The end and beginning of the year is often an important period for fund managers to change their positions and layout for the new year.
Recently, with the disclosure of listed companies, major asset reorganization, share buybacks and other announcements, a number of star fund managers to adjust the position of the action of the exposure. For example, the investment Morgan ace fund manager Du Mang management of a number of funds involved in the Tianhua super net of fixed increase, Zhu Shaoxing's masterpiece Fu Guo Tianhui on Chongqing Department Store made a small reduction in the position, while Xie Zhiyu led the management of the Xingquan trend to increase the position of China Merchants Shekou and Su Wen electric energy.
Du Mang participates in Tianhua Chaoying's fixed increase
On Dec. 29, 2022, the Shanghai Investment Morgan Fund released the "Announcement on the Investment of Its Funds in Non-public Offering of Shares," which showed that 15 of the company's funds collectively participated in Tianhua Chaoying's fixed increase, of which the company's ace fund manager, Du Mang, manages the Shanghai Investment Morgan Emerging Dynamics, Shanghai Investment Morgan Vision two years, Shanghai Investment Morgan China Advantage and many other representative works are listed.
Shanghai investment Morgan emerging power, for example, Du Mang from the fourth quarter of 2021 began to hold a heavy position in the purchase of Tianhua super net, of which the first quarter of 2022, once increased to the first large position, as of the end of the third quarter of 2022 is still holding a heavy position in the second largest position, and at the same time, the investment Morgan emerging power, the investment Morgan vision two years, respectively, is the Tianhua super net's fourth and sixth largest The company is also the fourth and sixth largest shareholder of Tianhua Superclean in two years.
Tianhua Superclean's main business is divided into three major blocks, anti-static ultra-clean technology products, medical device injectors, new energy lithium materials. The company is a well-known domestic static electricity and micro-pollution prevention and control solutions provider, the products are widely used in the electronic information industry, in addition, its subsidiary Tianyi lithium battery-grade lithium hydroxide products are mainly used in new energy automobile batteries, communication electronics power supply equipment, energy storage and other fields.
Announcement shows that the fixed-price plan for the issue price of 52.89 yuan / share, the total amount of funds raised is 2.766 billion yuan, after deducting the issue of funds related to the actual net proceeds of 2.741 billion yuan, mainly used to subsidiaries of the Sichuan Tianhua era of lithium energy Co. (hereinafter referred to as "Sichuan Tianhua") and Yibin Weineng Lithium Science and Technology Co., Ltd (hereinafter referred to as "Weineng Lithium") to provide loans for the fund-raising project "Sichuan Tianhua Times Lithium Co, "Yibin Weineng Lithium Science and Technology Co., Ltd. an annual output of 25,000 tons of battery-grade lithium hydroxide project "the smooth implementation of the acquisition of Yibin Tianyi Lithium Science and Technology Co.
But against the backdrop of an overall pullback in the new energy sector, Tianhua Superclean's share price has been on a downward trend since November. As of the close of business on December 30, 2022, Tianhua Chaoying reported 55.88 yuan per share, still higher than the fixed price.
Zhu Shaoxing reduced his holdings in Chongqing Department Store
Recently, Chongqing Department Store announced the latest list of top ten outstanding shareholders because of the major asset reorganization. According to the announcement, as of December 22, 2022, Zhu Shaoxin's Fortune Skywise ranked as the second largest outstanding shareholder, with a position of 18 million shares, compared with the end of the third quarter of 2022, a decrease of 1 million shares.
Fortune Skywise has entered the list of Chongqing Department Store's top ten circulating shareholders since the 2019 mid-year report, during which it has carried out a number of swing operations, such as the second quarter of 2020 had a short period of significant reduction in holdings, exiting the list of top ten circulating shareholders, and then again increased its holdings significantly in the third quarter of 2020, and has been ranked as the second largest circulating shareholder in a number of reporting periods since the 2020 report.
Chongqing Department Store is the earliest state-owned commercial enterprise in Chongqing and the first commercial listed company, the company has formed a department store, supermarkets, electrical appliances, automobile trade and other business development of the business pattern, cultivated e-commerce, consumer finance, supply chain finance and quality testing and other emerging industries, which owns the "Heavy Hundred", "New Century Department Store" and other brands.
The major asset reorganization, the company intends to Yufu capital, Wumi Jinrong, Shenzhen BBK, the business community Huilong, the business community Huixing in the form of share issuance to absorb the merger of group companies Chongqing business community. The number of shares to be issued after the completion of the audit and evaluation of the subject assets in the "reorganization report (draft)" for further disclosure, the issue reference price is not less than 90% of the average price of the stock trading in the 60 trading days prior to the pricing reference date, that is, 19.49 yuan / share.
For Chongqing Department Store to absorb the merger of Chongqing Commerical Society and related transaction proposal, Cai Tong Securities said in a recent research report, the transaction as the Chongqing Commerical Society reform of the overall deployment of the further deepening of Chongqing Commerical Society, aimed at realizing the merger of Chongqing Commerical Society and the listed company's two-level body, in order to reduce the level of management, improve operational efficiency, and remove the obstacles to the healthy development of the listed company. After the completion of this transaction, the governance mechanism of the listed company will be flatter and the organizational structure will be further streamlined, which is expected to fully stimulate the vitality of the listed company's operation and endogenous power; through this transaction, it will help the listed company to carry out its own adjustments to its self-holding stores and properties according to its development needs and enhance the operating efficiency of its stores and its radiant influence, so as to realize the optimization of the asset and resource allocation and to improve the quality of the listed company's assets.
Xie Zhiyu added to the position of China Merchants Shekou and Su Wen electric power
In addition, China Merchants Shekou because of the proposed issuance of shares to purchase 24% of the equity interests of Shenzhen Nanyou (Group) Co., Ltd. and Shenzhen China Merchants Qianhai Industrial Development Co. 2.89% of the equity interests of Shenzhen Merchants Qianhai Industrial Development Co. Shares to raise matching funds, announced the latest list of top ten outstanding shareholders.
The announcement showed that as of December 2, 2022, Xie Zhiyu led the management of Xingquan Trend Investment ranked China Merchants Shekou's sixth largest outstanding shareholders, with a position of 73,067,400 shares, compared with the end of the third quarter of 2022, an additional position of 8,999,900 shares. As of the end of the third quarter, China Merchants Shekou was ranked the third largest long position in Xingquan Trend Investment.
For this China Merchants Shekou's asset reorganization and fixed-income plan, Everbright Securities said in a recent research report, after the completion of this transaction, Nanyou Group will become a wholly-owned subsidiary of the company, the company for the direct and indirect shareholding of China Merchants Qianhai Industrial will increase from 83.10% to 85.99%, the company for the proportion of interest in China Merchants Qianhai Industrial to enhance the proportion of about 13.65%, is conducive to Accelerating the integration of high-quality assets, taking into account liquidity supplementation and benign balance sheet expansion.
At the same time, Xingquan Trend Investment has also recently participated in the Suwen electric energy fixed increase. Announcement shows, Xingquan trend investment subscription Suwen electric energy 883,800 shares, the cost of about 40 million yuan, as of December 23, 2022 accounted for about 0.18% of the fund's net assets ratio.
Suwen Electric Energy, founded in 2007, is a one-stop (EPCO) power supply and use brand service provider with electric power consulting and design business as the leading business, covering electric power consulting and design, electric power engineering and construction, electric power equipment supply and intelligent power use service business as a whole. The company's core business of e-consulting design and power engineering construction is now mainly concentrated in Jiangsu Province, especially within Changzhou City.
Huaxi Securities pointed out in a recent research report, Suwen electric energy is a scarce EPCO one-stop service enterprise in the industry, although the industry has presented the characteristics of regionalization, but with the gradual popularization of new energy application scenarios, China's end-use load presents complexity, uncertainty, judging that the future of intelligent electricity demand development space is sufficient to further promote the marketization of the electric power industry, in the distribution grid Against the backdrop of stable growth in distribution network investment, there is ample room for expansion of headline companies.
Announcement shows that the planned issue price of 42.36 yuan / share, the total amount of funds raised is 1.389 billion yuan, after deducting the issue of funds related to the actual net proceeds of 1.366 billion yuan, mainly for the "intelligent electrical equipment production base construction project, The project is mainly used for "intelligent electrical equipment production base construction project", "power electronic equipment and energy storage technology research and development center construction project" and supplementary working capital.