On February 21, Luxshare Precision Industry Co.Ltd(002475) (002475) plans to raise 13.5 billion yuan through non-public offering to invest in smart wearable, smart mobile terminals, smart cars and other fields.
Among them, the investment of intelligent wearable device production line construction and technology upgrading project is 3.5 billion yuan; 2.7 billion yuan was invested in the construction of the production line of smart mobile terminal precision parts and components; The construction of new energy vehicle high voltage connection system product production line is 1.5 billion yuan; The investment in the construction of semiconductor advanced packaging and testing production line is 950 million yuan; The investment of intelligent mobile terminal module production line project is 2.05 billion yuan; The investment in the production line of intelligent vehicle connection system products is 500 million yuan; The supplementary working capital was 3.55 billion yuan.
The announcement shows that the issuing objects of this issuance are no more than 35 specific objects that meet the conditions stipulated by the CSRC, and the number of shares issued shall not exceed 30% of the total share capital of the company before this issuance, that is, no more than 2.123 billion shares (including this number). The issuing price of this offering shall not be lower than 80% of the average trading price of the company’s shares 20 trading days before the pricing benchmark date. The shares subscribed by the issuing object of this issuance shall not be transferred within 6 months from the date of issuance.
The announcement shows that the number of shares in this non-public offering does not exceed 2.123 billion shares (including this number). Calculated according to the upper limit of the number of shares in this non-public offering, after this non-public offering, the total share capital of the company will be changed from 7.077 billion shares to 9.2 billion shares, and the total proportion of shares held by the actual controllers Wang Laichun and Wang Laisheng will be changed to 29.75%, which is still the actual controller of the company. Therefore, this non-public offering of shares will not lead to changes in the company’s control.
6.2 billion was invested in the expansion of intelligent wearable and intelligent mobile terminals
The main business of Luxshare Precision Industry Co.Ltd(002475) is the production and manufacturing of consumer electronic products, which is also an important target of Apple’s supply chain. It is Apple’s production line airplads and a small number of iPhone OEM. Nearly half of this Luxshare Precision Industry Co.Ltd(002475) fixed increase is invested in the field of intelligent wearable and intelligent mobile terminals.
The announcement shows that the implementation subject of the intelligent wearable device product line construction and technology upgrading project is Lixun intelligent manufacturing (Zhejiang) Co., Ltd., with an investment of 3.5 billion yuan. After the completion of the project, it will mainly focus on the R & D, production and sales of intelligent wearable devices and modules, and the related products are mainly used in the field of consumer electronic mobile terminals.
The main body of the construction project of intelligent mobile terminal precision parts and components production line is Lixun Intelligent Manufacturing Technology (Changshu) Co., Ltd., with an investment of 2.7 billion yuan. After the completion of the project, it will mainly focus on the R & D, production and sales of intelligent mobile terminal precision parts and components products, and related products are mainly used in the fields of consumer electronics and automobile.
On February 21, Taiwan media reported that Luxshare Precision Industry Co.Ltd(002475) has not yet obtained the trial production order of Apple’s next-generation smartphone iphone14. This year, it may not be able to contract the high-end series of iPhone 14. It can only get the order of basic iPhone 14 and become the second supplier. If the rumor is true, it will undoubtedly hit the target of Luxshare Precision Industry Co.Ltd(002475) competing for Apple orders.
In response to the question of whether the company obtained new mobile phone orders from major customers as expected this year, Luxshare Precision Industry Co.Ltd(002475) 21 said on the interactive platform that the company’s business performance continued to meet customer needs and received high recognition from customers. The company will serve customers more deeply as an important partner, and relevant business cooperation will be carried out smoothly without any failure to meet the expectations of customers and the company.
just developed vehicle ODM business with Chery, automobile project invested 2 billion
Luxshare Precision Industry Co.Ltd(002475) just announced that it plans to establish a joint venture with Chery New Energy Vehicle Co., Ltd., specializing in the R & D and manufacturing of new energy vehicles. This time, another 2 billion yuan will be invested in automobile projects.
The announcement shows that Luxshare Precision Industry Co.Ltd(002475) industry (Jiangsu) Co., Ltd. is the main body of the construction project of high-voltage connection system product line of new energy vehicles, with a total investment of 1.5 billion yuan. After the completion of the project, it will mainly focus on the R & D, production and sales of high-voltage connection system parts of new energy vehicles, and relevant products are mainly used in the field of new energy vehicles, It does not involve the R & D, production and sales of new energy vehicles.
The main body of the intelligent vehicle connection system product production line construction project is Luxshare Precision Industry Co.Ltd(002475) industry (Baoding) Co., Ltd., with a total investment of 500 million yuan. After the completion of the project, it will mainly focus on the R & D, production and sales of intelligent vehicle connection system parts and components, and relevant products are mainly used in the automotive field.
Luxshare Precision Industry Co.Ltd(002475) believes that the downstream application fields of the precision electronic devices and components industry in which the company is located are extremely wide. In addition to consumer electronics, it also includes automotive electronics, communication equipment, industrial instruments, medical devices, aerospace and other fields, and the relevant market demand is radioactive release. With the continuous progress of scientific and technological innovation, the types and quantity of the company’s products and corresponding downstream application fields will continue to grow, and the market development potential is huge.
In addition, the company’s products and business layout are characterized by diversification and vertical integration. The main products and business modules cover downstream application fields such as consumer electronics, communication and automobile. Among them, consumer electronics business occupies the main position of the company’s business, while communication Businesses in other fields such as automobile have fully benefited from the strong comprehensive capabilities of process, R & D, quality and business accumulated by the early company in the field of consumer electronics. They cooperate with each other in terms of experience and resources, forming a virtuous circle of mutual nourishment and mutual promotion, which has laid a solid foundation for the company to further expand its business to various downstream application fields. Through this non-public offering, the company will seize market opportunities, enrich and expand product layout, promote a virtuous circle of business and improve the company’s sustainable profitability.
