Huiding Technologiesshare price doubled in the year, and the National Grand Fund surged more than 1.9 billion yuan

category:Finance
 Huiding Technologiesshare price doubled in the year, and the National Grand Fund surged more than 1.9 billion yuan


Huiding Technologies has been favored by the fund during the rise. At the end of 2016, only 27 fund companies held 1.034 million shares in Huiding Technologies. At the end of 2017 and 2018, the positions of the fund were 1078,000 shares and 6955,000 shares respectively. In the first half of this year, Huiding Science and Technology continued to be popular. By the end of June, the funds position had reached 113.126 million shares.

By the end of June, Huiding Science and Technology had the largest holdings in China-Europe Fund and Jingshun Great Wall, holding 4.159 million shares and 3.496 million shares respectively. Among them, all the shares held by CEF were bought in the first half of this year, and Jingshun Great Wall also bought a large number in the first half of this year. At the end of last year, it held only 136,000 shares. If the two have not increased or decreased their holdings since July, the cumulative growth rate of HST is 13.86%, and the return of CEF is about 80 million yuan.

It is worth noting that in 2017 and 2018, all transactions of Huiding Technologies are premium transactions, and the premium rate relative to the closing price of the day is between 9% and 10%. In December 2018, the buyer was UBS Securities Shanghai Garden Shiqiao Road, with a transaction price of 70 yuan per share, a 9.82% premium to the closing price of the day, and a total turnover of 469 million yuan.

Although the Department bought stocks at a premium of about a price limit, the latest closing price of Huiding Technologies showed that if the shares transferred at that time had not been sold so far, the float had more than doubled.

National Grand Fund Floating Over 1.9 billion

In 2017, the National Grand Fund took over a total of 30.2 million shares from Huiding Technologiesshareholders through agreement transfer, accounting for 6.65% of Huiding Technologies total equity, and jumped into the top five shareholder array of Huiding Technologies. At that time, the consideration price of the transaction was 93.69 yuan per share, and the total cost was 2.829 billion yuan.

Huiding Technologies has also benefited a lot from employee equity incentives. Data show that Huiding Science and Technology has issued several equity incentive plans since its listing. Among them, 118.588 million stock options were granted in May 2017 with an exercise price of 47.99 yuan per share, 325.13 million shares were granted in March 2018 with an exercise price of 4804 yuan per share, and 983.44 million shares were granted in September 2018 with an exercise price of 84.22 yuan per share in 2015. According to different incentives, 770,000 shares (exercise price is 5267 yuan per share) and 2235,000 shares (exercise price is 105.33 yuan per share) were awarded in January.

According to the current share price of Huiding Technologies, there are a lot of floats and surpluses in exercising shares, especially from the equity incentive plan in 2017 and the first half of 2018, if not sold, the market value of the position has already doubled.

Analysts are bullish

Huiding Technology is an integrated application solution provider based on chip design and software development. At present, it mainly provides leading human-computer interaction and biometrics solutions for the smart mobile terminal market. Products and solutions are mainly used in Huawei, millet, Yijia, Meizu, OPPO, vivo and other domestic mobile phones. Fingerprint identification chip and capacitor touch chip are two major businesses of Huiding Technology, which contribute more than 99% of the companys revenue each year.

Since April, institutions have been bullish on Huiding Technologies, including CITIC Securities, Shen Wanhongyuan, Liaison Securities, China-Thailand Securities, Oriental Securities, Industrial Securities and other securities analysts. They have consistently given Huiding Technologies a buy rating with a target price of 130 to 190 yuan.

The unanimous optimism of analysts has injected confidence into the two tier market of top technology, and the A share market is also very powerful: in August 9th, the highest closing price of Sini technology was 157.49 yuan / share, which was only 175.09 yuan / share from the highest price in history.

Reduction of major shareholders

It is worth noting that in the applause of Huiding Technologies, some important shareholders, such as enterprise executives, are continuing to reduce their holdings. Looking at the trading records of key shareholders of Huiding Technologies, we can find that the end of 2018 and the first half of this year are the most frequent periods for major shareholders of Huiding Technologies to reduce their holdings. Since November 2018, Jining Huixin Information Technology Partnership Company and Huifa International (Hong Kong) Limited, one of the top ten shareholders of the company, have reduced their holdings for many times, totalling 21.915 million shares.

Over 400 million yuan of the above-mentioned transactions were concluded at a premium at the end of 2018, and the shareholder was the fourth largest shareholder of Huiding Technologies, Jining Huixin Information. According to the announcement, at that time, in addition to large-scale transactions, it also reduced its holdings through centralized bidding, a total of 7.5 million shares, missed the doubling of Huiding Technologies market this year. Recent remittance information continued to be reduced. In May, Jining Huixin Information Disclosure Reduction Announcement proposed that no more than 456.5 million shares would be reduced through centralized bidding and bulk trading between May 9 and November 5. Up to now, it has reduced its holdings of more than 1 million shares, including 1.32 million shares in June and 102.8 million shares on August 8. After the reduction, the share-holding ratio of Huixin information in Jining has dropped to less than 5%. In addition, the 10th largest shareholder in Huiding Technologys 2018 report, Holgus Hui Equity Investment Management Partnership (Limited Partnership), also reduced its holdings of 7.48 million shares by the end of 2018. Source: Responsible Editor of Securities Times: Yang Bin_NF4368

Over 400 million yuan of the above-mentioned transactions were concluded at a premium at the end of 2018, and the shareholder was the fourth largest shareholder of Huiding Technologies, Jining Huixin Information. According to the announcement, at that time, in addition to large-scale transactions, it also reduced its holdings through centralized bidding, a total of 7.5 million shares, missed the doubling of Huiding Technologies market this year.

Recent remittance information continued to be reduced. In May, Jining Huixin Information Disclosure Reduction Announcement proposed that no more than 456.5 million shares would be reduced through centralized bidding and bulk trading between May 9 and November 5. Up to now, it has reduced its holdings of more than 1 million shares, including 1.32 million shares in June and 102.8 million shares on August 8. After the reduction, the share-holding ratio of Huixin information in Jining has dropped to less than 5%.

In addition, the 10th largest shareholder in Huiding Technologys 2018 report, Holgus Hui Equity Investment Management Partnership (Limited Partnership), also reduced its holdings of 7.48 million shares by the end of 2018.