On March 24, the 100 billion chip giant Wingtech Technology Co.Ltd(600745) ( Wingtech Technology Co.Ltd(600745) ) issued a “explanatory announcement on the recent operation”. At present, the company’s production and operation are normal, and all major businesses continue to maintain a steady development momentum. There are no major events that may have a great impact on the company’s share price.
Why does Wingtech Technology Co.Ltd(600745) take the initiative to explain the situation when the abnormal fluctuation is not reached? “The company’s stock price is expected to fluctuate in the near future, which is the second level investor’s legitimate rights and interests. The company’s stock price is expected to be stable, and the company’s stock price is expected to be stable.” Wingtech Technology Co.Ltd(600745) scale.
According to the secondary market, on March 24, Wingtech Technology Co.Ltd(600745) fell to the limit at the end of the day, closing at 93.15 yuan / share, with a full day turnover of 2.59 billion yuan. According to the post hours dragon and tiger list data, the purchase of special seats for Shanghai Stock connect was RMB 199 million, the net purchase of special seats for four institutions was RMB 369 million, and the net sale of special seats for four institutions was RMB 984 million. In other words, the net amount of institutional seats sold was 615 million yuan.
It is understood that Wingtech Technology Co.Ltd(600745) was founded in 2006 and successfully backdoor listed in 2016. The company started with smart phone ODM (OEM) business, and Samsung, Xiaomi, Huawei, oppo, Nokia, LG, etc. were its customers. At present, Wingtech Technology Co.Ltd(600745) has developed into one of the largest mobile phone ODM factories in the world.
From an unknown foundry to a chip giant with a market value of 100 billion, we have to mention two important mergers and acquisitions of Wingtech Technology Co.Ltd(600745) .
At the end of 2019, an important cross-border M & A case occurred in China’s semiconductor industry, with Wingtech Technology Co.Ltd(600745) and Anse group of the Netherlands as the protagonists Wingtech Technology Co.Ltd(600745) spent 26.854 billion yuan to acquire 74.46% of the shares of ANSYS semiconductor, which is the power device supplier of Apple iPhone. Later, Wingtech Technology Co.Ltd(600745) completed the acquisition of 100% equity of ANSYS semiconductor in 2020, making it a wholly-owned subsidiary of Wingtech Technology Co.Ltd(600745) .
In March 2021, Ofilm Group Co.Ltd(002456) was suddenly kicked out of the apple industry chain, causing an uproar in the industry. Subsequently, Wingtech Technology Co.Ltd(600745) bought Ofilm Group Co.Ltd(002456) and the related business assets of supplying cameras to apple for 2.42 billion yuan, including 100% equity of Guangzhou delta Imaging Technology Co., Ltd., a supplier of Apple camera modules under Ofilm Group Co.Ltd(002456) company.
Two beautiful shots made the capital market treat Wingtech Technology Co.Ltd(600745) with new eyes. By the end of 2021, Wingtech Technology Co.Ltd(600745) there were 218 funds with 159 million shares, accounting for 12.77%. Among them, the new energy theme fund of Agricultural Bank of China holds about 10.82 million shares, with a market value of 1.4 billion yuan. It is the fund holding the largest number of Wingtech Technology Co.Ltd(600745) shares, and has entered the ranks of the top ten circulating shareholders.
The sudden collapse at the end of the trading puzzled the market. After the closing on March 24, Wingtech Technology Co.Ltd(600745) also urgently issued a statement on the operation, saying that at present, the company’s production and operation are normal, all major businesses continue to maintain a steady development momentum, and there are no major events that may have a great impact on the company’s share price. At the same time, the business of each sector is described in detail.
In terms of semiconductor business, the company’s Anson semiconductor, as the leader of vehicle specification semiconductor, maintained a rapid growth trend in the first three quarters of 2021, and its profitability reached an all-time high. Since the fourth quarter, Ansteel has further benefited from the trend of doubling the demand for power devices for electric and intelligent vehicles, continued to give full play to the advantages of vehicle specification semiconductors and continuously improved its profitability.
In terms of product integration business, benefiting from the company’s strategic layout and R & D investment since 2020, the company’s product integration business has undergone fundamental changes. The products are constantly developing towards diversification and high-end, expanding from mobile phones to non mobile phone businesses such as laptop, IOT, servers and automotive electronics, and continuously optimizing the customer structure, extending from consumer fields to industries, automobiles and other fields. At present, the mobile ODM business is progressing smoothly, and the gross profit margin has improved year-on-year. The non mobile business continues to obtain new customers and orders, and promote new projects in an orderly manner.
In terms of optical business, since the fourth quarter of 2021, the optical business has completed product verification, mass production and shipment, and made good progress. At present, the company’s optical business is in the state of normalized supply and speeds up the promotion of new projects.
