“50 billion PCB leader” luxury fixed increase group landing!
On February 9, Shennan Circuits Co.Ltd(002916) announced the results of the fixed increase of 2.55 billion yuan, of which the subscription amount of the second phase of the large fund reached 300 million yuan and 2.7876 million shares were allocated.
Affected by this news, early trading Shennan Circuits Co.Ltd(002916) (002916. SZ) once soared by more than 7%. As of press time, the share price rose 6.35% to 119.26 yuan / share, with a market value of 58.3 billion yuan.
“big fund” entered the top of 50 billion printed circuit board
a group of stars participate in fixed increase through public offering
On February 9, Shennan Circuits Co.Ltd(002916) disclosed the fixed increase, and the fixed increase of 2.55 billion yuan was implemented. The announcement shows that the issue price is 107.62 yuan / share, the number of shares issued to 19 specific objects is 2369 million, and the total amount raised is 2.549 billion yuan. After deducting various issuance expenses, the net amount raised is 2.529 billion yuan, which is mainly used for the manufacturing project of IC carrier products for high-end flip chip. As of the closing on February 9, Shennan Circuits Co.Ltd(002916) was quoted at 112.14 yuan / share, 4.2% higher than the fixed increase price.
The fixed increase competition is quite fierce, with more than 40 investment institutions participating in the subscription. Finally, CAITONG fund subscribed 856600 shares with nearly 100 million yuan, China Europe Fund subscribed 678300 shares with 73 million yuan, and Nord fund subscribed 659700 shares with 71 million yuan. In this fixed increase, Huatai Securities Co.Ltd(601688) has the largest number of subscriptions, with a total cost of 353 million yuan to subscribe for 3.28 million shares. At the same time, the second phase of the “national team” also cost 2.78 billion yuan.
According to public information, Shennan Circuits Co.Ltd(002916) has three main businesses: printed circuit board, packaging substrate and electronic assembly. The funds raised in this offering are mainly used for the manufacturing project of IC carrier board products for high-end flip chip, with an investment amount of 2.016 billion yuan.
The company said that the manufacturing project of IC carrier products for high-end flip chip is to further improve the production capacity and technical capacity of the company’s packaging substrate business, and the supplementary working capital project is to meet the capital needs of the rapid development of the company’s business. These projects are carried out around the main business of the company.
Affected by this news, early trading Shennan Circuits Co.Ltd(002916) (002916. SZ) once soared by more than 7%. Public information shows that as of September 30, 2021, Shennan Circuits Co.Ltd(002916) has 71053 shareholders.
is heavily held by several star funds
As the “leader of 50 billion printed circuit boards”, Shennan Circuits Co.Ltd(002916) is also the focus of public offering of many stars.
From the perspective of the top ten circulating shareholders, Yuan Weide’s China EU value wise selection returned a large purchase of more than 1.5 million shares in the third quarter of last year, and Xinjin became the tenth largest circulating shareholder.
As of the fourth quarter of last year, Wang Keyu’s Hongde advantage pilot flexible configuration bought nearly 500000 shares in the fourth quarter, and bought Shennan Circuits Co.Ltd(002916) into the tenth largest heavy position stock in one fell swoop. In addition, Wang Xianwei and Cao Chunlin managed the positive growth of ChuangJin Hexin and bought 14200 shares in a small amount.
Disturbed by the base station construction cycle and suppressed by the cost of raw materials, the company achieved a total operating revenue of 9.76 billion in the first three quarters of 2021, a year-on-year increase of 8.6%; The net profit attributable to the parent company was 1.03 billion, a year-on-year decrease of 6.5%.
In terms of share price, Shennan Circuits Co.Ltd(002916) increased by 13.98% in the whole year last year, with a wave of adjustment this year.
In the face of investors’ recent inquiry on the deep adjustment of the company’s share price on the first trading day after the Spring Festival on the interactive platform, the company responded that the stock price is usually affected by many factors. At present, the company’s production and operation are normal, the production capacity of Nantong PCB new factory and Wuxi packaging base sector factory is progressing smoothly, and there is no other undisclosed information that should be disclosed.
the investment territory of “big fund” is still expanding
It is worth noting that at the end of last year, the second phase of the large fund also took shares in another semiconductor equipment leader Advanced Micro-Fabrication Equipment Inc.China(688012) by means of fixed increase. In December last year, the second phase of big fund participated in the strategic placement of Dongxin shares as a strategic investor, and received 3.297 million shares, with an amount of 99.5025 million yuan; Last August, participated in the strategic placement of Galaxycore Inc(688728) and received 6.9541 million shares, with an amount of about 100 million yuan; In July, he also appeared on the Advanced Micro-Fabrication Equipment Inc.China(688012) fixed increase list and was allocated 24.44 million shares, with an amount of 2.5 billion yuan, ranking first, accounting for 30% of the total fixed increase issuance; In June, China Resources Microelectronics Limited(688396) announced that it plans to establish a project company with the second phase of big fund and Chongqing Xiyong Micro Electronics Industrial Park Development Co., Ltd., with a registered capital of 5 billion yuan, and invest in the construction of a 12 inch power semiconductor wafer production line project.
National integrated circuit industry investment fund phase II Co., Ltd. was incorporated on October 22, 2019 with a registered capital of 204.15 billion yuan. Different from the industry leading enterprises in the middle reaches of the semiconductor industry, including manufacturing, design and sealing and testing, the large fund phase I will invest more in the upstream and downstream, targeting the subdivided leading enterprises in weak links such as equipment and materials.
The second phase of the large fund not only invests in leading enterprises in the industry, but also jointly invests with leading enterprises to establish joint venture subsidiaries. The data show that the second phase of the large fund currently has 12 public investment projects, and its key investment direction is the upstream link of the integrated circuit industry. Among them, the investment objects include integrated circuit sealing and testing, equipment, materials and other enterprises, such as Changchuan manufacturing and SMIC south, a subsidiary of Semiconductor Manufacturing International Corporation(688981) (00981).
