Since yesterday, the National Integrated Circuit Industry Fund (big fund) plans to reduce its holdings in San'an Optoelectronics, after the pre-market announcement on September 2, the big fund started again, intending to reduce its holdings in semiconductor enterprises Jacques Technology and Wanye Enterprises. According to the announcement, the big fund intends to reduce its holdings of the company by no more than 1% and 2.1% respectively.

According to the market price of 81.91 yuan per share and 23.69 yuan per share for Jacques Technology and Wanye enterprises at the close of trading yesterday, if the big fund implements the reduction plan, the reduction amount will be 380 million yuan and 480 million yuan respectively, totaling more than 850 million yuan.

According to statistics, so far this year, large funds have planned to reduce their holdings of 13 listed companies. At present, the big fund has completed the plan to reduce the holdings of Zhaoyi Innovation and Jingfang Technology, and partially completed the reduction of Anji Technology, Changchuan Technology, Changdian Technology, Tongfu Micro Power, Guoke Micro, Taiji Industry and Ruixin Micro, with a total reduction of 4.474 billion yuan.

　　There is nothing wrong with the reduction of holdings, and the company's performance is still good.

According to the previous semi-annual reports released by major companies, the results of all the above 13 companies achieved positive growth in the first half of the year, with Changchuan Technology, Changdian Technology, Tonfu Micro Power and other performance growth more than tripling. It is worth mentioning that a number of companies have achieved breakthroughs in their main business and improved their profitability.

In fact, the reduction of this round of large funds is not pessimistic news. At the beginning of its establishment, the big fund was to help and promote the development of technology companies. After the withdrawal of large funds, they can invest in other technology companies that are more in need of help.

A few days ago, San'an Optoelectronics, which was reduced by large funds, also said in the announcement that the reason for the reduction of large funds is: "to achieve good returns for shareholders." And Wanye Enterprise, Jacques Technology announced that it is the needs of its own operation and management.

Therefore, for this round of large fund reduction behavior, the relevant practitioners said that as an investment behavior, the reduction of large fund holdings is understandable, and will not affect the fundamentals of the relevant listed companies. These companies are the leading companies in the semiconductor segment with excellent performance and long-term investment value.

However, some people in the semiconductor industry said frankly that "the second phase of more than 200 billion large funds should make it clear that part of the amount should be earmarked for early investment, especially angel investment." As an "industrial weather vane", this is not only the natural mission of large funds, but also the practical needs of industrial development.