Mo Shu-ting by each reporter edited by Chen Junjie
On the evening of November 22, Top Tech (603160, SH) announced that it has obtained strategic investment from National IC Investment Fund Co., Ltd. (hereinafter referred to as "Major Fund"), meanwhile, Zhang Fan, the controlling shareholder of Hunting Tech, announced that it has increased its shareholding in Top Technology 1 % Shares.
Exchange top transfer of 6.65% stake
It is understood that Huifa International (Hong Kong) Limited (hereinafter referred to as Huifa International), Hugh Hughes Exchange letter equity investment management partnership (limited partnership) (hereinafter referred to as Huixin Investment) and the large fund in November 2017 22 On the day of signing the Share Transfer Agreement, HuisFever International proposed to hold 22,712,900 shares of Wintop Technology (representing 5% of the total number of shares of the Company), and Whickey Investment proposed to allocate 7,487,100 shares of Wintop Technology (representing the total number of shares of the Company 1.65%), transferred to the transferee large fund.
The announcement shows that all parties agree that the consideration for the transfer of shares of the top technology shares will be based on 90% of the closing price of the top technology stocks on November 21, 2017. The consideration for each share of the top technology shares is RMB93.69 and the transfer of the international proceeds The consideration was 2.128 billion yuan, the exchange consideration of the letter investment was 701 million yuan.
"Daily Economic News" reporter noticed that MediaTek is the actual controller of Huishang International. Before the change of equity, Huishang International and Huixin Investment held 20.91% and 9.47% shares of Huitian Technology respectively, after the change of equity, Huifa International, Huixin Investment and Big Fund hold 15.91%, 7.82% and 6.66% of the shares of Huitian Technology respectively.
In addition, prior to the transfer of this agreement, on November 22, 2017, Huixin Investment has reduced its shareholding by 2,596,900 shares (accounting for 0.57% of the total number of shares of Huntingtech) through the trading system of the SSE with the reduction price of 93.69 Yuan / share.On the same day, the controlling shareholder of the top science and technology Zhang Fan is the block trade holdings of 1% stake in the top technology, holdings of average price of 93.69 yuan / share.
Large fund participation in the industrial chain layout
Over the years, "lack of core and less screen" has always been a 'pain' for China's electronic information industry. In order to promote the development of the semiconductor industry, since its establishment, the major fund has continued to play a dual role of industrial support and financial investment: on the one hand, The investment projects cover the entire industrial chain of integrated circuit design, manufacturing, package testing, and equipment, helping a batch of leading companies to enter the top tier in the world. On the other hand, by participating in overseas acquisitions, transferring agreements, increasing capital before IPO, Other ways to participate in the layout of the industrial chain.
Jibbon consulting semiconductor analyst Zhang Ruihua pointed out that the policy support for the semiconductor industry in 2014 is a watershed in 2014. In June 2014, the government released the "National IC Industry Development Promotion Program", the same year in September, the founding of a large change past tax land discount Subsidies, R & D incentives, for the first time to promote industrial development fund through mergers and acquisitions and other market-oriented investment, improve the semiconductor industry, technical standards and international competitiveness.
According to the "China Semiconductor Industry Deep Analysis Report" released recently by Jibbon Consulting, the output value of semiconductors in China will reach 517.6 billion yuan in 2017, an annual increase rate of 19.39%. It is estimated that it is expected to challenge the record high of 620 billion yuan in 2018 and maintain a 20% Annual growth rate; This will be much higher than the 3.4% growth rate of the global semiconductor industry in 2018.
"Daily Economic News" reporter noted that, as of the signing of this report as of the date, in addition to the top science and technology, large fund total holdings of 5% of the shares of 10 listed companies, involving two Hong Kong listed companies, 7 A Equity-listed companies and a US-listed company.
As a member of the semiconductor industry chain, the company is mainly engaged in the research and development of intelligent human-computer interaction and biometrics, and mainly provides the market with capacitive touch panels and fingerprint identification chips for mobile smart terminals such as mobile phones and tablet PCs.
Announcement shows that the acquisition of shares of the top fund giant technology, is to play a big fund to support the national IC industry's leading role in supporting top technology to become a global leader in human-computer interaction and biometrics, to further enhance its research and development capabilities And technological level, and promote the industrialization and application of the top-of-the-range scientific and technological products, thus forming a benign self-development capability and driving the overall development of the national integrated circuit industry while creating a good return for the investors of major funds.
Wang Li, director of the top technology exchange, told the Daily Economic News reporter that as a strategic investor, the big fund is expected to bring more resources to the integrated circuit industry chain.