On March 27th, Wentai Technology (600745) issued an announcement, according to the company’s future business plan and development strategy, and combined with the business development needs of the company’s wholly-owned subsidiary Hefei Zhongwen Jintai Semiconductor Investment Co., Ltd., the company plans to The capital increase of Hefei Zhongwen Jintai was increased by RMB 50,000 million. After the capital increase is completed, the registered capital of Hefei Zhongwen Jintai will increase to RMB 505 million. The company still holds 100% of its equity.
Holding company has heard that the world has already been semiconductor
Wentai Technology (600745) is the leading enterprise in the mobile ODM industry and is also the only mobile ODM listed company in the A-share market. According to the official website of Wentai Technology, Wentai Technology is China's leading eco-platform for mobile terminals and smart hardware industry. Its business scope covers mobile terminals. , Smart hardware, notebook computers, virtual reality, car networking, automotive electronics and other areas of the Internet of things, R & D and smart manufacturing, customer base all over the world, and the majority of mainstream brands in the industry to maintain a deep relationship of cooperation.
According to previous media reports, Wise Technology (600745)'s holding parent company, Lhasa Wen Tianxia Investment Co., Ltd. had already invested heavily in the semiconductor industry. For example, it has participated in the privatization of OmniVision, a world-renowned image sensor company. , as the single largest shareholder; invested in the global discrete device, the main supplier of logical devices, Nexperia, as the second largest shareholder.
Semiconductor Fund has already become a strategic shareholder
On December 21, 2017, Wentai Technology issued an announcement to transfer the 35.10 million shares held by the original shareholders to the Shanghai Silicon Enterprise Management Partnership Enterprise (Shanghai Wu Yuefeng Phase II IC Investment Co., Ltd. holds 99.99% of the shares). So far, the company's former real-manager camp has basically exited, and the old and new shareholder interests of Wentai Technology have finally been straightened out. At the same time, the introduction of semiconductor capital may indicate that the future ODM leader Wentai Technology will penetrate into the semiconductor industry.
According to public information, the Shanghai Silicon Enterprise Management Partnership (Limited Partnership), whose main controlling party is Shanghai Wuyuefeng Phase II IC Investment Co., Ltd. (holding 99.9%), is more eloquent. It is understood that Wu Yuefeng Capital was established in 2011, and its three founders can be described as 'prominent background'. Two of them are Wu Pingzeng, one of the founders of Spreadtrum Communications, and Pan Jianyue, President of New Asia Technology, Asia Pacific. Deep-seated high-tech fields for many years, at the same time have a broad international perspective.
In terms of specific businesses, Wu Yuefeng Capital focuses on equity investments in the most explosive new industries such as integrated circuits, advanced manufacturing and other industries, and has a prominent reputation in the semiconductor industry, in Beijing, Shanghai, Shenzhen, Zhejiang and Jiangsu, and California. There is an investment team. In 2014, the company signed a letter of intent with Shanghai Venture Capital Fund and jointly initiated and established Shanghai Wu Yuefeng Integrated Circuit Information Industry Venture Capital Fund with a total amount of 10 billion yuan. In 2015, it joined hands with Yizhuang SDIC and Huachuang Investment. The American Silicone Semiconductor (ISSI). Since then, not only has the investment layout in the semiconductor field, but also successfully held a high-end summit of the semiconductor industry many times, its influence is evident.
From the background of the above shareholders, Wing Thai Science and Technology introduced the Shanghai Silicon Silicone shareholder Wu Yuefeng IC IC Investment Co., Ltd. seems to have the intention of going further into the semiconductor field.
Broad prospects for semiconductors, Wentai also has potential for childbirth
Wingtech and its chip giant Qualcomm have maintained a close cooperative relationship. It is understood that in August of this year, several Qualcomm executives also visited Wingtech and conducted in-depth communication with Chairman Zhang Xuezheng. On the basis of the research and development of Qualcomm, Wentai has had a significant impact in the global new platforms, new technologies such as mobile phones, VR/AR, car networking/car electronics, tablet computers, notebook computers, etc. According to the report, WingTai Communications has started to research and develop laptops based on Qualcomm's chip platform with the support of Qualcomm, and has proposed a new concept of “mobile phone” for notebooks, formally entering the “Pen and Laptop” industry.
It has been observed that as the competition in the mobile ODM industry has intensified in recent years, the Matthew effect of the industry has become increasingly prominent, and the stronger ones have become stronger. Under such circumstances, even leading companies that have already grabbed stalls are still afraid to relax and are accelerating. To carry out a diversified business layout. As a giant enterprise of mobile ODM, it has a close relationship with the semiconductor industry.
From the perspective of the semiconductor industry, it is well-known that, driven by emerging applications such as Internet of things and automotive electronics, semiconductors will continue to maintain rapid growth in the future, especially as China’s largest downstream demand and manufacturing market, and the Chinese government’s semiconductor industry. With strong support, the semiconductor industry in Mainland China may become the fastest growing region in the global semiconductor industry. After ODM leader Wentai has deployed mobile phones, laptops, VR, car networking, and mobile smart terminals, it is necessary to deepen its reach. The more core competitiveness of the semiconductor industry is also a natural choice.
Therefore, whether it is from the advantage of Wentai Technology's multi-industry layout, or from the bright prospects of semiconductor development, it seems that it has the potential to penetrate into the semiconductor industry. In the future, Wentai Technology will diversify its original business and make a great profit. Under the momentum, perhaps it is also possible to lay out more relevant core industries.
2. Dongshan Precision intends to set up an IC fund to purchase 70% of Hefei Guangxin;
According to the micro-network news, Dongshan Precision announced today that it intends to form a joint acquisition entity with its controlling shareholder, actual controller, and Chairman Yuan Yonggang, or the company it controls, and other third parties, through the establishment of a fund to jointly auction Hefei Guangxin Semiconductor Industry Center (Limited Partnership) is 70% of the partnership interest, and the transferor is Hefei Corestar's limited partner, Hefei Core Screen Industry Investment Fund (Limited Partnership). The company's capital contribution is expected to not exceed US$150 million.
The company plans to sign a "cooperation framework agreement" with Hangzhou Hanhua Investment Management Co., Ltd., Hangzhou Minhangxi Investment Management Partnership (Limited Partnership), and Shanghai IC Industry Investment Fund Management Co., Ltd. to establish a joint investment in integrated circuits. Funds of the downstream industry chain. The fund will participate in the acquisition of Hefei Guangxin Semiconductor Industry Center (Limited Partnership) property share to be sold by Hefei Core Screen Industry Investment Fund (Limited Partnership).
Hefei Guangxin directly holds 42.9404% shares of Hefei Yuxin Holdings Co., Ltd. (hereinafter referred to as 'Hefei Yuxin'). Hefei Yuxin's main business is through its controlling subsidiary Hong Kong Yucheng Co., Ltd., responsible for NexperiaB.V. (Anshi Semiconductor The operation of the company. The company's business is a divestment of the NXPS Semiconductors StandardProducts business (hereinafter referred to as 'the Sigma project').
According to the announcement, if this joint controlling shareholder and third party can successfully transfer 70% of the interest of Hefei Guangxin Limited Partnership, it will be beneficial to further enhance the company's market competitiveness and profit growth point. If the future Ansa Semiconductor related assets can be injected The company will help enhance the profitability of both parties and increase the profitability of both parties. The company has overseas acquisitions, integration and management experience, which contributes to the synergy effect of both parties and the continuous and stable development of the Sigma project.
3. BYD's net profit in 2017 was 4.066 billion yuan, down 19.51% year-on-year;
On March 27th, BYD released the 2017 annual report. The company's 2017 revenue for the full year was 105.917 billion yuan, an increase of 2.36% year-on-year; net profit for the year was 4.066 billion yuan, a year-on-year decrease of 19.51%. Revenue from the energy and automobile business was approximately RMB 39.06 billion, an increase of 12.83% year-on-year, accounting for a further 36.88% of the company's revenue.
According to the disclosure, due to the subsidy of new energy vehicles, the profitability of this business, especially the electric bus, has dropped significantly, which has brought greater pressure on the overall profitability of the company. Traditional car sales are expected to achieve rapid growth, but market competition Still fierce, to some extent affected the profitability of traditional automotive business.
However, in 2017, revenue from BYD's mobile phone parts and assembly business was approximately RMB 39.7 billion, which represented an increase of approximately 4.27% year-on-year. BYD’s technology and mature technology in the field of metal components received high-end flagship model orders from leading smartphone manufacturers. It provides metal housings and metal middle frame products. At the same time, BYD emphasizes that: 'In 2017, we will actively develop 3D glass housing business, make sufficient technological reserves and production capacity distribution, and successfully win orders from domestic and foreign leading mobile phone manufacturers and achieve mass production. Shipping, for the company to cultivate new revenue growth. '
4. Jucan Optronics had a net profit of 110 million yuan in 2017, an increase of 81.53% year-on-year;
On March 27th, Jucan Optoelectronic released its 2017 Annual Report. The company achieved an operating income of RMB 6,624.844 million, a year-on-year increase of 29.32%, a total profit of RMB 127.598 million, an increase of 83.71% year-on-year, attributable to the shareholders of the listed company. Net profit was RMB 110,025,500, an increase of 81.53% over the same period of last year.
The main business of Polycan Optoelectronics is the development, production and sales of LED epitaxial wafers and chips. The main products are GaN-based high-brightness blue LED epitaxial wafers and chips. During the reporting period, it was fully recovered by the industry, and the growth in customer demand and scale effect. Promoted, the company's gross profit margin increased significantly, and its operating performance increased significantly. In addition, Polycan's optoelectronic products are located in the upstream of the LED industry chain, with high technical thresholds and added value. The high-brightness blue LED chips produced by the company can be widely used after downstream packaging. High-end applications such as backlighting and lighting.
5. Fenghua High-Tech had a net profit of 208 million yuan last year, an increase of 49.51% year-on-year;
According to the micro-network news, March 27th, Fenghua Hi-Tech released a performance report. From January to December 2017, the company achieved operating income of 3.355 billion yuan, an increase of 20.94% year-on-year, and the average operating income growth rate of the semiconductor and components industry was 21.19%; The net profit of shareholders of listed companies was RMB208 million, an increase of 49.51% year-on-year, and the average net profit growth rate of the semiconductor and components industry was 26.75%. Fenghua Hi-tech said that benefiting from the favorable market conditions for passive components, the company's initial investment performance was gradually released and the company was strengthened. The positive impact of comprehensive factors such as management and control, the company’s main product, MLCC, has led to a shortage of orders for chip resistors, a significant increase in product sales, further expansion of production capacity, steady improvement in industrial technology, further optimization of product structure and customer structure, and the company’s 2017 ownership. The net profit of the parent company owner increased over the same period last year.
Fenghua Hi-Tech Co., Ltd. is a leader in passive components such as domestic MLCCs. Driven by the shortage of goods from MLCC, Fenghua Hi-Tech released an announcement in October last year that it will invest nearly RMB 300 million in MLCCs, and expand production only with stacked inductors. Change the project, and clearly stated that the company's main products, MLCC and inductors, are still unable to meet the market order demand due to their current delivery and delivery speed.
It is understood that Fenghua Hi-Tech's MLCC has experienced three rounds of price increase since the second half of last year, with an overall increase of 25% to 30%. The price of some products has exceeded 10 times, and the company's MLCC orders have been scheduled for the third quarter of 2018. The company also proposed to initially complete the industrial upgrading during the “Thirteenth Five-Year Plan” period, achieving a double-billion target of '10 billion in total assets, 10 billion in annual sales'.
6. Shengyi’s net profit for 2017 was 1.075 billion yuan, an increase of 44% year-on-year;
On the evening of March 27, Shengyi Technology released the 2017 financial report. The company achieved operating revenue of 10.752 billion yuan last year, an increase of 25.92% year-on-year; net profit attributable to shareholders of listed companies was 1.075 billion yuan, an increase of 43.63% year-on-year.
In the past year, the electronics industry has benefited from the high demand for high-end smart phones and automotive electronics, as well as 5G infrastructure construction expectations, OLED applications, and virtual currency digging in the face of rising raw material prices and increasingly stringent environmental protection storms. Driven by the demand for miner's machinery, the global PCB output increased rapidly in 2017.
Shengyi Technology continued to benefit from the overall environment. In 2017, Shengyi Technology produced various types of copper clad laminates with a total of 81,826,100 square meters, an increase of 11.94% over the same period of the previous year. Production of bonding sheets was 10,615,100 meters, an increase of 10.45 over the same period of the previous year. %. Sales of various types of CCL 77.9989 million square meters, an increase of 6.61% over the same period of the previous year; Sales of adhesive wafers 105.054 million meters, an increase of 10.04% over the previous year; Production of printed circuit boards 9,872,700 square feet, year-on-year Growth 14.42%; Sales of printed circuit boards 9.719 million square feet, an increase of 14.22% over the previous year. Operating income of 10.7515541100 yuan, an increase of 25.92% over the previous year.