product assembly, across multiple workshops and factories.

#01

Continuous Investment in Semiconductor CIM Product R&D

Achieving IT and OT Integration

GETECH believes that the smart manufacturing transformation and upgrade of semiconductor factories has entered a deepening stage. Simply providing CIM systems from an IT perspective can no longer meet the higher standards of intelligence and integration required by factories. Semiconductor factories are not short of data, but the value of data intelligence has not been fully exploited. Utilizing data effectively is a core competitive advantage for semiconductor factories to outperform their competitors.

In the future, to achieve full connectivity of factory elements and truly help semiconductor factories realize group control and centralized control capabilities, GETECH will continue to leverage its innovative technological advantages in IoT, AI, and big data to empower underlying equipment on the OT side. By driving the intelligent upgrade of equipment (such as machine vision, logistics handling, etc.) and edge control hardware with software and algorithms, and based on process mechanism models for reverse control, it will help semiconductor factories optimize equipment协同 efficiency, improve production efficiency and yield, and reduce production costs.

#02

From Semiconductors to New Energy

Reasonable Extension of Core Capabilities

In 2021, against the backdrop of the national dual-carbon strategy, GETECH leveraged its advanced smart manufacturing experience in the semiconductor industry to extend into new energy sectors such as lithium batteries and photovoltaics, empowering new energy industry customers for超前 development.

Currently, GETECH has achieved full coverage across the new energy industry chain, with customers involved in multiple segments including lithium battery materials, cells, lithium battery PACK, and photovoltaic power stations. It can provide new energy smart factory CIM solutions encompassing entire plant planning, production manufacturing, quality inspection, warehousing and logistics, helping customers shorten the产能爬坡期 through digital and intelligent means during the capacity expansion phase, quickly improve product quality, and reduce manufacturing costs.

GETECH CEO He Jun stated:

“Thank you to SAIC Group, Hengxu Capital, and Yuecai Fund for their recognition of GETECH. We share a high degree of consensus with investors on strategic goals. In the future, we will continuously deepen strategic cooperation and jointly strive to develop top-tier domestic industrial software and solutions for the semiconductor and new energy sectors. We will continue to attract world-class talent to join Gechuang and together create the best CIM and smart manufacturing products for the semiconductor and new energy industries, truly creating value for customers, shareholders, and society.”

#03

Investor Messages

Lu Yongtao, Head of SAIC Hengxu Capital, stated:

“Based on TCL’s overall experience in advanced manufacturing in areas such as large-size panels and semiconductor silicon wafers, GETECH has developed systematic integrated hardware and software products and built a rare, well-structured large-scale team in the industry. Currently, it has achieved a series of remarkable success cases in semiconductor wafer manufacturing and new energy photovoltaics. We look forward to GETECH and Hengxu Capital working together to explore the unmanned and intelligent enhancement and transformation of automotive parts and new energy battery factory production lines in the era of structural changes in the automotive industry, opening a new chapter for the deep cooperation between SAIC Group and TCL.”

Lin Qi, Head of Yuecai Fund, stated:

“In recent years, the country has vigorously developed the industrial internet and promoted the digital transformation of manufacturing. Guangdong, focusing on industrial cluster development characteristics, has concentrated on digital transformation work for industrial clusters. Yuecai Fund actively responds to national and provincial policy calls, has long tracked the industrial software and industrial internet industry, and during the opportunity and集中发力期 of industrial transformation and upgrade, actively seeks excellent companies with space for domestic substitution and market-driven growth. As a national-level cross-industry platform and a leading industrial internet company in the province, with a background in high-end manufacturing and复合 R&D capabilities in PaaS and SaaS, GETECH is expected to achieve the goal of 'helping Chinese manufacturing lead globally.'同时, as a strategic incubation platform of TCL, GETECH continuously accumulates know-how, industrial mechanism models, and rich project experience in the泛 semiconductor and new energy fields to better address the actual needs of mid-to-high-end manufacturing enterprises and support the development goals of policies such as industrial clusters in Guangdong Province.”

Introduction to Investment Institutions:

SAIC Capital, established in June 2016 with a registered capital of 10.05 billion RMB, is a wholly-owned subsidiary of SAIC Motor Corporation Limited (600104.SH). As SAIC Group's industrial financial investment platform and financial business management platform, SAIC Capital continuously deepens the industry-finance integration strategy, focuses on the industry chain,布局 new tracks, promotes synergistic empowerment and value realization, and is committed to win-win creation with partners, contributing to the group's innovative transformation and development. By the end of June 2022, the management scale of industrial financial investment business exceeded 60 billion RMB.

 

Hengxu Capital (CIFA Registration No.: P1070270) was established in 2019. As a private equity investment institution under SAIC Group's financial platform SAIC Capital, leveraging SAIC Group's overall industrial advantages and SAIC Capital's efficient synergistic empowerment, it布局 green travel, travel ecology, and health ecology strategic emerging industries, bringing sustained and stable returns to investors and contributing to the development of SAIC Group's innovative industry chain and the improvement of the travel ecosystem.

Guangdong Yuecai Fund Management Co., Ltd. is the manager of the Guangdong Industrial Development Fund and the Guangdong Semiconductor and Integrated Circuit Industry Investment Fund, with a management scale exceeding 80 billion RMB and nearly 300 cumulative investment projects. Investment focuses on four industrial areas: semiconductors/integrated circuits, smart manufacturing, digital economy, and new energy. The investment strategy坚持专业化投研, industrial chain investment, and regional深耕. It has won numerous awards, including Top 13 Most Promising Global Fund of Funds by the Global Association of Alternative Investment, Top 20 Chinese Government Guidance Funds by Zero2IPO, Top 10 Best Chinese Government Guidance Funds for Private Equity Investment by投中, Top 10 Best Government Guidance Funds by融中, and Top 30 Chinese Government Guidance Funds by金投奖.