Flash! 70 billion chip giant suddenly plummeted 12percent and made 21 announcements overnight

category:Finance
 Flash! 70 billion chip giant suddenly plummeted 12percent and made 21 announcements overnight


Yesterday, the market value of China Resources micro was 70.7 billion yuan. Today, the market value of China Resources micro was 61.8 billion yuan, a sharp drop of 8.9 billion yuan.

By the end of the second quarter of this year, the number of shareholders of China Resources smile was 67100.

Todays sharp drop has a lot to do with 21 announcements issued by China Resources micro company last night.

On the evening of October 19, China Resources micro, a leading chip stock with a market value of 70 billion, issued 21 announcements in a row, including the sharp increase in performance in the first three quarters, the planned increase of 5 billion yuan in fund-raising, the resignation of core technical personnel in 24 years, and the resignation of the core technical personnel who were once the executive vice chairman of the board, and a thorough farewell.

These announcements, one by one.

Performance soared 155% in the first three quarters

According to the third quarter report released by China Resources micro, in the first three quarters of this year, its operating revenue reached 4.889 billion yuan, an increase of 18.32% year-on-year; the net profit attributable to shareholders of listed companies was 687 million yuan, up 154.59% year-on-year. Among them, the companys revenue in the third quarter was 1.83 billion yuan, a year-on-year increase of 22.4%; the net profit attributable to the parent company was 284 million yuan, with a year-on-year increase of 169.1%.

Semiconductor is a hot stock, the boom is also high, by many institutions concerned. On September 10, analysts from several institutions, including CITIC Securities and Goldman Sachs securities, participated in the companys online meeting, focusing on the companys product production and application prospects.

China Resources micro is a company with IDM operation capability. Its main business can be divided into two business sectors: products and solutions, manufacturing and service. Among them, the companys products and solutions (i.e. IDM business) is mainly power semiconductor, and also includes intelligent sensor and intelligent controller business.

Core personnel left one after another:

In spite of the high performance growth, the core technical personnel of China Resources micro successively left. After Chen Nanxiang, executive vice chairman and core technician, left in August, Deng Xiaoshe, a 24-year veteran of core technology, left.

China Resources micro announcement, core technical personnel Deng Xiaoshe recently applied for resignation due to personal reasons and completed the relevant resignation procedures. After leaving the company, Deng Xiaoshe will not hold any position in the company.

China Resources micro announcement, Mr. Deng Xiaoshe joined the company in August 1996, engaged in the companys power device product development, and participated in the companys IGBT product design and process technology research and development project. Mr. Deng Xiaoshes resignation will not affect the promotion and implementation of IGBT product design and technology R & D project.

For Deng Xiaoshes resigned colleague, China Resources micro also announced that director Chen Nanxiang had resigned and would no longer hold any position in the company.

China Resources micro announced at the end of August that Mr. Chen Nanxiang, executive vice chairman and core technical personnel of the company, recently applied to resign from the position of executive vice chairman of the company for personal reasons, and completed the relevant resignation procedures. After resignation, Mr. Chen Nanxiang will still serve as a director of the company.

Pension and some funds have been reduced

Just released the third quarter report. From the comparison of the top ten circulating shareholders at the end of the third quarter and the end of the second quarter, many of the top ten circulating shareholders at the end of the second quarter have reduced their holdings in pension, securities companies, public offering and private placement products.

We have to raise more funds before 8 months of listing

It was listed at the end of February this year, less than eight months ago, and China Resources micro will have to raise funds again.

China Resources micro announced that it is planned to issue no more than 135 million shares and raise no more than 5 billion yuan to invest in China Resources micro power semiconductor sealing and testing base project and supplement working capital. At present, the company has no definite issuing object. According to the announcement, the construction project of China Resources Microelectronics power semiconductor sealing and testing base covers a total area of about 100 mu, with a total planned construction area of about 120000 square meters. The construction period of the project is expected to be 3 years. The total investment of the project is 4.2 billion yuan, and the raised fund is planned to be 3.8 billion yuan. The rest of the required funds are solved by self financing. China Resources micro said that after the completion of the project, the company can form a better product and process matching in the packaging and testing link with chip design, wafer manufacturing and other links, which is conducive to fully releasing the resource advantages and synergy effect of various internal links. The companys production integration ratio is expected to further increase, and promote the companys further transformation to a power semiconductor integrated operation company. Source: Zhong Qiming, editor in charge of China fund daily_ NF5619

China Resources micro announced that it is planned to issue no more than 135 million shares and raise no more than 5 billion yuan to invest in China Resources micro power semiconductor sealing and testing base project and supplement working capital. At present, the company has no definite issuing object.

According to the announcement, the construction project of China Resources Microelectronics power semiconductor sealing and testing base covers a total area of about 100 mu, with a total planned construction area of about 120000 square meters. The construction period of the project is expected to be 3 years. The total investment of the project is 4.2 billion yuan, and the raised fund is planned to be 3.8 billion yuan. The rest of the required funds are solved by self financing.

China Resources micro said that after the completion of the project, the company can form a better product and process matching in the packaging and testing link with chip design, wafer manufacturing and other links, which is conducive to fully releasing the resource advantages and synergy effect of various internal links. The companys production integration ratio is expected to further increase, and promote the companys further transformation to a power semiconductor integrated operation company.