Synthesis Electronic Technology Co.Ltd(300479) ( Synthesis Electronic Technology Co.Ltd(300479) ) on the afternoon of April 17, it was announced that the company had recently received a notice from the controlling shareholder of the company, Shandong Shensi Technology Investment Co., Ltd. (hereinafter referred to as “Shensi technology investment”), which was planning to transfer its shares to Jinan energy and environmental Protection Technology Co., Ltd. (hereinafter referred to as “energy and environmental protection”) with a total share capital ratio of 16.6% – 17.1% (finally subject to the agreement on share transfer), If the conclusion of this matter will lead to the change of the controlling shareholder and actual controller of the company, this matter will not trigger the tender offer. The counterparty’s energy and environmental protection industry provides new energy technology promotion services. This transaction still needs the prior approval of Jinan state owned assets supervision and Administration Commission and other competent departments.
Statistics show that Synthesis Electronic Technology Co.Ltd(300479) was founded in 2004 and landed on GEM in December 2015. The company takes the industry real name system, industry informatization and artificial intelligence cloud service as the main service direction, and provides three echelon solutions of identity authentication, industry deep cultivation and artificial intelligence to industry users. It mainly serves customers in finance, public security, railway, medical treatment, political affairs and other industries.
It is worth noting that since Synthesis Electronic Technology Co.Ltd(300479) listing, the performance growth rate is not ideal, the profit level hovers at the scale of ten million yuan, and only achieved positive growth in 2019. The growth drive of that year also mainly comes from non recurring profits and losses. The company is expected to lose 140 million yuan to 180 million yuan in 2021, with a profit of 6.9153 million yuan in the same period of last year.
For the performance loss, Synthesis Electronic Technology Co.Ltd(300479) said that during the reporting period, due to the tight supply of some key components, some products were not delivered in time, which had an adverse impact on revenue; The proportion of sales of products with low gross profit margin increased compared with the previous year, resulting in the decline of the company’s comprehensive gross profit margin compared with the previous year. The R & D investment of main products further increased, and the R & D expenses of the company increased over the previous year; The company increased investment in market expansion, and the sales expenses increased compared with the previous year. The greater reason comes from the impairment of assets Synthesis Electronic Technology Co.Ltd(300479) said that according to the preliminary test of asset operation, actual operation and changes in industrial policies, the company expects to accrue impairment losses of about 112 million yuan in 2021.
As a major shareholder of a listed company, Shensi technology investment was suspected of withdrawing earlier. In January this year, it threw out a plan to reduce its stake by 3%. As of February 28, Shensi technology investment completed the reduction of 1% of its shares, and its shareholding reached 28.19%. If the previous reduction is completed and calculated according to the share transfer proportion, the shareholding proportion of Shensi technology investment will be 9.09% – 9.59% after the transfer.
In terms of energy and environmental protection, Tianyan inspection shows that energy and environmental protection was established in 2015 with a registered capital of 100 million yuan, and the actual prosecution is Jinan SASAC.
