Shares fell by the limit today, and institutional seats sold wildly for nearly 1 billion yuan Wingtech Technology Co.Ltd(600745) announced that the business was developing steadily

On March 24, Wingtech Technology Co.Ltd(600745) ( Wingtech Technology Co.Ltd(600745) , SH) issued a statement and announced that at present, the company’s production and operation are normal, various main 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 Wingtech Technology Co.Ltd(600745) this announcement has a special background. On March 24, the company’s share price showed a downward trend after opening slightly lower. From 2:30 to 2:47 pm on that day, the company’s share price suddenly suffered a sharp decline and was finally pressed on the limit. According to the data of the dragon and tiger list, the four institutions sold 984 million yuan of special seats, of which one sold 678 million yuan; At the same time, four institutions bought 368 million yuan of special seats and 199 million yuan of special seats for Shanghai Stock connect.

Wingtech Technology Co.Ltd(600745) share price last fell on April 27 last year, when the company was affected by rumors of shutdown of factories in India. For this time’s limit, the outside world is a little confused.

According to Wingtech Technology Co.Ltd(600745) after hours announcement, the company’s ANSYS semiconductor, as the leader of vehicle specification semiconductor, maintained rapid growth in the first three quarters of 2021, and its profitability reached the highest level in history. Since the fourth quarter of last year, Ansteel semiconductor has further benefited from the trend of doubling the demand for power devices in automobile electrification and intellectualization, continued to give full play to the advantages of vehicle specification semiconductor 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 company’s mobile phone ODM business is progressing smoothly, the gross profit margin has improved year-on-year, and the non mobile phone business continues to obtain new customers and orders, so as to promote new projects in an orderly manner.

In addition, Wingtech Technology Co.Ltd(600745) also said that since the fourth quarter of 2021, the company’s optical business has completed product verification, mass production and shipment, making good progress. At present, the company’s optical business is in the state of normalized supply and speeds up the promotion of new projects.

The reporter of the daily economic news noted that in sharp contrast to the decline of the company’s share price, Wingtech Technology Co.Ltd(600745) continued to reveal good news in business.

Wingtech Technology Co.Ltd(600745) once disclosed on March 11 that the smart home project cooperated by the company with specific overseas customers officially began mass production and realized normal shipment, and the total amount of project cooperation is expected to be about 5 billion yuan. On March 10, the company announced that the series of insulated gate bipolar transistors independently designed and developed by the company had been successfully streamed, made phased significant progress, and all parameters met the design requirements.

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