The market value of Cambricon has surpassed 500 billion, igniting enthusiasm in the semiconductor chip market.
At the same time, on the policy front, the National Big Fund’s third phase will invest 160 billion yuan into key areas of chips, coupled with the continuation of tax incentives for integrated circuit companies, injecting strong momentum into the entire industry.
Memory chips have taken the lead in the market, with DDR4 prices rising for four consecutive months, reaching a month-on-month increase of 50% in July, marking a new high since October 2021.
Automotive chips are benefiting from the increased penetration of new energy vehicles and the wave of domestic substitution, with demand for automotive-grade MCUs in intelligent driving scenarios continuing to rise.
Driven by the dual forces of “policy cost reduction + application expansion,” the tax incentives have lowered R&D costs, while the upgrade of automotive electronic functions has created huge market demand, from cockpit intelligence to new energy management, with domestic MCUs accelerating the realization of import substitution.
Next, let’s summarize the six companies in the A-share market that have been heavily bought by the social security fund in the fields of MCU chips, automotive chips, and memory chips for further research and reference.
First: Gigadevice
The social security fund holds 1.12% of the shares. It is the world’s third-largest NOR Flash supplier, and the synergy between automotive-grade storage and MCUs forms a “storage-compute integration” effect, with a yield rate of 99.99% for automotive-grade products. Its 40nm automotive-grade MCU has passed AEC-Q100 certification and successfully entered the supply chains of BYD and NIO, while also receiving 1.6 billion yuan in funding support from the National Big Fund’s third phase for automotive chip R&D.
Second: Beijing Junzheng
The social security fund holds 0.91% of the shares. It has over 60% market share in the domestic SRAM market, and its automotive-grade SRAM and in-vehicle infotainment chips have passed ISO 26262 functional safety certification, achieving a global market share of 15%. Beijing Junzheng has collaborated with Qualcomm to develop a 5G+C-V2X intelligent cockpit platform and jointly launched a “storage+CIS” automotive chip combination solution with Will Semiconductor.
Third: Zhongying Electronics
The social security fund holds 0.78% of the shares. It ranks first in the domestic home appliance MCU market (35% market share), and its automotive-grade MCUs are 30% cheaper than Infineon, successfully entering the supply chains of GAC and Geely. The 28nm automotive-grade MCU has completed tape-out, supporting intelligent driving scenarios, and has collaborated with CATL to develop battery management chips, with an expected power battery installation volume exceeding 10GWh in the first quarter of 2025.
Fourth: Unisoc
The social security fund holds 0.63% of the shares. Its automotive-grade safety chips have passed ISO 26262 ASIL-D certification, supporting the intelligent cockpit systems of NIO and Li Auto. The special MCU technology has been migrated to the automotive field, achieving a yield rate of 99.98%. Its subsidiary, Unisoc Tongxin, has released the first domestic automotive-grade MCU with an R52+ core that has passed ASIL D certification, with technical indicators matching those of international giants.
Fifth: Montage Technology
The social security fund holds 0.55% of the shares. It has over 40% market share in the global memory interface chip market, with gross margins exceeding 70% for DDR5-related products. Montage Technology has entered the automotive DDR5 module market through its subsidiary, supporting Huawei’s MDC intelligent driving computing platform, and has signed exclusive supply agreements with Samsung and SK Hynix, with its automotive-grade memory interface chips holding over 50% market share.
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The social security fund holds 0.49% of the shares. Its automotive-grade ADC (Analog-to-Digital Converter) has passed AEC-Q100 certification, achieving a conversion accuracy of 16 bits, with performance indicators leading in the domestic market, supporting the battery management systems of BYD and Xpeng.
Its EEPROM is used for in-vehicle sensor data storage, with expected shipments exceeding 80 million units in the second quarter of 2025, and has signed a long-term foundry agreement with SMIC to ensure production capacity.
*****【Company Name】Click to unlock!
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