Refinancing giant Zhaoyi innovation this 4.3 billion fixed increase landing! Shareholders lineup is very strong!
This time Zhaoyi innovation announced the results of the fixed-price increase, the total amount of funds raised amounted to 4.324 billion yuan. Among them, Singapore Investment Company Limited (GIC) was allocated 1.994 billion yuan, after the completion of the registration will become the ninth largest shareholder, the shareholding ratio of 2.17%; Ge Weidong was allocated 7,360,900 shares, was allocated 1.5 billion yuan, the shareholding ratio will be raised to 4.48%, becoming the fifth largest shareholder. Then we now look at the distribution of the current top ten shareholders, Zhaoyi Innovation's 4.3 billion yuan of fixed income, Singapore Investments Ltd. was allotted 2 billion, becoming the ninth largest shareholder; Ge Weidong was allotted an amount of 1.5 billion (before it was the sixth largest circulating shareholder), becoming the fifth largest shareholder! And the National Integrated Circuit Fund is the second shareholder, which was acquired in 17 years, so from the large fund in the position of the second largest shareholder, the state for the Zhaoyi innovation of this kind of technological enterprises to support, how can the other funds do not move it? Ge Weidong was once a futures magnate, and later turned to A shares. Data statistics, the market value of his position up to 11.3 billion, the overall surplus of more than 6 billion, now UFIDA, Zhaoyi innovation, KUDA Xunfei, etc., Wanhua Chemical also smashed a few billion, are very patient to take, but also to get a good return, can be called a model of value investment! This also makes me think of Yao Zhenhua, we all say he is a maniac, but I do not know that he made a lot of money in the A-share, in fact, this is the pattern ah! Recently, a number of demonic stocks pulling high reduction, are playing a set; in fact, more to a point, the big brother fixed increase into the market, why worry about the disk does not go up, you say it! This fixed price is 203.78 yuan, than yesterday's closing price of 205.66 yuan, a discount of only 1%, it seems that these institutions are full of confidence! As one of the chip leaders, Zhao Yi innovation this news, the big funds held by the technology stocks brought some stimulus! Previously said that often get the job done to increase the business do not play, but we also have to divide the nature of the business, to see what is done? Zhaoyi innovation is the most chip storage, and Zhaoyi innovation of the net fund-raising 4.282 billion yuan, will be used for DRAM chip R & D and industrialization projects, as well as to supplement the liquidity, so such a good prospect, such a fixed increment, those institutions can not wait to come a little more! In fact, this time, there are 42 institutions to participate in the fixed increase, but finally spent 5, so the fixed increase of Zhaoyi innovation can be said to be the meat and potatoes! Zhao Yi innovation as a storage chip leader, was founded fifteen years, and gradually formed a "storage + control + sensor" layout. Listed four years, the stock price rose 30 times, is a good business analyzed in the East Brother Technology column, then we may as well talk about the past and present life of this enterprise! The company was founded in 2005, initially Nor Flash flash memory into the market, in 2011, the establishment of the MCU (micro control unit) business unit involved in the MCU industry, in 2017, the joint Hefei Changxin involved in DRAM industry, 2019, the acquisition of Sili Micro cut into the MCU industry. In 2019, the company acquired Silicon Power to enter the sensor field. After fifteen years of development, the storage business has covered three major types of memory chips (Nor Flash, NAND Flash and DRAM), the main business model for Fabless, and at the same time cut into the field of MCU and sensors, the diversified industrial operation has begun to bear fruit. Let's go into detail about the more significant process in the middle: the acquisition ZhaoYi Innovation was listed on August 18, 2016 on the SSE. The company's main business is memory chips, microcontroller MCU chips. But Zhaoyi innovation in the listing of just 20 trading days, the company suspended due to major asset reorganization matters, a 1-year fixed-price acquisition of the journey, however, unfortunately ended in failure. At that time, the acquisition of the target is silicon into the semiconductor, this enterprise is not small, has been a few companies to see, and ultimately by the Beijing Junzheng (the domestic chip sector a "powerful") in the bag (on January 1 this year, the Securities and Exchange Commission approved the approval). The first acquisition failed less than three months later, Zhaoyi innovation and the suspension of trading due to major reorganization of assets, the acquisition of the target is Shanghai Sili micro. The technology and products of Shanghai Siliver is located in the intelligent human-computer interaction, the main business for the new generation of intelligent mobile terminal sensor SoC chip and solution research and development and sales. It provides a full set of human-computer interaction solutions including touch chips, fingerprint identification chips, sensing and control system algorithms. As a leading touch and fingerprint chip designer in the domestic market, it has strong competitiveness in the domestic market. This acquisition was completed in 2019, and it can be said that Zhaoyi innovation all the way is accompanied by the acquisition of asset reorganization, in fact, this is the norm in the technology circle, and the acquisition of the assets are good assets, for example, Wentai technology acquisition of Ensign semiconductors, the acquisition of Silicon Semiconductor by Beijing Junzheng. Their acquisitions have brought a big increase in strength. ZhaoYi innovation out of 1.7 billion yuan to take Shanghai SiLiMicro, but also caused a dispute, directly into the top of the sphere of influence of technology. Huitian Technology is a global leader in fingerprint identification chips, and is the first listed semiconductor design company to achieve such a position in China. As we all know, in 19 years, we are the king of the world! We will continue to maintain our leading position in capacitive fingerprint identification touch chips and realize our long-term goal of being the leading company in the field of human-computer interaction. The main products of Zhaoyi Innovation are 32-bit MCU chips, which are mainly used in industrial control, consumer electronics and communications, and automotive grade certification has been passed. And the acquisition of Silicon Valley, is undoubtedly a threat to Huitian Technology! Then how to see the market? Whether it is the acquisition of Zhaoyi Innovation or today's fixed increase, is undoubtedly a further enhancement of the strength! The acquisition of Silicon Power, Joy Innovation can get the core technology and products in the field of human-computer interaction, in the existing micro-controller MCU, memory based on the human-computer interaction to make up the full range of technology and products, to promote the "storage + MCU + sensors and promote the synergy of "storage+MCU+sensor" industry. And we can give full play to the synergistic effect with Shanghai Sili Micro in technology research and development, product type, customer channels and supply chain, etc., to further strengthen the company's industry position. Therefore, the acquisition of Si Liwei is inevitable! After the implementation of the fund-raising investment projects, will add the sales of DRAM products, expanding the types and scale of memory products, memory business segment revenue will be increased, the composition of income will be richer, and can significantly improve the company's sustainable development ability and subsequent development space. The company's sustainable development ability and subsequent development space, for the company's operating results to further enhance the guarantee. Performance, the performance of 19 years is slightly lower than expected, the industry seasonal fluctuations and the impact of the cost is the main reason. However, products based on Joyo Innovation are widely used in handheld mobile terminals such as cell phones, tablet PCs, consumer electronics, IoT terminals, personal computers and peripherals, as well as communication equipment, medical equipment, office equipment, automotive electronics and industrial control equipment. With the advent of the 5G era, consumption will continue to increase, the prospect is broad, optimistic about the company's future main business and other businesses continue to maintain high growth momentum. Currently, the market value of Zhao Yi innovation is approaching 100 billion, 10 times less than a trillion, but Dong believes that the future chip, semiconductor field will produce trillion market value of the giant, Zhao Yi innovation or will be one of them! 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