Dafu Technology intends to acquire 51% of Bailifeng, Foxconn will raise 27.1 billion yuan to purchase today

May 24 # Micro Morning Express #

★ Started the first shot of Chinese mobile phone makers this year! Dafu Technology plans to acquire 51% stake in Bai Lifeng

Dafu Technology disclosed the restructuring progress at night, and the company signed a framework agreement with the major shareholders of Chongqing Bailifeng Technology Co., Ltd. The company plans to acquire 51% of the underlying company’s equity in cash. The estimated price of the 100% equity of the target company is 1.7 billion yuan. Bai Lifeng is the largest mobile phone and intelligent terminal R&D and manufacturing enterprise in Chongqing. Its net profit promised in 2018-2021 is not less than 168 million yuan, 188 million yuan, 216 million yuan, 216 million yuan, respectively. In addition, this year a number of mobile phone manufacturers have launched listing plans. Among them, Xiaomi and Chuanyin Technology have also been promoted in the listing process. In addition, last year, the media also announced that Meizu Technology has already prepared for IPO in Hong Kong. Follow-up may start listing. Mobile phone manufacturers also include Nubia, Huaqin and other companies.

★Today's purchase! Foxconn IPO fundraising 27.1 billion yuan, Warriors consider three kinds of investors

On May 23, the highly-anticipated Foxconn Industrial Internet Co., Ltd. (hereinafter referred to as “Foxconn”) issued a prospectus. The issue price was 13.77 yuan per share and 1,969,530,023 shares will be issued. It is expected that Foxconn IPO will raise a total of 271.20 yuan. Billion yuan, corresponding to a P/E ratio of 17.09 times, online subscription will be held on May 24 (Thursday) and will become the largest IPO of A-shares since 2015. Foxconn chairman Chen Yongzheng stated that the choice of strategic investors is mainly Including: (1) Investors with good market reputation and market influence that represent broad public interest; (2) Large state-owned enterprises or their affiliated companies, large insurance companies or their affiliated companies, and state-level investment funds have strong funds Strong investors; (3) Investors who have a strategic cooperation relationship or long-term cooperation vision with the company and are willing to hold shares for a long time.

★U.S. activates refusal order, ZTE continues to suspend business

ZTE announced on May 23 that due to the refusal order of the US Department of Commerce’s Bureau of Industry and Security to activate the refusal order, the company’s A shares will be suspended from trading on April 17, 2018 and will remain suspended. On the same day, ZTE also announced its holding of shares. After the increase in holdings by shareholders, Zhongxingxin held a total of 1.269 billion shares of the company (including holding 1.269 billion A shares and holding 2.038 million H shares), accounting for approximately the total shares of the company as of the date of this announcement. 30.34% of the previous report said that China and the United States reached an agreement on the path to resolve the issue of ZTE Corporation. Details are still being finalized. Once an agreement is reached, the Trump administration will lift the ban on ZTE’s purchase of products from US companies. .

★ Truly International's consolidated net profit for the first quarter is reduced by 80%

Truly International (00732.HK) announced that its consolidated net profit attributable to owners of the company for the same period of last year was approximately HK$62 million. It is expected that the company's first quarter results in 2018 will drop sharply by approximately 80%. The Board of Directors believes that the decline in consolidated net profit is mainly due to the fact that China Smartphone shipments fell in the first quarter of 2018 compared to the first quarter of 2017; therefore, the Group's consolidated gross profit amount and the consolidated net profit attributable to owners of the company all decreased accordingly.

★ Xiongdi Technology Signs 12 Million Dollar Major Contract

May 23, Xiongdi Technology Announced that the company recently issued a new version of the electronic ID card with biometric information for the Belarusian state in the Minsk city of the Republic of Belarus, together with the scientific and technological unitary enterprise under the Ministry of Finance of the Republic of Belarus “CRYPTOTECH”. The e-passport signed the "Concerning Equipment and Software Supply, Equipment Installation and Implementation of Related Activities Contract" with a contractual amount of US$12 million, which includes the collection, processing and storage of biometric information and personal information, and the new version of the electronic security certificate with biometric characteristics. Personalization and issuance system. Second, the net loss of fair value changes of derivative financial instruments included in other profit and loss, and the change in fair value of the group's derivative financial instruments from net gain of approximately HK$48 million to a net loss of approximately HK$40 million.

★ BYD: The track traffic audit tightened The company’s cloud track project needs to be submitted to the National Development and Reform Commission for approval

When BYD accepted an agency survey recently, it said that the market demand for the cloud is still very large, but at the beginning of this year, the state tightened its review of rail transit. At present, the company’s projects need to be submitted to the National Development and Reform Commission for approval. This year, all passenger cars except the e6 are The three-cell battery will be retrofitted. Most of the models currently launched have a cruising range of over 400km, and both are satisfied with two 1.1 times the subsidy standard.

★ Yuanwanggu: Nearly one billion acquisition of equity in the two companies today resumption of trading

Yuanwanggu disclosed the revised and revised draft on the evening of May 23. The company plans to purchase 98.5% equity of Sino Data and 100% stake in Longtie by issuing shares and paying cash. The transaction price was initially set at 395 million yuan and 610 million yuan. The company's stocks resumed trading on May 24. The data shows that Long Tienho devotes itself to the maintenance market of the stock rail transit locomotives. It has independently researched and developed more than ten pieces of iron total and subordinate units to issue certification products. Theo's information focuses on high-quality enterprises and institutions. And other customers provide mobile information based on the needs of the industry applications, flow value-added, integrated data processing services.

★ Tongxingda: The company's OLED is now in a state of small batch trial production. Tongxingda said on the investor interaction platform that Foxconn is one of the company's important customers. The proportion of cooperation is gradually increasing. In addition, the company’s OLED is now in a state of trial production in small batches. .

2016 GoodChinaBrand | ICP: 12011751 | China Exports