★ Mobile phone stocks were 'killed', oversold bounce
Last week, U.S. President Trump launched a 301-segment swipe on mainland China and imposed high tariffs on goods sold in the United States for up to 60 billion U.S. dollars. When the news came out, investment fears erupted, and A shares blew up electronically. The "wrong concept of mobile phone stocks" in the Sino-US trade wars. Actually, most domestic A-share electronics companies are not export-oriented, and many of the components are still based on 'domestic sales'. Shen Wanhongyuan believes that Trump touched The U.S. trade war, panic sentiment and the 'domestic-oriented' A-share electronics, many of which have become 'wrong concept' stocks, are expected to wait for panic relief before recognizing that 8-inch wafers are full, indicating 2Q2018 The off-season of electronic components is not thin, and the "wrong concept stocks" of Sino-US trade war will rebound.
★ Sun Hongbin claimed that there are still three roads left to solve the LeTV problem
On March 26th, Sun Hongbin stated that there are still three remaining solutions to the LeTV problem: The first is the bankruptcy and restructuring. This does not affect the listing status and is a mature solution. However, this requires the supervisory level, the Beijing government, and the court to support the tripartite party; It is to sell assets to pay off debts and maintain its listing status, but now there are no assets to sell. If there is still a loss, the final result may still be delisting. Third, the last is the delisting. I do not want to see the delisting. The delisting is not delisting. I said no, but based on the GEM delisting rules. Now LeTV, it is very likely that the net assets will be negative and there will be great risk of delisting.
★ Zhuosheng Microelectronics enters the IPO channel, Samsung is the largest customer
On March 23, the website of the China Securities Regulatory Commission released the Zhuosheng Microelectronics prospectus, which showed that Zhuosheng Micro officially entered the IPO approval channel. Zhuosheng Micro's main business is the research, development and sales of RF front-end chips, mainly providing RF switches to the market. , RF front-end chip products such as RF low noise amplifiers, and provide IP licensing, used in smart phones and other mobile smart terminals. Currently, Zhuo Shengwei has developed into a major competitor in the Chinese RF front-end chip market, and has established a strong With brand influence, the company's RF front-end chips are used in Samsung, Xiaomi, Huawei, Lenovo, Meizu, TCL and other terminal manufacturers' products, of which Samsung is the company's largest customer.
★TCL establishes domestic and foreign strategic investment funds
On March 23, TCL Group issued an announcement that, in order to further promote the transformation and transformation of the company, TCL Group and Shenzhen Huaxing Optoelectronics Technology Co., Ltd. and TCL Multimedia plan to jointly create an overseas M&A fund with a target size of US$75 million and RMB 201 million. Large-scale domestic M&A funds. The TCL Group stated that investment funds mainly hope to create a synergistic industry through global investment and TCL Group's business through specialized management and market-oriented operations, especially in semiconductor display, next-generation multimedia and communications. In the field, companies and start-ups with revolutionary technologies acquire financial gains while investing and integrating around the company's industries through the fund, strengthening the company's core competitiveness in the main business, and accelerating the company's industrial upgrading and growth.
★Equipped with a record high revenue in 2017, Huanxu’s net profit exceeded 1.3 billion yuan
On March 23rd, Huanxu Electronics released its 2017 annual report. The company's 2017 revenue was 29.706 billion yuan, a year-on-year increase of 23.86%. Net profit was 1.314 billion yuan, a year-on-year increase of 63.1%. It was disclosed that in 2017, the annual integration of Universal Electronics Revenue reached a record high, with revenue growth in consumer electronics growing. As storage products increased shipments of new customer products, industrial products returned to normal due to decline in revenue in 2016 as customer products were in the alternating period of old and new products. Growth; The overall prosperity of the automotive electronics industry increased, driving the company's revenue growth, while the company cut into the domestic customers also have revenue contributions; Computer products as the market tends to stabilize, with a slight decline in revenue.
★ Chun Hing Seiko: Expected first-quarter net profit to drop 50%-100% year-on-year
Chunxing Seiko announced recently that it expects its first-quarter net profit to decline by 50%-100% year-on-year. Reasons for changes in performance: In the first quarter of 2018, the company's business conditions improved, profitability of component distribution business increased substantially, and consumer electronics business through refined management. Reduce costs, achieve loss reduction, and reduce overall costs.