The policy clearly supports the mergers and acquisitions and reorganization of listed companies, and the merger and acquisition plan of the semiconductor industry chain has followed.
On the evening of November 11, Huahai Chengke (688535.SH), a semiconductor semiconductor seal testing company, announced that the company intends to acquire (hereinafter referred to as "Winwei Electronics ") 100%equity, this transaction constitutes a major asset reorganization.
In less than half a month ago, the shareholders of Winweis electronics just took the initiative to terminate some of the equity of Winwei Electronics.According to the announcement, on September 20 this year, Debon Technology (688035.SH) had planned to acquire 53%of Winweis equity, and the price was not more than 1.6 billion yuan.And quickly switched to Huahai Chengke, so it is rare in the A -share market.
The first financial reporter noticed that the first and second largest shareholders of Warwick Electronics held a total of 70 % of the equity. This part of the equity was all out of quality.Business Bank Shaoxing Branch.
It is intended to acquire 100%equity of Winweis Electronics
This is the launch of Huahai Chengke in one and a half years.The first acquisition plan.According to the announcement, the company plans to acquire 100%equity of Warwick Electronics through the combination of cash and issuance of shares, while raising supporting funds.Therefore, the transaction is still in the planning stage. Huahai Chengkes shares suspended on November 12. It is expected that the suspension time will not exceed 5 trading days.As of November 11, Huahai Chengkes stock price was reported at 92.81 yuan, with a total market value of 7.5 billion yuan.
This transaction was initially determined to be all the shareholders of Winweis Electronics. Huahai Chengke has signed the "Equity Acquisition Intent Agreement" with all shareholders.As of the disclosure of the announcement, Zhejiang Wynn Industrial Group Co., Ltd. (hereinafter referred to as "Wynn Industry") and Hangzhou Shuhui Industrial Co., Ltd. (hereinafter referred to as "Shuhui Industrial") are the first and second largest shareholders of Winweis Electronics, which holds a total ofNearly 72%of Warwick Electronics.
The announcement of Huahai Chengke did not disclose more specific information. First Financial reporter found more information about Winweis electronics in the Debang Technology announcement.
Debang Technology is a semiconductor packaging material company in the largest fund in the largest fund. The company has also planned to acquire part of Winweis equity this year.On September 20, Debon Technology announced that it signed an acquisition intent agreement with Wynn Industry and Shuhui Industry, which intends to use the scope of transactions to scope of 1.4 billion to 1.6 billion yuan. 53%of Winweis equity in cash acquisitions and obtained control.On November 1st, Debon Technology announced that the company was notified to terminate the transaction, and only 10 days later, Huahai Chengke announced the information intending to acquire Warwell Electronics.
According to the above transaction consideration, Huahai Chengke acquired the transaction price of 100%equity of Winweis equity in the transaction price scope of about 2.64 billion to 3.02 billion yuan.As of the end of the third quarter, Huahai Chengkes monetary funds were only 26.6492 million yuan, or it means that the acquisition was mainly raised by the issuance of shares.
Winweis 70 % equity is out of quality
The main product of Huahai Chengke is epoxyPlastic feces and electronic adhesives are widely used in application scenarios such as semiconductor packaging and plate -level assembly.In the first three quarters of this year, under the trend of the prosperity of the semiconductor industry, Huahai Chengke achieved operating income of 239 million yuan, an increase of 17.33%year -on -year, and the net profit of the mother was 34.916 million yuan, an increase of 48.08%year -on -year.The quarterly profit of the quarter declined year -on -year.
From the perspective of industrial synergy, whether Huahai Chengke or Debon Technology can acquire Warwell Electronics or can achieve industrial synergy and further develop semiconductor packaging materials.
According to the information disclosed by Debang Technology, Warwick Electronics is engaged in the research and development and industrialization of semiconductor and integrated circuit packaging materials.In the field, there are 12 existing production lines.Equipment manufacturers and leading testing enterprises provide professional products and services.
Wynn Industry is a private enterprise in Zhejiang, and the actual controllers are Zhou Yongli.Wynn Industrys industry involves textiles, catering, commerce, trade, real estate and financial industries. A total of 30 companies have invested in foreign countries. Winweis Electronics is the only investment target related to semiconductor.
further penetrating the equity shows that Winwei Electronics was established in 2000, with a registered capital of 85.6908 million yuan, and Zhou Yongli indirectly held 45.29%of Huawei Electronics through multiple subsidiaries of Wynn Industrial.
According to the Tianyan check, Warway Electronics has 53 judicial cases and 1 equity frozen.Wynn Industry involved more judicial cases, and 70 % of them were as defendants, with a total of 11 equity quality. Since the beginning of this year, Wynn Industry has given the equity of multiple subsidiaries to the bank.Essence
More importantly, Wynn Industry and Shuhui Industry have taken all the Winweis electronics equity held as pledge.Tianyancha shows that Wynn Industry gave Winweis equity quality to Zhejiang Commercial Bank in 2022, and the amount of quality of the quality was 30.7798 million yuan. The current status is still "effective".Shuhui Industry gave Winweis equity quality to the Shaoxing Branch of Zhejiang Commercial Bank in January this year, with a quality equity of 30.7798 million yuan.
What is the special feature of Warwick Electronics, can it be encapsulated by two semiconductor -to -listed companies?And why suddenly terminate transactions with Debon Technology and switched to the embrace of Huahai Chengke?The reporter could not get the answer from public information.However, from the perspective of the equity ratio of the above two transactions, if Wynn Industry successfully sells Winweis 100%equity to Huahai Chengke, it only sells only 53%of the equity, and can recover more cash.
