In 2017, with the massive emergence of the ICO, bitcoin prices have been rising all the way and constantly refreshing their all-time highs. Recently, regulators said: ICO has emerged in a large number, speculation and speculation prevails, allegedly engaged in illegal financial activities, seriously disrupted the economic and financial order. , The regulators took measures to stop the ICO, shut down the virtual currency exchange, and require all localities to guide the enterprises in the jurisdiction to withdraw from the mining business in an orderly manner.
With the continuous deepening of supervision on virtual currency and mining business in China, the listed companies that have been involved in relevant businesses have also taken actions one after another. Ever since the deep science and technology (000021, SZ) of mining machine output reached 150,000 units in January 2018, Now it has chosen to silence and refuse to talk about mining machine production business. Aikang Technology (002610, SZ) stripped its stake in subsidiaries involved in mining business. China Great Wall (000066, SZ), which is involved in mine power production, also said it will follow the policy While the bitcoin price has dropped from the high of around 20,000 U.S. dollars in mid-December last year to about 6,000 U.S. dollars now. Volatility can not match any financial product.
Virtual currency regulation toughened
In September 2017, the central bank and other seven departments jointly issued a public notice suspending various types of tokens issuance and financing activities, including the ICO. After the halt of the ICO, the regulators attacked again and asked to shut down all the virtual currency exchanges in China At this point, all the way triumph of the virtual currency transaction, in the country was pressed the pause button.
Since then, the regulators turned their attention to the mining business.In January 2018, the mutual-aid remediation office issued a document requiring the local remediation offices to actively guide the enterprises in the jurisdiction to exit the 'mining business' in an orderly manner and reported the current mining 'The basic situation of enterprises and to guide the withdrawal, and request regular progress after the submission.
In the wake of escalating virtual currency regulation, the underlying technology - the blockchain - has been highly sought after in the capital markets in early January, of which Shenzhen Tech, which is classified as a "blockchain concept" by the market, However, after the regulators asked for the companies that have announced the blockchain, Shenzhen Technology will facilitate the release of the "Notice of Voluntary Disclosure" on January 14 and the report of " R & D investment in the field of block chain has not yet formed the relevant technology '.
However, in the announcement, deep technology has admitted that the company is one of the well-known manufacturer of bitcoin mining machine products in January 2018. In January 2018 mining machine output of about 150,000 units, and said the company from November 2017 to import the item Business, so far still in the lead-in period.January 17, deep science and technology in the investor platform further explained that the company is currently only responsible for OEM, not responsible for marketing and sales.
On January 25, when the reporter of "Daily Economic News" called Deep Science Technology and asked about its mining machine manufacturing business, the staff of the Office of the Secretary of the General Office responded by saying: 'Now the regulation is very strict and we should not mention the mining machine. We reject Talk about any bitcoin thing.'The reporter asked whether the company will continue to layout the mining machine production business in the strict regulatory background? The staff then silence, do not respond, and then hang up.
In addition, the reporter learned that IAC Technology Holding subsidiary of Xinjiang Aikang Hui Cheng Information Technology Co., Ltd. (hereinafter referred to as Xinjiang Hui Cheng), the use of some operation and maintenance business management more than 10,000 Taiwan mining machine .But on January 11 , Icahn said science and technology, in response to the mutual aid Rencaixin around the government requirements to 'guide' entities within the jurisdiction of enterprises 'order to withdraw' mining business spirit, the company has sold 100% stake in Xinjiang Huicheng, the transfer price of 60 million Yuan, revenue is about 41.63 million yuan.
China Great Wall: will follow the policy direction
It is understood that the world's top three virtual currency miner maker BitTorrent, Jia Nan Yun Zhi and billion state science and technology are Chinese companies, the three include more than 90% of the global mining machine market share.Although the domestic virtual currency and digging Mining regulation is escalating, but soaring virtual currency prices such as bitcoin are still attracting 'gold diggers' from around the world, and 'made in China' miner sales are also on the rise.
Mining machine sales are hot, the opportunity brought by the domestic electronics industry chain should not be underestimated. Regardless of the upstream chip manufacturing, or IC packaging and testing, EMS manufacturers, passive original, PCB industry chain are quite good .Hotong Securities Research reported It is estimated that the market volume of chip-sealing and testing of mining machinery in 2017 will be between 900 million yuan and 1.1 billion yuan. It is estimated that the market size of chip-sealing and testing of mining machinery will be between 3.63 billion yuan and 9.98 billion yuan in 2018, and the neutrality is estimated to be 60 100 million yuan.
On January 14, China Great Wall replied to investors on the interactive platform. In 2017, in the emerging blockchain digital currency mining machine market, relying on its strong technical reserve and sound resource integration capability, the Great Wall's kilowatt-class giant Dragon series power come out on top, with nearly 80% market share beat the pack, becoming the benchmark of China's high-performance digital mine machine products; for sales are commercial secrets, temporarily inconvenience disclosure.
The reporter learned from the semi-annual report of the Great Wall of China in 2017 that its operating revenue of power products in the first half of 2017 was 13.23 billion yuan, up nearly 30% over the same period of last year. On January 26, the Great Wall of China told reporters that at present, The total business data of power products have not yet made statistics on the single business of mining machine power supply, but the power of mining machine of the Company has indeed been affected by the growth of domestic mining machine sales business.
As to whether the future will continue to increase the business layout of mining machine power sources, the Great Wall of China said, 'Because the sustainability of this form (bitcoin hot spot) may need to be further studied, the company's power product division will have its own Planning. "In the face of the state regulatory escalation of mining operations, it said: 'Our company does not directly participate in the mining machine production business, just to provide a part, if there is a new regulatory policy in the future, the company will be in accordance with state regulations At the request of the government, we will rectify the related business. '