This year, Wuhan Hong Xin was removed from the key project in Hubei, but it was still included in the key project in Wuhan. On July 29th of the same year, the People's Government of Dongxihu District of Wuhan officially released the report "Analysis of Economic Operation in the Investment and Construction Field in Dongxihu District in the First Half of the Year", which clearly pointed out that there was a big funding gap in Hongxin's new project, and there was a risk that the new project would be stagnant due to the lack of funds at any time and anywhere. Before the publication of this report, Jiang Shangyi, CEO of Wuhan Hongxin New Project, had the idea of resigning. In 1 1 month this year, Jiang Shangyi published a letter from a criminal defense lawyer, saying that he had resigned as an executive director, manager and CEO of Wuhan Hong Xin in June, and Hong Xin had accepted his resignation letter.
In recent years, with the support of policies issued by the central and local governments, the wind of core-building has been blowing all over the country. This year, with the increasing pressure of Sino-US trade war in the semiconductor industry, the demand for integrated ic is in short supply, and the voice of core-making and domestic production is also wave after wave. Especially under this wave of core-building, China manufacturers such as Hisilicon Chip, SMIC, Changjiang Storage and CAMBRIAN rose rapidly, but it also led companies to defraud state subsidies and obtain equity financing in the name of manufacturing integrated circuits. Finally, due to the shortage of funds, it is a common phenomenon that new projects of tens of billions of semiconductor materials are unfinished. It is reported that in just over a year, six tens of billions of semiconductor material innovation projects in five provinces including Jiangsu Province, Sichuan Province, Hubei Province, Guizhou Province and Shaanxi Province were stopped in turn.
Meng Wei said that the National Development and Reform Commission (NDRC) should do a good job in four aspects in the next step: first, improve the service items and specific guidance for the capital construction of key integrated circuit chip projects, and do a good job in overall planning and rational layout; Second, accelerate the implementation of a number of existing policies to promote the high-quality development of integrated circuit chip industry chain and service outsourcing industry under the new situation, and quickly introduce policy measures; The third is to create an efficient work plan of early sorting, early detection, early feedback and early emergency disposal, so as to reduce the operation risk of key projects of integrated circuit chips; Fourth, according to the criteria of who applies and who bears, those who cause huge losses or major risks shall be investigated for responsibility. Looking forward to the unfinished building in Hong Xin, Wuhan, it will not only sound the alarm for many investors and local governments, but also put an end to the unfinished building of China Semiconductor New Materials Project.