Hebei Sinopack Electronic Technology Co.Ltd(003031) it is proposed to issue shares to purchase chip assets of the controlling shareholder

Hebei Sinopack Electronic Technology Co.Ltd(003031) (003031. SZ) announced on January 16 that the company plans to issue A-Shares to purchase the operating assets and liabilities related to the RF chip business of gallium nitride communication base station of the 13th Research Institute of China Electronics Technology Corporation (hereinafter referred to as "the RF chip business of gallium nitride communication base station"), And some or all of the equity of Hebei Bowei integrated circuit Co., Ltd. (hereinafter referred to as "Bowei company") and Beijing Guolian Wanzhong Semiconductor Technology Co., Ltd. (hereinafter referred to as "Guolian Wanzhong") held by CETC 13 and other shareholders.

Hebei Sinopack Electronic Technology Co.Ltd(003031) is a high-tech enterprise specializing in the R & D, production and sales of electronic ceramic products. It is committed to becoming a world-class supplier of electronic ceramic products and providing customers with innovative, high-quality and competitive electronic ceramic products.

Hebei Sinopack Electronic Technology Co.Ltd(003031) the controlling shareholder is CETC 13th Institute, and the actual controller is China Electronics Technology Group Co., Ltd. (hereinafter referred to as "CETC"). This transaction constitutes a connected transaction, which is expected to constitute a major asset reorganization specified in the administrative measures for major asset reorganization of listed companies. This transaction will not lead to the change of the actual controller of the company. According to relevant regulations, upon the application of the company to Shenzhen Stock Exchange, the trading of the company's shares will be suspended from the opening of the market on Monday, January 17, 2022. It is expected that the suspension will not exceed 10 trading days.

According to the announcement, on January 14, 2022, Hebei Sinopack Electronic Technology Co.Ltd(003031) signed the equity acquisition intention agreement with CETC 13. The specific transaction agreement shall be subject to the agreement officially signed by all parties.

Before this transaction, the RF chip business owner of gallium nitride communication base station was CETC 13; Prior to this transaction, CETC XIII held 84.16% of the shares of Bowei company and was the controlling shareholder of Bowei company. Its business scope included RF integrated circuits, electronic components, materials and equipment research and development, etc; Prior to this transaction, CETC 13 held 44.83% of the shares of Guolian Wanzhong and was the controlling shareholder of Guolian Wanzhong.

The transaction mode of this transaction is expected to be the issuance of shares to purchase assets, and may involve the raising of supporting funds. There is still uncertainty in this transaction. The specific transaction mode and transaction scheme shall be subject to the information disclosed in the subsequent announced reorganization plan or reorganization report.

According to the financial report, Hebei Sinopack Electronic Technology Co.Ltd(003031) the operating revenue in the first three quarters of 2021 was 796 million yuan, a year-on-year increase of 31.27%; The net profit attributable to shareholders of the listed company was 99.8912 million yuan, a year-on-year increase of 24.47%.

On January 14, Hebei Sinopack Electronic Technology Co.Ltd(003031) closed at 78.86 yuan / share, an increase of 2.40%.

- Advertisment -