1. Trump's first batch after taking office! Northern Huachuang and Akrion complete asset delivery;
On January 18th, North Huachuang issued an announcement on the completion of the acquisition of assets. The announcement stated that on January 16, the company and the US company Akrion Systems LLC (hereinafter referred to as Akrion) signed the asset delivery documents according to the Asset Purchase Agreement and completed the asset delivery work. NAURA Akrion Inc., a wholly-owned subsidiary of North Huachuang in the United States, officially acquired all of Akrion's cleaning business related assets.
This is a rare case in which the US government approves such acquisitions by Chinese companies. According to Fang Xue, a partner at Gibson Dunn & Crutcher LLP, a US law firm, “As far as we know, this is the first time that CFIUS has approved Chinese companies to acquire US companies after the Trump administration took office.â€
As early as August 7, 2017, the Board of Directors of the North China Huachuang Group reviewed and approved the “Proposal on the Company's Acquisition of Assets and Liabilities of Akrion Systems LLC†and “The Establishment of a wholly-owned subsidiary of Beijing North Huachuang Microelectronics Equipment Co., Ltd.†The bill, agrees that the company's wholly-owned subsidiary, NAURA Akrion Inc., acquires Akrion's assets, liabilities and related businesses. Subsequently, the transaction continued to advance with the approval of the board of directors, the relevant approval department and the US Foreign Investment Committee.
According to the disclosure, on January 11, 2018, NAURA Akrion Inc., a wholly-owned subsidiary of North Huachuang, was established and 15 million US dollars of investment funds were in place. On January 16, Zhao Jinrong, President of North China Ventures and Michael Ioannou, President of Akrion, formally signed the documents related to asset delivery at the Akrion headquarters. Both parties confirmed that the rights and obligations related to the underlying assets were attributed to the transferee from the date of the transaction. From the date of delivery, the underlying assets will be included in the scope of the North China Huachuang consolidated statements.
Akrion is a company specializing in semiconductor wafer cleaning equipment business in Pennsylvania, USA. Its products are used in integrated circuit chip manufacturing, silicon wafer manufacturing, MEMS and advanced packaging. Akrion has many years of cleaning. With accumulated technology and extensive market and customer base, the company has accumulated more than 1,000 online machines.
Beihua is a semiconductor equipment industry development platform under the North China Huachuang Group. After years of research and development and industrialization of the cleaning machine products, the 12-inch single-chip cleaning machine has been applied to the pre-cleaning and re-cleaning of integrated circuit chip processes. Process after copper interconnection cleaning and aluminum pad cleaning.
With the successful completion of the asset delivery of this transaction, North Huachuang's semiconductor cleaning equipment product line has been effectively supplemented and enhanced. The integrated cleaning business includes two product lines, single-chip cleaning and batch cleaning, covering a wider range of process types, which has greatly enhanced the overall market competitiveness of the North China Huachuang cleaning equipment business, enabling North Huachuang to better serve the world. A wide range of customers offer a comprehensive range of cleaning process equipment solutions.
North Huachuang said that the acquisition of Akrion's assets, liabilities and related business matters will expand the company's production and sales system in the field of integrated circuit cleaning equipment. At the same time, in the face of the booming development of China's integrated circuit industry, the existing cleaning machine division of North Huachuang will be integrated with NAURA Akrion through business areas such as R&D, market development, sales channels, after-sales service, manufacturing and supply chain. Collaboration, comprehensively improve R&D capabilities, reduce product costs, shorten lead times, capture the fast-growing Chinese market, and improve customer service support capabilities for China's integrated circuit chip manufacturing, silicon wafer manufacturing, advanced packaging, semiconductor lighting, MEMS Customers in the field of systems and emerging semiconductors bring a comprehensive and timely cooperation experience. (Proofreading Xiaoqiu)
2. Shengbang's 2017 net profit increased by 18%, and a number of products have been used in the AI ​​field;
On January 18, Shengbang shares disclosed the 2017 annual results forecast, with an estimated profit of 88.762 million yuan to 95.217 million yuan, an increase of 10% to 18%.
Shengbang said that the main reason for the increase in performance was that the company actively expanded its business in 2017, the sales volume of its products increased, and the corresponding operating income increased year-on-year.
In 2017, Shengbang Co., Ltd. accelerated the development of analog chip products in the field of artificial intelligence, and has applied a variety of products in the field of artificial intelligence, such as intelligent speech recognition, voice playback and interaction, sensor measurement, ultrasonic ranging, infrared obstacle avoidance, etc. Artificial intelligence application area. At the same time, we are optimistic about the development prospects of artificial intelligence, and continue to invest in more research and development of new products in its segmentation.
All along, Shengbang shares focus on the development and sales of analog chips. The main products are high-performance analog chips, covering signal chain and power management. There are more than a thousand models available for sale, which can be widely used in communication and consumer. In electronics, industrial control, medical equipment, automotive electronics and many Other fields, there are nearly 2,000 terminal customers.
With the development of new markets such as Internet of Things, smart home, drones, artificial intelligence, etc., the requirements for chip performance of various smart devices are constantly improving. According to the trend of demand in related markets, Shengbang shares are based on high performance and low performance of chip products. The technical accumulation and advantages of power consumption, small size, high reliability, etc. have been carried out for the planning and research and development of related new chip products. At the same time, the chip products of Shengbang have strict requirements on anti-interference characteristics and reliability, production yield and stability. At present, the indicators have reached the first-class level in the same industry at home and abroad, and have strong market competitiveness. Good progress has been made in the application of numerous segments.
4. Jucan Optoelectronics expects net profit for 2017 to reach RMB 118 million, an increase of 94.69% over the same period of last year;
On the evening of January 18th, Jucan Optoelectronics released the 2017 performance forecast. It is estimated that the company's full year net profit for 2017 will be 100 million yuan to 118 million yuan, compared with 60.608 million yuan in the same period of last year, an increase of 64.99% to 94.69%.
Jucan Optoelectronics said that the above predictions are based on the following reasons: 1. During the reporting period, due to the strong demand for LEDs, the net profit attributable to the owner's main business realized by the company in 2017 was larger than that of the same period of the previous year. increase. 2. It is estimated that the non-recurring loss of the company's parent company in 2017 will be approximately RMB 21.52 million.
Jucan Optoelectronics entered the GEM in October 2017. Its annual revenue in 2014-2016 was 296 million yuan, 351 million yuan, 480 million yuan, and net profit was 0.57 billion yuan, 0.23 billion yuan, and 61 million yuan respectively. The compound annual growth rates of operating income and net profit for the year were 27.4% and 3.1%, respectively. In 2016, the comprehensive gross profit margin of Jucan Optoelectronics was 19.96%, and the net profit margin increased by 12.62% year-on-year; the year-on-year growth in 2017 was as high as 94.69%. It can be seen that Jucan Optoelectronics' 2017 revenue performance is very good.
The main business of Jucan Optoelectronics is the R&D, production and sales of LED epitaxial wafers and chips, and provides contract energy management services around the core of LED lighting applications. The company's main products are GaN-based high-brightness blue LED chips and epitaxial wafers.
5. Mingwei Electronics re-IPO: Sponsor's change last application for withdrawal due to poor performance
On January 18th, Shenzhen Mingwei Electronics Co., Ltd. (hereinafter referred to as “Mingwei Electronicsâ€) disclosed the prospectus on the website of the China Securities Regulatory Commission yesterday evening. The company plans to publicly issue no more than 154,933,334 shares on the GEM of the Shenzhen Stock Exchange, accounting for the issue. The proportion of total share capital is not less than 25%, and the sponsor institution is China Merchants Securities.
According to public information, Mingwei Electronics is a high-tech enterprise specializing in R&D, design, testing and sales of integrated circuits. Since its establishment, the issuer has been deeply involved in the field of driver chip design, and its products are widely used in LED display, LED lighting and power supply, LED landscape lighting and other fields. As of June 30, 2017, the company and its subsidiaries had 189 exclusive rights to layout design of integrated circuits.
According to the disclosure, Mingwei Electronics Co., Ltd. plans to raise 457 million yuan through this IPO to invest in a new generation of LED display driver chip R&D and industrialization projects, intelligent lighting processor R&D and industrialization projects and integrated circuit packaging projects.
In terms of performance, in 2014-2016 and January-June 2017, Mingwei Electronics achieved operating income of 239 million yuan, 222 million yuan, 312 million yuan and 118 million yuan, and net profit for the same period was 28.049 million yuan, 18.17 million yuan, 3884.85. 10,000 yuan and 36.270 million yuan; gross profit margins were 26.25%, 25.43%, 26.85% and 32.35%, respectively. As for the slight decline in gross profit margin in 2015, Mingwei Electronics said that mainly due to increased market competition in integrated circuit design industry, products The unit price is lower than the cost.
From the perspective of income composition, the revenues of the three types of LED display, LED lighting and power supply and LED landscape lighting are the main sources of revenue of Ming Micro's main business. In 2014-2016 and January-June 2017, LED display revenues accounted for 64.12%, 58.02%, 56.95% and 50.87% respectively.
Mingwei Electronics also hinted at the financial risks such as inventory declines in the prospectus. It is understood that the company's inventories are mainly composed of raw materials, products, subcontracted materials, and goods and stocks. At the end of 2014-2016 and the end of January-June 2017, the net inventories of Mingwei Electronics were 72.169 million yuan, 63.738 million yuan, 68.757 million yuan and 77.928 million yuan respectively, accounting for 30.64% and 28.37% of the total assets at the end of each period. %, 26.66% and 29.20%. As the company's business scale continues to expand, inventory will also rise, which may have a certain adverse impact on the company's liquidity, and increase the risk of provision for inventory depreciation.
As of the signing date of the prospectus, Mingwei Electronics had a total share capital of 46.48 million shares. The actual controller Wang Lekang directly and indirectly controlled voting rights accounted for 67.1816% of the company's total share capital before the issuance.
It is understood that this is not the first time that Mingwei Electronics has sprinted into the capital market. On January 12, 2011, Mingwei Electronics officially accepted the listing counseling of Guosen Securities. The sponsor representatives were Wei Qifang and Long Min. On February 16, 2012, the China Securities Regulatory Commission announced the termination of the review of Mingwei Electronics, and the termination time was February 13. As for the reason, Ming Wei’s then Secretary of the Board of Directors said in an interview with the media: “The 2011 results were not as good as expected, and the market was not optimistic, the company took the initiative to withdraw the listing application.
Repeaters,Motorola Two Way Radios,Motorola Talkabout Radios,Motorola Handheld Radio
Guangzhou Etmy Technology Co., Ltd. , https://www.digitaltalkie.com