Li Jun
As China's top institutions of higher learning, Tsinghua University in the investment, naturally also far ahead of the same industry.On the recent assets is to enter the crazy value-added stage.December 27, Purple Light Holdings (00365.HK) after another placards The company, its share price suddenly soared 55.73%, to close at HK $ 2.99.
Shares of Legend Holdings (03396.HK), which Violet Holdings bought in large quantities recently, also skyrocketed in a day. SMIC (00981.HK) also ended its major adjustment in November and began to regain its upward trend in December. It even topped the net profit of Hong Kong stocks Buy the top spot, purple holdings naturally lucrative.In the evening of December 27, the person in charge of the relationship between investors IRS in response to the first financial reporter inquiries, said it is not clear why the sudden soaring stock price, if required by the HKEx Then there will be a related announcement.
The investigation of the first financial reporter found that the acquisition of Legend Holdings and SMIC International Holdings, there is indeed a strong strategic layout considerations, and 'Tsinghua University' already owns purple core (002049.SZ), and the Purple Holdings buy Into SMIC, 'Tsinghua University' is considered in the semiconductor industry to have a more comprehensive layout considerations, how to achieve chip localization, but also related to the prospect of China's industrial restructuring and upgrading.
Fully placarded Legend Holdings SMIC
Semi-annual report shows that the main business is "design, manufacture and distribution of SMT production and related equipment and financial leasing and factoring business." Violet Holdings for many consecutive days to buy Legend Holdings, which rose to the outside world attracted the attention of the public , Legend Holdings soared more than 70% within six trading days, up another 9.15% on the 27th, the latest to close at 34.6 Hong Kong dollars.
About Purple Holdings and Legend Holdings soaring, Broad Capital Chief Executive Wen Tianna to the first financial reporter said that the purple holding a continuous licensing two large-scale companies, holdings of purple holdings of the operation of the enterprise understanding, buy Whether the process on behalf of the Group has a greater distribution of purple, the company's share price performance, etc., need to wait for time to verify.
Company announcements and other public information shows that the actual control of Tsinghua University Purple Technology Strategic Investment Co., Ltd., currently holding 67.82% Purple Control; and Legend Holdings 29.04% of the shares held by the State-owned Assets Management Co., Ltd. of the Chinese Academy of Sciences, Purple Holdings and Lenovo Holdings, the two companies, have a strong academic background of academic color.
In July 2016, Liu Chuanzhi once said that the market does not understand Lenovo Holdings' business and still stays in the Lenovo Group engaged in IT business .In fact, Legend Holdings invested in a large number of financial enterprises. Last year, after Liu Chuanzhi's remarks, Lenovo Holdings started One round of soaring inflation, while the surge in the last two weeks, was mainly due to the holdings of Ziguang Holdings.
On December 23, the day after it halted the overweight of Legend Holdings, Ziguang Holdings increased its holdings of SMIC to nearly HK $ 50 million and Ziguang Holdings took a long-term buy of SMIC from December 2016 to June 2017 Buy, until the announcement in August 2017 constitutes a plaque.And behind the purple holding, led by Ziguang Guo Group chairman Zhao Weiguang 'Purple Series' in recent years known as the generous in the capital markets.
On the evening of December 22, Purple Light Holdings announced that it had purchased 1.59 million shares of Legend Holdings at a total consideration of HK $ 50,139,700, equivalent to approximately 0.41% of the issued share capital of Legend Holdings H shares. Within the preceding 3 days, Purple Light Holdings Limited has purchased consecutively Lenovo Holdings 292 shares.
Another reason for the soaring share price of Legend Holdings is the expectation of a wholly-owned pilot Pilot H-share company. At the end of June this year, the Mainland signed a new round of CEPA with Hong Kong (CEPA) to establish Closer Economic Partnership Arrangements (CEPA), including In addition, some media reported that Legend Holdings had a stake in Big Hit Entertainment, due to the recent bursts of bullet-proof juvenile group, interested in homeopathic IPO, access to market capitalization; but Legend Holdings notice said the H shares Full circulation and the listing of South Korean companies are not aware of the news.
On August 2, 2017, Purple Light Holdings announced that it had purchased a total of 10,766,000 SMIC shares through a series of transactions between December 2, 2016 and June 30, 2017. Among them, From February 28 to June 30, 2017, SMIC purchased 654.5 million shares in seven installments, failing to reach a 5% drawdown, but with the previous purchase share, it has reached the highest bid.
A-share listed company Guiguangguo (002049.SZ), whose main business is' IC chip design, development, sales and technical services; development, production and sales of high-brightness light-emitting diode Sales of piezoelectric quartz crystal device ', purple core from Tibet Ziguang Chunhua Investment Co., Ltd. holds 36.39% (the actual controller is Ziguang Group, Tsinghua Holdings Co., Ltd.), Tongfang Co., Ltd. shares of 4.76% purple core.
Purple Light Holdings believes that the acquisition of SMIC and Lenovo Holdings is an attractive investment, helping to enhance the company's return on investment. Legend Holdings said, 'Welcome to recognize Legend Holdings brand and value of the market investors to become our Shareholders
'Purple' comprehensive layout of the semiconductor?
As one of the important components of the 'Tsinghua Department' investment territory, the acquisition of SMIC by Ziguang Holdings, a subsidiary of Ziguang Group, does not seem to be as simple as raising the return on investment. On December 27, SMIC rose 2.66% Surprisingly, the total market capitalization of only 600 billion Hong Kong dollar company, boarded the Hong Kong stock market net buy first, the net capital of the mainland reached 361 million yuan, the total turnover of Hong Kong stock exchanges nearly 800 million yuan, accounting for the total day Turnover of 73.58%.
According to the statistics of the Customs, in 2016, China's total chip import volume reached as high as 227.1 billion U.S. dollars, equivalent to RMB About 1.5 trillion. How to achieve chip localization, to achieve industrial restructuring and upgrading, as the country's top talent gathered in the 'Tsinghua University' is naturally duty-bound, of which the Violet and SMIC are undoubtedly one of the important role.
Bohai Securities analyst Xu Yong believes that in recent years the global semiconductor market has grown rapidly, but due to the weakness of China's semiconductor companies, this round of high growth mainly by foreign giants to benefit China's semiconductor companies in terms of profit margins or absolute value are in competition Disadvantages, most of the semiconductor companies are still in the industry to catch up with the end state, it is difficult to explosive growth.
Ziguang Group official website: 'Violet Group Chairman Zhao Weiguo explained the chip industry on China's economic development, an important strategic significance.' 'Although the chip is small, it is restricting the current economic development of China's supply side of one of the largest short board, and this Embarrassing situation with the construction of this plant is completed and broken .2018, China's first three-dimensional flash memory chips with independent intellectual property rights will be mass production here. 'Zhao Weiguo said:' (three-dimensional flash memory chips) from scratch This will not only fill the gaps in the domestic market and break the monopoly, but will also raise the overall level of the Chinese chip industry and then rewrite the global pattern of the chip industry.
Compared with Legend Holdings, SMIC is clearly more in line with the development strategy of "violet system." SMIC official website said that the company is the world's leading integrated circuit foundry business, but also the largest in Mainland China, the most technical Advanced IC Fab foundry business SMIC Interim Report 2017 shows a total revenue of approximately US $ 1.544 billion for the first half of 2017, representing an increase of 16.6% over the same period of last year and a gross profit of 415 million U.S. dollars, representing a year-on-year increase of approximately 11.7% %.
SMIC previously announced on 29 November that it intends to place approximately 241 million new Placings at a price of HK $ 10.65 per share The gross proceeds will be approximately HK $ 2.57 billion and the net proceeds from the Placing (after deducting fees, commissions and expenses ) Will be about 2.55 billion Hong Kong dollars in this allotment, the National Integrated Fund and Datang are preferred to subscribe at the same time, SMIC completed the issuance of 65 million US dollars perpetual subordinated convertible securities.
According to Xu Yong, an analyst at Bohai Securities, chip companies in mainland China have the advantages of scale and cost, and the overseas orders they attract have continued to increase. Currently, the phenomenon is that chip companies in mainland China continue to expand their production rapidly in response to the growing demand .Especially domestic-made equipment gradually Instead of imported equipment, the domestic chip production costs more advantages.
In addition to the 'purple series', the 'Tsinghua University' also includes a number of listed companies 'with the Department of the same line' and 'Enlightenment' Department of Business data show that at present, Tsinghua Holdings, Ziguang Group holds 25.42% stake in Tongfang shares, 2.35 % Stake.