It is no surprise that the Chinese company’s acquisition of the best semiconductor assets in the world, NXP’s standard product business, or an independent company called Nexperia (Chinese “Anshi Semiconductor”) will be settled on the mobile phone ODM leader Wentai Technology.
On April 23, Anhui Hefei Public Resource Exchange Center announced that it was entrusted by Hefei Core Screen Industry Investment Fund (Limited Partnership) and it announced on March 15 that it had announced the public transfer of part of Anshi Semiconductor’s investment shares. The transferee amounted to 11.435 billion yuan on the day of confirmation of the transferee, namely Hefei Zhongwen Jintai Semiconductor Investment Co., Ltd., Yunnan Provincial Urban Construction Investment Group Co., Ltd., and Shanghai Silicon Valley Enterprise Management Partnership Enterprise (Limited Partnership) consortium.
This means that the Hefei Guangxin Fund, which has attracted much attention, has been transferred to 70% of its shares and has been underwent by Wentech. Wentai Technology has become the largest shareholder of Anshen Semiconductor.
Double premium, 11.4 billion won 70% share of Guangxin Fund
On March 15, Anhui Hefei Public Resource Exchange Center announced that it plans to publicly transfer the fund share of Hefei Guangxin Fund 493,664,360,659 (about RMB 5 billion).
Subsequently, Anhui Hefei Public Resource Exchange Center issued a re-issuance announcement that Hefei Guangxin Fund’s share of 493,664,360,659 yuan was publicly transferred. The bids for the subject will start at 9:00 on March 15 and end at 17:00 on April 12, with the transfer price. Up to RMB 7 billion.
After the public transfer of the 5 billion fund shares of Hefei Guangxin Fund was quickly released, it quickly attracted the attention of all parties. Many listed companies have issued announcements and are eager to become transferees. Ansemi is led by Jianguang Assets in 2016. The Chinese consortium acquired NXP's standard parts business for US$2.75 billion (about 18.1 billion yuan). It is mainly engaged in the research, development, production and sales of general-purpose semiconductor discrete devices, logic devices and power MOS devices. Its products are mainly used in automobiles and Communication and other fields.
Today, Hefei Zhongwen Jintai Semiconductor Investment Co., Ltd., Yunnan Provincial Urban Construction Investment Group Co., Ltd., and Shanghai Silicon-German Enterprise Management Partnership (Limited Partnership) consortium successfully bid. The transaction price of the 5 billion fund shares of Hefei Guangxin Fund becomes 114.35 Billion yuan means that the Hefei premium has more than doubled.
Take advantage of position, Wingtech became the largest shareholder
According to the statistics, Hefei Zhongwen Jintai Semiconductor Investment Co., Ltd. is a wholly-owned subsidiary of Wentai Technology, an A-share listed company. The company was established on March 19, 2018. The business scope is semiconductor investment. The registered address is located in Hefei, Anhui Province.
On the evening of April 12, Wingtech announced that the company will provide a 4 billion yuan loan guarantee for Zhongwen Jintai, a wholly-owned subsidiary, in 2018. According to the information disclosed today, Zhongwen Jintai is Wingtech specializing in this acquisition. And the establishment of the company.
In addition to this transaction, the former Wentai Technology's controlling shareholder Wen Tianxia Investment also invested in the acquisition of the Anshi Semiconductor project. It is reported that at that time, the amount of capital invested was about 200 million U.S. dollars, which was the second largest single shareholder of Ansi Semiconductor.
With the Wenzhong Goldman Consortium gaining the share of the fund held by the Hefei Guangxin Fund, coupled with the previous investment in the world, Wentai Technology will also become the largest shareholder.
Wang Yanhui, the secretary general of China Mobile, said that the successful acquisition of NXP’s standard product business has unprecedented significance for the entire semiconductor industry in China. This is the first time that Chinese capital has acquired the core technology and premium assets of a world-class company, which fills the gap. China's high-end chip and device technology gap in this field.
Yunnan City Investment and Shanghai Silicon Valley, closely related to Wing Tai Technology
Among the three consortiums, except that Zhongwen Jintai is a wholly-owned subsidiary of Wentai Technology. Yunnan Urban Construction Investment Group Co., Ltd., Shanghai Silicon Valley Enterprise Management Partnership (Limited Partnership) has a relationship with Wentai Technology.
Among them, Yunnan Provincial Urban Construction Investment Group Co., Ltd. currently holds a 5% stake in Wing Tai Technology through a subsidiary. In addition, according to previous announcements, Yunnan City Investment will continue to increase Wing Technology shares.
The Shanghai Silicon Valley Enterprise Management Partnership (Limited Partnership) is a subsidiary of the famous industrial capital Wu Yuefeng. Wu Yuefeng’s subsidiary also holds a 5.51% stake in Wentai Technology.
In a comprehensive view, with the successful transfer of shares of Hefei Guangxin Fund, China's Capital initiated the largest semiconductor acquisition in the world, Anshi Semiconductor will settle in Wentai Technology. This is in line with Wentai Technology's strategy of actively deploying semiconductor components. Consensus, follow-up development is worth the wait.
2. Spectrum Rui Q2 camp to recover temperature TDDI business contribution in the second half;
In micro-network news, Shanghai Pu Rui’s second-quarter revenues recovered from the first quarter, and low-priced Macbooks were deferred to the third quarter. The legal person estimates that Rui’s revenue season increased by 10% to 12%, which is lower than the expected quarter. Increased 15%, TDDI business began to contribute revenue in the second half of the year.
The launch of Apple's low-cost Macbook may be deferred from the end of the second quarter to the third quarter. In addition, the demand for laptops may be at the end of the second quarter. The estimated income of the legal person during the quarter will increase by 10% to 12%, which is lower than the expected quarterly increase. 15%, the peak of operating period was deferred until the second half of the year, resulting in a continuous tumble in recent share prices.
The legal person pointed out that although the second quarter revenue momentum is expected to recover from the first quarter, it may still be lower than market expectations. In addition to the MacBook production delay, the smart phone industry has rapidly evolved from a stand-alone touch IC to TDDI. TDDI is still in the certification stage, and related businesses may start to contribute revenue in the second half of the year.
3. Guokewei: Announcement on resignation of directors and election of directors;
Hunan Guoke Microelectronics (62.390, -6.44, -9.36%) Electronics Co., Ltd. Announcement on Resignation of Directors and Election of Directors
The company and all members of the board of directors ensure that the contents of the information disclosure are true, accurate and complete, with no false records, misleading statements or major omissions.
The board of directors of Hunan Guoke Microelectronics Co., Ltd. (hereinafter referred to as the 'Company') recently received a written resignation from the company's director and deputy general manager Mr. Jiang Li. Mr. Jiang Li resigned from the board of directors and deputy general manager for personal reasons and resigned from the board of directors. The members of the Remuneration and Appraisal Committee and they no longer hold any other positions in the company. Their original appointment period was September 15, 2018. In accordance with the Company Law, the company's Articles of Association, and other relevant laws and regulations, Mr. Jiang Li resigned. Effective from April 23, 2018. As of the date of this announcement, Mr. Jiang Li does not directly hold the company's shares. Indirectly held company shares, Mr. Jiang Li promised to leave the company within six months after the transfer of the indirect shares held and to comply with The newly issued Shenzhen Stock Exchange’s newly issued “Detailed Rules for the Shareholding of Directors, Supervisors, and Senior Managers of Listed Companies on the Shenzhen Stock Exchange,” and other relevant laws and regulations concerning the requirements of the retiring directors of listed companies to reduce their holdings. Mr. Jiang Li During the company's directors, deputy general managers and members of the board's remuneration and assessment committee, they performed their duties with due diligence and performed their duties for the company's growth and development. An important contribution to the Board of Directors expressed his heartfelt thanks to the contribution made by Mr. Jiang Li!
In accordance with the relevant provisions of the “Company Law” and the Articles of Association, the company was nominated by Hunan Guoke Holdings Co., Ltd., the controlling shareholder of the company, and the nomination committee of the Board of Directors was reviewed and passed the qualifications, and passed the 16th meeting of the first board of directors held on April 23, 2018. The meeting reviewed and approved the "Proposal for Election of Mr. Zhou Yongjun as Director of the Company", and nominated Mr. Zhou as a candidate for directorship of the first session of the Board of Directors (please refer to the attachment for the resume). The term of office will start at the election of the shareholders' general meeting to the current session of the Board of Directors. Upon expiry, this proposal must be submitted to the company's 2017 annual general meeting of shareholders for review. Mr. Zhou Zhouren, currently the deputy general manager of Guoke Microelectronics, CTO, is qualified for the relevant qualifications. The independent directors of the company issued independent opinions on this proposal.
The announcement is hereby announced. The Board of Directors of Hunan Guoke Microelectronics Co., Ltd. April 24, 2018 2 Attachment:
Mr. Zhou Zhouxi's Biography Zhou Soldier, male, was born in March 1968, master's degree. He graduated from Tsinghua University majoring in electrical engineering, master's degree in automatic control of Chengdu Institute of Computing, Chinese Academy of Sciences. From August 1994 to June 1995, he took office. He worked as an engineer in Shenzhen Guoxing Microelectronics Co., Ltd.; worked in Huawei Technologies Co., Ltd. from June 1995 to August 2009 as the director; worked in Changyuntong Optoelectronics Technology Co., Ltd. from August 2009 to December 2012. Served as vice president; from January 2013 to February 2014, worked at Shenzhen Haowei Photovoltaic Lighting Co., Ltd., as vice president; March 2014, joined Guoke Microelectronics, now deputy general manager of Guoke Microelectronics, CTO .
Mr. Zhou Zhouyou has the qualifications for employment in accordance with his or her powers. There is no "Company Law," "Shenzhen Stock Exchange Listing Rules for the Growth Enterprise Market," and "Articles of Association" and other conditions that are not allowed to serve as directors of listed companies. There is no affiliated relationship with the controlling shareholder and actual controller of the company. It does not directly hold the shares of the listed company and has not been punished by the China Securities Regulatory Commission and other relevant departments and is punished by the stock exchange. Mr. Zhou Soldier currently holds the company's stockholders. Management Co., Ltd. 7.14% stake (as of the announcement date, Changsha Core Way Investment Management Co., Ltd. holds 13,466,025 shares of the company, accounting for 12.05% of the company's total share capital), not the defaultee.
4. Navitas' R & D investment is inferior to the cooked food company's industry level and the gap between the United States and the United States;
Sina Financial News: ZTE Corporation was “blocked” by the United States. For a moment, Jingyuan was “in a hurry.” As a result, the Chinese people shouted “China Core.” In the A-share market, the concept of autonomous control of the wafer has also become a hot topic.
R&D is the source of enterprise technology and product upgrades, especially for technology and manufacturing companies. According to statistics, Intel’s R&D expenditures in 2017 were US$13.1 billion, accounting for 36% of the group’s total expenditure. 20% of the fiscal year's revenue is invested in technology research and development. So in the A-share listed companies, how much research and development has the annual investment in the wafer concept stocks?
Naive Technology R & D investment lost to a cooked food company
The recent hot wafer concept stock Neville Technology, even in 2017, R & D investment is not as good as the cooked food listed company Yasui Foods, and the two companies are quite similar in size, by the end of 2017, Naiwei Technology's total assets of 3.1 billion yuan, the total assets of the food wells 3.25 billion yuan.
Neville Technology's navigation, MEMS, avionics and other businesses are all high-tech industries and strategic emerging industries that the country encourages to develop. They need to focus on the company and continue to invest in R&D.
However, according to the annual report, in 2017, Naiwei Technology's R&D investment amounted to RMB 48,290,600, accounting for only 8.04% of the operating revenue. In 2017, Yajing Food invested RMB 5,608,300 in research and development.
Looking back over the years, 2015 and 2016, Naiwei Technology invested only 166.671 million yuan and 28,048,800 yuan. In 2016, the investment in research and development of Yasui Foods also reached 50,645,900 yuan.
In terms of operating results, Naiwei Technology achieved operating revenue of RMB 601 million in 2017, an increase of 78.21% year-on-year; net profit of RMB 48,484,400, a year-on-year decrease of 17.99%.
A shares of 69 wafer concept stocks: The total market value does not match the US Big Three
At present, there are 69 Chinese wafer concept stocks in the A shares, with a total market value of approximately 112.65 billion yuan (data as of April 21, 2018), which is equivalent to only 0.4 Tencent. As of April 21, the United States’s Qualcomm A market value of 76.151 billion US dollars, contract 479.3 billion yuan, Broadcom's market value of 99.755 billion US dollars, the contract 62279 billion yuan, Intel's market value is up to 24.11 billion US dollars, contracts 1,517,700,000 yuan, only these three together about 26,251 billion yuan. This means that the total market capitalization of A-share wafer concept stocks is less than half of the top three US giants.
Compared with the United States, China and wafer-related companies are generally small in scale; in addition, compared with the international giants’ multi-billion-dollar R&D investment, the total amount of domestic R&D spending of SMIC’s domestic companies is low, and 2017 is 4.27 billion U.S. dollars; A shares of companies invest more than 100 million U.S. dollars.
In addition, the ratio of R&D spending to sales and the international giants gap is not small. The three major US wafer giants account for 20% of the time, and SMIC also 13.77%.
In addition, among the A-share wafer concept stocks, only Northern China, Beijing Junzheng, Ziguang Guoxin, Silan Micro and other minority companies have spent more than 10% of their revenue in R&D in 2017. Sina Finance
5. Siu Yi GD32 MCU once again swept the 2018 China IC Design Achievement Award multiple awards;
Micronet News, March 30, 2018, jointly organized by the AspenCore's "Electronic Engineering", "Electronic Technology Design" and "International Electronics Business" 2018 Annual China IC Leaders Summit and China IC Design Achievement Award Ceremony Held in Shanghai. Through IC industry people, system design engineers, and media analyst teams who have been selected for 6 months. With high quality products and outstanding market performance, GigaDevice won the 'Top Ten China' IC Design Company's Award, GD32F330/350 Series Microcontrollers Received 'Best MCU of the Year' Award, Mr. Jin Guangyi, Marketing Director of Zhaoyi Innovation won the “New Marketing Character” award. It won unanimous recognition from the industry peers, and once again Take many awards!
The 2018 China IC Design Achievement Award is an annual industry status survey conducted for IC design companies in China. It also selects excellent IC design companies, semiconductor front-end manufacturers that provide quality services for the IC design industry, EDA tools and IP service companies. The Awards Ceremony announced the winners of the 2018 China IC Design Achievement Awards jointly selected by industry engineers and senior analysts. With the increasing strength of China IC design companies and China's chip manufacturing industry, Chinese semiconductor companies are not only in many traditions. In the field of components and components, we have been attacking a huge market and have made rapid breakthroughs in a number of cutting-edge scientific and technological fields. The China IC Design Achievement Award has witnessed the growth of the semiconductor industry since its inception. Chinese IC design companies will also play a more important role in the global market in the future. character of.
Mega Innovation (GigaDevice)
Beijing Zhaoyi Innovation & Technology Co., Ltd. (stock code: 603986, stock name: Zhaoyi Innovation) is the world's largest fabless supplier in SPI NOR FLASH. The company was established in April 2005 and is headquartered in Beijing, China, in China. The mainland, Taiwan, South Korea, Japan, the United States, the United Kingdom and other countries and regions have branches, marketing network all over the world, providing high quality and convenient localization support services.
The company is committed to the design and development of various high-speed and low-power memory, microcontroller series products, and leads the world's similar products with the advantages of 'high-tech, low-power, low-cost'. With the world-leading memory market status, trillion Easy Innovation has also exerted great advantages in on-chip memory and caching resources on the MCU. When industry peers were still fighting in the 8-bit MCU market, Kyi Innovation pioneered the first in China in 2013 and 2016. Arm® Cortex®-M3 core and China's first Cortex®-M4 core 32-bit general-purpose MCU series, the overall product planning are at the forefront of the market, and also has a wide range of industry brand user groups. The company has been well-known in the world. The fab, packaging and testing plant form a strategic partnership to jointly advance technological innovation in the semiconductor field. The company is also the first partner of the University Program (AUP) in China and the “Zhao Yi Innovation Cup” thirteenth. China's postgraduate electronic design competition, the title of the manufacturer, continue to promote teaching reform, in-depth participation in the collaborative development of the industry chain, and promote the combination of production and research and high-level personnel training.
GD32 MCU Family
Siu Yi Innovation GD32 MCU is the leader in China's high-performance general-purpose microcontrollers. China's first ARM® Cortex®-M3 and Cortex®-M4 core general-purpose MCU product series has been developed into a 32-bit general-purpose MCU market in China. The mainstream choice. With a cumulative total of nearly 200 million shipments, with more than 10,000 customers, the broad application coverage offered by the 19 series of 300 product selections is at the forefront of the market. All models are in software and hardware. The pin package aspect is compatible with each other. It is fully applicable to all kinds of high, medium and low-end embedded control requirements and upgrades. It fully unleashes the superior value of cost-effectiveness, and builds complete ecological and easy-to-use advantages. It fully supports multi-level development and accelerates the design cycle. .
GD32 series general-purpose MCUs have adopted a number of innovative technologies with independent intellectual property rights and have obtained domestic and international patent approvals. They have introduced the industry's first MCU product series with double data encryption and encryption, and the industry's largest flash memory capacity Cortex®. -M3 MCU, Cortex®-M3 MCU with the best market cost, and the most advanced Cortex®-M4 MCU. From chip design, wafer manufacturing to package testing, all are completed in China, providing dual production capacity protection. Fast delivery ensures stable supply. Chips are manufactured using the industry's most advanced 55nm semiconductor technology and take into consideration both product performance and power consumption. In industries such as industrial control, consumer electronics, automotive electronics, and smart appliances, leading market share is used. The rate and user recognition have won widespread industry accolades and are ready for future expansion.
Intelligent Industrial Manufacturing (Industry 4.0), Artificial Intelligence (AI) and Internet of Things (IoT) are the three-wheelers that lead the future market growth, and are the main battlefield for MCU applications. GD32 MCUs provide a comprehensive product and development ecosystem Industry upgrades. From motor inverters, human-machine interfaces, sensor networks, automotive peripherals, to smart appliances, VR/AR, smart hardware, cloud interconnect and edge computing, to power meters, remote sharing, 802.15.4K/NB-IoT The electronic system with GD32 MCU as the control core is ubiquitous and continues to create value for users. Through long-term market testing, the product has become the mainstream choice for system design and project development. Kyi Yi innovation is the leading company in the Chinese MCU market. Continue to provide assistance for smart manufacturing and smart interconnection, and continue to build a blueprint for development.