1. The third phase of the National Integrated Circuit Big Fund was officially established with a registered capital of 344 billion yuan. According to Fast Technology, the Qichacha APP shows that the National Integrated Circuit Industry Investment Fund Phase III Co., Ltd. was established recently with a registered capital of 344 billion yuan. Equity penetration shows that the company is jointly held by 19 shareholders, with the Ministry of Finance holding the highest proportion of 17.4419%, followed by China Development Bank Financial Holding Co., Ltd. with 10.4651% and Shanghai Guosheng with 8.7209%. There are also many national banks among other major shareholders. Some analysts believe that the specific investment direction and goal of the third phase of the Big Fund is to accelerate the development of domestic semiconductors, and may focus on the key "neck" links and technological progress of the semiconductor industry chain to promote the overall development of the domestic integrated circuit industry. In total, the total scale of the Big Fund has reached 686.85 billion yuan. 

2. Toshiba's new 300mm wafer power semiconductor manufacturing plant is completed. According to the news released on the official website of Toshiba Semiconductor and Storage Company on the 23rd, a ceremony was held at Kaga Toshiba Electronics Corporation in Ishikawa Prefecture, Japan on the same day to celebrate the completion of the new 300 mm power semiconductor wafer manufacturing plant and office building.Toshiba will now install the equipment and strive for mass production in the second half of fiscal 2024. Once the first phase of the project is fully operational, Toshiba's power semiconductor (mainly MOSFET and IGBT) production capacity will be 2.5 times that when the investment plan was formulated in fiscal 2021. The decision on the second phase of construction and the start of operations will reflect market trends. With the continued electrification of automobiles and the automation of industrial machinery, demand will continue to grow strongly. Toshiba started power semiconductor production on a new 300mm production line at the existing Toshiba Electronics plant in Kaga in the second half of fiscal 2022. Looking ahead, the company will expand production capacity through the new plant and further contribute to carbon neutrality.