Intelligent projection leader Chengdu Xgimi Technology Co.Ltd(688696) lifted the ban, with a market value of nearly 10 billion Baidu series and mango media floating profit of 250%

The leading projection equipment company Chengdu Xgimi Technology Co.Ltd(688696) ( Chengdu Xgimi Technology Co.Ltd(688696) . SH) will usher in the lifting of the restricted shares listed for one year, which is also the most noteworthy company to be lifted this week.

According to the announcement, Chengdu Xgimi Technology Co.Ltd(688696) 3, 21371800 restricted shares will be listed and circulated, accounting for 42.74% of the total share capital, which is nearly twice the circulation before the lifting of the ban. Based on the latest closing price (the same below), the market value of the lifting of the ban is 9.973 billion yuan. Among them, 1.25 million shares were the initial strategic placement shares, and 201218 million shares were the initial restricted shares of the original shareholders.

The penetration rate of projection equipment is increasing, and Chengdu Xgimi Technology Co.Ltd(688696) has performed well in the first year of listing. According to the performance express, the company achieved a total operating revenue of 4.046 billion yuan last year, a year-on-year increase of 43.06%; The net profit attributable to the shareholders of the listed company was 489 million yuan, a year-on-year increase of 81.79%.

The reason for the performance growth is that the sales of Chengdu Xgimi Technology Co.Ltd(688696) products have maintained growth, while the company’s pricing strategy and product structure have changed, and the continuous introduction of self-developed polishing machines has driven the increase of gross profit margin.

Chengdu Xgimi Technology Co.Ltd(688696) issue price is 133.73 yuan / share. After listing, the share price once rose to 883.78 yuan / share, and then fell back. Last week, the share price hit a new low, with the latest closing price of 466.63 yuan / share. Although Chengdu Xgimi Technology Co.Ltd(688696) share price is active in the low range after listing, it is still 248.93% higher than the issue price Chengdu Xgimi Technology Co.Ltd(688696) initial strategic placement shareholders’ Book floating profit was also nearly 250%. The holding cost of the original shareholders is lower than the issue price, so this group of shareholders exceeds this range.

Analysts believe that the projection industry is still in the early stage of the outbreak. After the high growth of projection in 2021, the sales penetration rate of TV is still at a low level of 11%, and the penetration rate of overseas projection is lower. Chengdu Xgimi Technology Co.Ltd(688696) as the industry leader can enjoy the industry growth dividend.

Chengdu Xgimi Technology Co.Ltd(688696) the poor recent trend may be related to the pressure of lifting the ban

Chengdu Xgimi Technology Co.Ltd(688696) there are 27 shareholders involved in this round of lifting the ban. Baidu is the dominant company in this round, accounting for a quarter.

The largest lifting shareholder is Chengdu Xgimi Technology Co.Ltd(688696) the second largest shareholder, Beijing Baidu Netcom Technology Co., Ltd., with 4.9416 million lifting shares and a lifting market value of 2.306 billion yuan. Baidu is another company. Beijing Baidu Biwei enterprise management center (limited partnership) has also lifted the ban, with a market value of more than 400 million yuan.

In addition, the remaining lifted shareholders include mango media, Hangzhou chuangqian investment and other venture capital companies, which all have exit needs. Therefore, Chengdu Xgimi Technology Co.Ltd(688696) this round of lifting the ban will face greater pressure to reduce its holdings.

Chengdu Xgimi Technology Co.Ltd(688696) details of the lifting of the restricted shares

Bank Of Xi’An Co.Ltd(600928) ( Bank Of Xi’An Co.Ltd(600928) . SH) the lifting pressure this week is even greater than Chengdu Xgimi Technology Co.Ltd(688696) . On March 1, Bank Of Xi’An Co.Ltd(600928) will have 1.870 billion shares, or 7.871 billion shares with a market value. The initial restricted shares will be lifted, accounting for 42.07% of the total share capital, which is 1.6 times that of the tradable shares before the lifting of the ban.

The Bank Of Xi’An Co.Ltd(600928) lifting of the ban involves up to 630 shareholders, including many natural person shareholders chips are extremely dispersed, and the pressure of reducing holdings increases accordingly

Bank Of Xi’An Co.Ltd(600928) has been listed for three years and its share price is in a long-term breaking state. In 2022, the company’s share price fell to 4.19 yuan / share, a new low, and the latest closing price was only 4.21 yuan / share Bank Of Xi’An Co.Ltd(600928) issue price is 4.68 yuan / share.

Bank Of Xi’An Co.Ltd(600928) details of the lifting of restricted shares

On the whole, the lifting of the ban on restricted shares this week is the smallest scale since this year . According to wind data, excluding new shares listed this week, 46 companies lifted the ban on restricted shares this week, with a number of 2.795 billion shares and a market value of 38.717 billion yuan.

There are listed , of which sh listed .

There are 9 listed companies with a market value of more than 1 billion yuan, and the market value of Chengdu Xgimi Technology Co.Ltd(688696) , Bank Of Xi’An Co.Ltd(600928) lifting the ban exceeds 7 billion yuan.

In addition, there are six companies whose number of tradable shares is more than twice that before the lifting of the ban, namely Chengdu Xgimi Technology Co.Ltd(688696) , Qingdao Novelbeam Technology Co.Ltd(688677) ( Qingdao Novelbeam Technology Co.Ltd(688677) . SH), Bank Of Xi’An Co.Ltd(600928) , Beijing Tieke Shougang Railway-Tech Co.Ltd(688569) ( Beijing Tieke Shougang Railway-Tech Co.Ltd(688569) . SH), Hangzhou Mdk Opto Electronic Corporation Limited(688079) , Shenzhen Capol International&Associatesco.Ltd(002949) ( Shenzhen Capol International&Associatesco.Ltd(002949) . SZ), all of which are the restricted shares lifted by the original shareholders. Due to the large increase of circulating shares, the lifting of the restricted shares of such companies has a relatively great impact on their own share prices.

In terms of the types of shares to be lifted, there are 18 restricted shares issued by the original shareholders, 12 allocated shares by fixed value-added institutions, 2 Strategic allocated shares, 6 general shares issued by both initial and initial institutions, 7 restricted shares under equity incentive and 1 general share under equity incentive.

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