BYD semiconductor has raised 2.7 billion yuan to go public?

category:Finance
 BYD semiconductor has raised 2.7 billion yuan to go public?


Behind BYD semiconductors opening of its subsidiarys marketization process, the marketization of other subsidiaries of BYD is also accelerating. In March this year, BYD established a series of companies, including fudy Battery Co., Ltd., fudy vision Co., Ltd., fudy Technology Co., Ltd., fudy Power Co., Ltd., and fudy Mold Co., Ltd. Among them, BYDs battery business, after the release of blade batteries, has successively harvested a number of external customers, and is also looking for opportunities to go public. BYDs external battery supply can effectively increase the companys performance, and also help improve the companys valuation. In the future, the battery business is also expected to duplicate the semiconductor business model. An analysis of the Securities said.

BYD, which is in the forefront of the world in the field of electric vehicles and batteries, is facing challenges from Ningde era, LG Chemical, Tesla and other enterprises, and its market value is far lower than Ningde era and Tesla. At the same time, under the dual challenges of declining subsidies for new energy vehicles and maintaining a large amount of R & D investment, BYDs revenue growth in recent two years has not increased profits, and the pressure on funds has intensified. The independent listing of components is believed to reduce the financing pressure of listed companies and improve the market value performance of BYD. After the continuous financing of BYD semiconductor, a number of securities institutions held buying and forced rating on BYD. With the implementation of the electric vehicle policy, the introduction of blade battery technology and the fourth generation DM technology, BYDs sales volume and profit margin are expected to continue to rise in the next two years. The introduction of war investment into the subsidiary provides a valuation benchmark for the semiconductor business. Huachuang securities May 27 research report said. Since this year, BYDs blade battery and semiconductor business financing and other good news have pushed its share price to more than 60 yuan from 48.15 yuan in March. On June 16, BYDs share price was 64.07 yuan, up 2.51%, the highest in three months. Source: Yang Qian, editor in charge of Economic Observer_ NF4425

BYD, which is in the forefront of the world in the field of electric vehicles and batteries, is facing challenges from Ningde era, LG Chemical, Tesla and other enterprises, and its market value is far lower than Ningde era and Tesla. At the same time, under the dual challenges of declining subsidies for new energy vehicles and maintaining a large amount of R & D investment, BYDs revenue growth in recent two years has not increased profits, and the pressure on funds has intensified. The independent listing of components is believed to reduce the financing pressure of listed companies and improve the market value performance of BYD.

After the continuous financing of BYD semiconductor, a number of securities institutions held buying and forced rating on BYD. With the implementation of the electric vehicle policy, the introduction of blade battery technology and the fourth generation DM technology, BYDs sales volume and profit margin are expected to continue to rise in the next two years. The introduction of war investment into the subsidiary provides a valuation benchmark for the semiconductor business. Huachuang securities May 27 research report said. Since this year, BYDs blade battery and semiconductor business financing and other good news have pushed its share price to more than 60 yuan from 48.15 yuan in March. On June 16, BYDs share price was 64.07 yuan, up 2.51%, the highest in three months.