China Greatwall Securities Co.Ltd(002939)
about
Shenzhen Minde Electronics Technology Ltd(300656) issuance of A-Shares to specific objects in 2021
Listing recommendation
Sponsor (lead underwriter)
(floors 10-19, South Tower, energy building, No. 2026, Jintian Road, Futian street, Futian District, Shenzhen) January 2002
Statement
China Greatwall Securities Co.Ltd(002939) (hereinafter referred to as ” China Greatwall Securities Co.Ltd(002939) “, “sponsor” or “sponsor”) accepts the entrustment of Shenzhen Minde Electronics Technology Ltd(300656) (hereinafter referred to as “issuer”, “company” or ” Shenzhen Minde Electronics Technology Ltd(300656) “) to issue this listing recommendation letter for the issuer’s issuance of A-Shares to specific objects in 2021.
In accordance with the company law, the securities law, the measures for the administration of securities issuance and registration of companies listed on the gem (for Trial Implementation), the measures for the administration of securities issuance and listing recommendation business and other relevant laws and regulations, as well as the relevant provisions of the CSRC and Shenzhen Stock exchange, the recommendation institution and its designated recommendation representative are honest, trustworthy, diligent and responsible, and in strict accordance with the business rules formulated according to law The issuance recommendation letter shall be issued according to the industry practice norms and ethical standards, and the authenticity, accuracy and integrity of the documents issued shall be guaranteed.
interpretation
In this letter of recommendation, unless the context specifies, the following abbreviations have the following meanings: company, issuer, listed company, refers to Shenzhen Minde Electronics Technology Ltd(300656) , is listed on the Chuang Ye board of Shenzhen Stock Exchange, and the stock code is 300656
Sponsors, sponsors and lead underwriters refer to China Greatwall Securities Co.Ltd(002939) providers, China Greatwall Securities Co.Ltd(002939) this offering and this offering to specific objects
Issue A-share shares and issue A-share shares to specific objects in Shenzhen Minde Electronics Technology Ltd(300656) 2021
Issuance of shares to specified objects
The pricing base date refers to the first day of the issuance period of the shares issued to specific objects
The “R & D of silicon carbide power devices and fund-raising investment projects, fund-raising investment projects refer to industrialization projects” and “capacity improvement and technical improvement projects of high-end grooved Schottky diodes suitable for new energy supply” and supplementary working capital projects invested by the raised funds in this issuance
Controlling shareholders and actual controllers refer to Mr. Xu xiangcan and Mr. Xu Wenhuan
Guangwei integration refers to Guangwei integration technology (Shenzhen) Co., Ltd., the holding subsidiary of the company
Zhejiang Jingrui Electronic Technology Co., Ltd., a joint-stock subsidiary of Jingrui Electronics Co., Ltd
Shenzhen stock exchange refers to Shenzhen Stock Exchange
Securities Law means the securities law of the people’s Republic of China
The measures for the administration of registration refer to the measures for the administration of securities issuance registration of companies listed on the gem (for Trial Implementation)
Stock Listing Rules refers to the Shenzhen Stock Exchange gem stock listing rules (December 2020)
CSRC and CSRC refer to China Securities Regulatory Commission
The last three years, the first period and the reporting period refer to 2018, 2019, 2020 and January September 2021
The issuer’s lawyer and Chinese business lawyer refer to Guangdong Chinese business law firm
Certified Public Accountants and Lixin certified public accountants refer to Lixin Certified Public Accountants (special general partnership)
Registration and Clearing Company refers to Shenzhen Branch of China Securities Depository and Clearing Co., Ltd
Yuan means RMB yuan
Ten thousand yuan means ten thousand yuan
Also known as power electronic devices, power semiconductors are electronic devices that realize power supply and power conversion through the unidirectional conductivity of semiconductors. They mainly include power devices and power integrated circuits
The third generation semiconductor refers to the wide band gap semiconductor materials represented by silicon carbide (SIC), gallium nitride (GAN), zinc oxide (ZnO), diamond and aluminum nitride (AlN)
It has wide band gap, high breakdown electric field, high thermal conductivity, high electron saturation rate and higher radiation resistance, so it is more suitable for making high-temperature, high-frequency, radiation resistance and high-power devices. It is usually also called wide band gap semiconductor material (band gap width is greater than 2.2ev), Also known as high temperature semiconductor materials
SiC, the third generation compound semiconductor material, has the characteristics of high band gap (corresponding to high breakdown electric field and high power density), high conductivity and high thermal conductivity. Silicon carbide refers to silicon carbide wafer. As a semiconductor substrate material, silicon carbide based power devices and microwave RF devices can be made, It is an important basic material for the development of the third generation semiconductor industry
The financial data and financial indicators quoted in this letter of recommendation, unless otherwise specified, refer to the financial data in the consolidated statements and the financial indicators calculated based on such financial data; If there is any difference in the mantissa between the sum of the total part of this recommendation and the detailed figures, it is caused by rounding.
Declare that 1 interpretation Section 1 basic information of the issuer 5 I. Basic Information 5 II. Main business 5 III. core technology and R & D level 6 IV. main business and financial data and indicators 7 v. main risks Section 2 the issuer’s current offering 15 I. type of this securities issuance 15 II. Basic information of this issuance plan Section III sponsor representatives, Project Co sponsors and other project team members of this securities issuance and listing 18 I. The sponsor representative specifically responsible for this recommendation 18 II. Project Co sponsors and other project team members Section IV relationship between the sponsor and the issuer Section V commitments of the sponsor I. General commitment of the sponsor to the listing 2. The sponsor’s commitment to the listing one by one Section VI recommendation conclusions of the recommendation institution on this issuance and listing Section 7 decision making procedures for the performance of this securities issuance and listing 23 I. resolutions of the board of directors related to this offering 23 II. Resolutions of the general meeting of shareholders related to this issuance 23 III. The regulatory review and registration process performed by this offering Section 8 specific arrangements for the issuer’s continuous supervision after the listing of Securities twenty-four
Section 1 basic information of the issuer
1、 Basic information
Company name: Shenzhen Minde Electronics Technology Ltd(300656)
English name of the company: Shenzhen minde Electronics Technology Ltd
Listing place: Shenzhen Stock Exchange
Securities abbreviation Shenzhen Minde Electronics Technology Ltd(300656)
Securities code: 300656
Registered address: No. 1, floor 5, Section 1, building 25, industrial plant, science and Technology Park, Central District, high tech Zone, Nanshan District, Shenzhen
Office address: No. 1, floor 5, Section 1, building 25, industrial plant, science and Technology Park, Central District, high tech Zone, Nanshan District, Shenzhen
Legal representative: Xu Wenhuan
Registered capital before issuance: 119.79 million yuan
Unified social credit Code: 91440300758620182w
Business scope: setting up industry (specific projects will be reported separately); Technical development and design of computer software and hardware; Development and system integration of electronic communication products; Embedded chip, software development and system integration (the above items do not include processing, assembly and restricted items); China’s trade (excluding monopoly, exclusive control and monopoly commodities); Technical development and service of barcode scanning identification and printing equipment; Technical development and design of avionics equipment, automatic control equipment, unmanned aerial vehicles and ultra light aircraft; Aerial photography service (excluding restricted items); Operate import and export business (except for projects prohibited by laws, administrative regulations and decisions of the State Council, and restricted projects can be operated only after obtaining permission).
Production of bar code scanning identification and printing equipment (operated with effective environmental protection approval).
Company website: http://www.mindeo.cn./
2、 Main business
Since its listing, the company has been actively exploring new business growth points and promoting the continuous growth of the company’s performance through technological innovation, product innovation and business innovation. At present, the company has formed the company strategy of “deeply cultivating bar code identification and focusing on power semiconductors” and built a dual industry growth curve of “bar code identification + power semiconductors”.
Among them, the main products of bar code identification business include handheld bar code scanner, fixed POS scanner, fixed industrial scanner and other series of reading equipment for one-dimensional code and two-dimensional code information identification and reading. At present, it is widely used in the information management fields of retail, logistics, warehousing, medical health, industrial manufacturing, e-commerce and other industries; The company’s power semiconductor business is mainly power semiconductor design. The main products of power semiconductor design business include MOS field effect diode (MFER), super junction MOS, fast recovery diode (FRD), separated gate low voltage field effect transistor (sgt-mosfet), which are mainly used in photovoltaic inverter, power adapter, industrial PFC and other scenarios. In addition, the company also has some agency and distribution business of electronic components, mainly various passive components (capacitors, resistors, inductors and filters) and power and energy storage batteries. 3、 Core technology and R & D level
Since its establishment, the company has always regarded technological innovation as the foundation of survival and development, attached great importance to technological R & D and product innovation, and continuously strengthened human resource reserve and technology accumulation through the construction of endogenous R & D team and the introduction of external excellent technical team, so as to realize the breakthrough and development of the company’s business under the guidance of innovation, creation and creativity. At present, the company has built a dual industry growth curve of “bar code identification + power semiconductor”, and its main business covers bar code reading equipment, power semiconductor design, etc. the development of bar code identification industry and power semiconductor industry has realized mutual interaction.
In the field of bar code recognition, the company is one of the few enterprises in China that has mastered the complete technical systems such as program development of bar code reading equipment, algorithm design, application of operating system and development of small operating system, development of analog and digital customized chips, use of images and other sensors, development and application of wired and wireless communication protocols, The company has a series of core technologies on micro optical system design, bar code hardware such as special chips, and software algorithms such as image perception and image fuzzy recognition. Relying on these technologies, the company’s products have been fully localized on core components, forming a complete product line from one-dimensional to two-dimensional, from consumer field to industrial field, and have been widely recognized by customers.
In the field of power semiconductor design, the company has introduced a R & D team with Dr. Xie Gang as the core through holding wide micro integration. Its core technicians have explored the frontier of power semiconductor technology for many years, have profound academic background and rich production practice experience, and have formed a series of unique technologies, such as high avalanche resistance grooved Schottky diode enhancement technology Fast recovery diode reverse recovery time TRR consistency improvement technology, bulk diode reverse recovery charge qrr control technology of super junction field effect transistor, etc. relying on the above core technologies and unique power device process design, wide micro integration has formed a full series of silicon-based power devices covering 20v-1700v, including MOS field effect diode (MFER), super junction MOS The product lines of fast recovery diode (FRD) and separated gate low voltage field effect transistor (sgt-mosfet) not only realize a series of performance indexes such as low on voltage drop, low leakage current and high breakdown voltage, but also have high reliability, low cost and strong market competitiveness. At present, the wide micro integration MFER is specific
