On July 17, Wanye Enterprise (600641.SH) announced that the company's second largest shareholder, Sanlin Wanye (Shanghai) Enterprise Group Co., Ltd. (referred to as 'Sanlin Wanye') on July 16 and the National Integrated Circuit Industry Investment Fund Co., Ltd. Signing the share transfer agreement, Sanlin Wanye intends to transfer 56,431,113 shares of Wanye Enterprise (accounting for 7% of the total share capital of Wanye Enterprise) and all the shareholders' equity derived therefrom to the Big Fund, all of which are unrestricted shares. The two parties agreed that the transfer price of the target shares is 12 yuan per share, and the total amount is 6.77173356 billion yuan.
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According to its announcement, Wanye Enterprise intends to purchase 51% equity of Shanghai Kai Shitong Semiconductor Co., Ltd. (referred to as 'Kashitong') in cash, with a transfer price of 495 million yuan. At the same time, it plans to issue shares to purchase 49% equity of Kai Shitong. The price is 475 million yuan. As a result, Wanye Group owns 100% of the shares of Kai Shi Tong. This transaction is a practice of the company's strategic development plan. Wanye said that after the completion of the transaction, the company will increase the semiconductor equipment business. In the future, listed companies will give full play to the technological advantages, brand advantages and channel advantages of Keystone in the field of semiconductor equipment, relying on management and R&D teams with good historical performance to build solar ion implanters, integrated circuit ion implanters and AMOLED ion implants. The full range of products of the machine has become an excellent manufacturer of ion implanters, especially integrated circuit ion implanters worldwide.
As of press time, Wanye Enterprise is still in suspension.
According to the announcement, the main business of Wanye Enterprise is real estate development and sales. The business model is based on independent development and sales. After the acquisition of Kai Shitong, the company will increase the research and development, production, sales and service of ion implantation and related equipment to build solar energy. Ion implanter, integrated circuit ion implanter and AMOLED ion implanter full range of products.
The reporter saw on the official website of Sanlin Wanye that Indonesia Sanlin Group is a diversified multinational enterprise group founded by the famous Chinese entrepreneur Lin Shaoliang. The business of Sanlin Group involves agriculture, animal husbandry, food production, automobile manufacturing, energy, building materials. , chemical, communications and media, real estate and industrial park development, resort and hospitality, distribution and retail, banking and finance, etc. Among them, Sanlin Wanye (Shanghai) Enterprise Group will continue to focus on the development of real estate development business, In combination with the strategic needs of China's national economic development, we will increase investment in energy resources, agricultural industrialization, etc., expand international trade and engineering business, and gradually develop into the management headquarters of Sanlin Group in the Asia-Pacific region.
Kai Shitong is a manufacturer of photovoltaic and integrated circuit ion implanter equipment. According to Wanye Enterprise Announcement, it is displayed in the field of solar ion implanter. Although there are only three companies in the world engaged in solar ion implanter business, and the market share of Keystone is global. First. According to the analyst report of Guojin Securities, IC manufacturing equipment is China's weakest link in the semiconductor field, and the self-sufficiency rate is less than 3%. Therefore, the future investment direction of the second phase of the big fund may be positioned in integrated circuit equipment. In the field of materials, the photovoltaic industry is the most relevant to the technology of the integrated circuit industry. The equipment and materials manufacturers in the photovoltaic industry are expected to cut into the IC industry with technology accumulation.
As a real estate company, Wanye Group began to transform its semiconductor industry in 2017. In January 2018, the company subscribed for the first phase of the Shanghai Semiconductor Equipment Materials Industry Investment Fund to RMB100 billion to transform into the integrated circuit industry. Kai Shitong is a photovoltaic/integrated circuit. Ion implanter equipment manufacturer, Cathay Securities analysts report shows that Chinese manufacturers account for less than 3% of materials and equipment, which is the weakest link of integrated circuits. Ion implanters and thin film deposition equipment, lithography equipment, etching equipment Manufacturing key process equipment for the four major integrated circuits is a process of integrated circuit manufacturing. Integrated circuit manufacturing accounts for about 80% of the total integrated circuit investment. Currently, the global market for integrated circuit ion implanters is 1.8 billion US dollars. Currently, it is basically a monopoly of foreign companies. , such as application materials, Japan Nisshin, etc., Chinese manufacturers related manufacturers have Zhongkexin.
At present, according to the data, the listed companies that have invested in the big fund include: SMIC in the wafer manufacturing field, Hua Hong Hongli; Changdian Technology in the field of packaging and testing, Huatian Technology, Tongfu Microelectronics, Jingfang Technology In the field of IC design, Ninestar, Guokewei, ZTE, Zhaoyi Innovation, Huiding Technology, Jingjiawei; North Huachuang in the field of equipment manufacturing, Changchuan Technology; Wansheng Shares in Materials, Jacques Technology, Juhua shares; third-generation semiconductor leader Sanan Optoelectronics, Beidou industry chain leader Beidouxingtong, MEMS sensor leader Navi Technology, and through the sub-fund layout terminal company Wingtech, a total of electro-acoustic, etc. As of the end of 2017 In the first phase of the big fund, 67 projects were invested in effective decision-making. The cumulative investment commitment of the project was 118.8 billion yuan, and the actual investment was 81.8 billion yuan, accounting for 86% and 61% of the total fundraising.