It was bought last year and sold this year. Liaoning Kelong Fine Chemical Inc(300405) ( Liaoning Kelong Fine Chemical Inc(300405) ) announced on the evening of March 1 that it planned to transfer 51% equity of juxun semiconductor held by yingruichuang electronics, the trading partner. On March 3, Shenzhen stock exchange sent a concern letter to Liaoning Kelong Fine Chemical Inc(300405) asking Liaoning Kelong Fine Chemical Inc(300405) to supplement relevant issues. After the closing on March 8, Liaoning Kelong Fine Chemical Inc(300405) disclosed the reply to the attention letter of the exchange, saying that the transaction was facilitated by many reasons, including the transfer of equity by the founder of juxun semiconductor.
Liaoning Kelong Fine Chemical Inc(300405) 2021 announced on the evening of April 2 that it would purchase a total of 51% equity of juxun semiconductor held by counterparties Zhang Zhicai, Shanghai Yurong electronic technology service department and Jiang Yujun with 49.4 million yuan in cash Liaoning Kelong Fine Chemical Inc(300405) 2021 announced that the transaction was completed and included in the consolidated statements.
Liaoning Kelong Fine Chemical Inc(300405) replied to the inquiry letter that the transfer of the company’s equity in juxun semiconductor in a short time after the acquisition is not a big difference in the company’s strategic planning in a short time. The transfer of the 51% equity of juxun semiconductor held by the company is still a decision made after comprehensive consideration of the overall interests of the listed company, the future development of juxun semiconductor and careful consideration of the company.
The founder of juxun semiconductor plans to introduce professional chip design partners for juxun semiconductor by selling the equity held by him, so as to bring more technical support and customer resource support to juxun semiconductor Liaoning Kelong Fine Chemical Inc(300405) after careful consideration, under the objective adverse conditions of global economy and trade, the company made the decision to transfer its equity with the founder of juxun semiconductor for the future development of juxun semiconductor and the overall interests of the listed company.
According to the announcement, Liaoning Kelong Fine Chemical Inc(300405) originally acquired, as the controlling shareholder holding 51% of juxun semiconductor, can provide strong support for the development of juxun semiconductor. Since the acquisition, it has continued to study and formulate equity incentive plan with the founder of juxun semiconductor, so as to stimulate and improve the enthusiasm of juxun semiconductor team and improve business efficiency and effect. However, with the escalation of international trade frictions and the further rigidity of China US relations, it has not only had an objective adverse impact on the development of China’s related industries, but also posed more severe challenges to China’s chip industry. Under such macroeconomic conditions, in order to better and longer-term development of juxun semiconductor, we need to rely on more professional and sophisticated partners for support.
According to the announcement on the evening of Liaoning Kelong Fine Chemical Inc(300405) 31, the transferee yingruichuang electronics is mainly engaged in the design, R & D and sales of automotive semiconductor integrated circuits, automotive film integrated circuits and other businesses, with strong financial strength, technical R & D capability and high-quality customer resources. Nanjing Fujie Electronic Technology Co., Ltd. and Shanghai Fujie Electronic Technology Co., Ltd. have strong scientific and technological strength and good customer resources.
Liaoning Kelong Fine Chemical Inc(300405) 3 / 8 announcement: the main products of juxun semiconductor, the subject of this transaction, are industrial and consumer grade power chips, which can form a strong complementary effect with the products related to yingruichuang electronics. Yingruichuang electronics’s acquisition of juxun electronics has strong rationality. The company has no relationship with yingruichuang electronics, and there is no transfer of benefits in this transaction.
Liaoning Kelong Fine Chemical Inc(300405) the total consideration of this transaction is 75 million yuan, and the income is expected to be about 10-20 million yuan.
Liaoning Kelong Fine Chemical Inc(300405) said that the transfer of 51% equity of juxun semiconductor is conducive to concentrating capital and resource advantages to develop its main business, focusing on the development and construction of new fine chemical materials, vinyl carbonate and electronic chemicals.
