On the first day of lifting the ban, the luxury fixed -increase team floating at 18% of the Shennan circuit book is "good"?

Our reporter Li Yuzheng Learner Li Wenshan is an important way for listed companies to re -financing. The high and low quality of the target objects, and the number of subscriptions is more and less. Essence Six months ago, due to the "support" of well -known institutions such as CITIC Securities, the National Integrated Circuit Industry Fund, the Swiss Bank, Huatai Securities, and JP Morgan Chase, the fixed increase in the Shennan circuit attracted the attention of the capital market. On August 24th, the luxury fixed -income team ushered in the first lifting of the ban. I wonder if this fixed book condition is "good"? About 18%of the floating loss on the first day of the lifting team's lifting team's lifting of the ban on August 22, the "Reminder on the Limited Listing of Non -Public Publishing Stocks" was released on August 22. The number of shares was 22.307 million shares, accounting for 4.3481%of the company's total share capital. According to public information, the issuance price of the above -mentioned fixed increase shares of the Shennan Circuit is 107.62 yuan/share, and there are 19 institutions in the issuing object, most of which are large institutions, with a total raising of 2.55 billion yuan. Among them, 1.8 billion yuan is mainly used to invest in the construction of high -end inverted chips for the IC board product manufacturing project, and the remaining 750 million yuan is used to supplement liquidity. As of the closing of August 24, the stock price of the Shennan circuit was 88.25 yuan/share, which was about 18%compared with the fixed increase price. The Shennan Circuit was established in 1984. It is a company that focuses on three items such as printing circuit boards, electronic installations, and packaging substrates. Among the luxury teams participating in the fixed increase in the Shennan circuit, Huatai Securities is the institution with the largest number of shares and amounts, about 3.8 million shares and 353 million yuan. About 300 million yuan; CITIC Securities, Galaxy Securities, China -EU Fund, Nord Fund, etc. also participated. Foreign -funded agencies Morgan Chase and Bank of UBS substed 2.46 million shares and 1.96 million shares, respectively, with a subscription amount of 265 million yuan and 210 million yuan, ranking third and fourth in the subscription institution. "Securities Daily" reporter called the latest situation of the Shennan circuit to interview the latest day of lifting the ban. The relevant person in the company's secretary office said: "What the shareholders participating in the fixed increase are specifically on the first day of lifting the ban and in the future. We cannot know their decisions in their own investment decisions. At the same time, the company will also do a good job of production and operation in accordance with the established operating rhythm. " The phenomenon of breaking the price increase is a relatively normal market volatility, mainly due to the dual impact of the comprehensive market environment and the high degree of crowding in the past two years. People with the possibility of rising enthusiastically disappear and gradually withdraw from the market, and the market will also look more rationally at the impact of actual rise and fall. "Chen Yinghui, co -founder of the Guangdong Valley Family Office, told reporters. According to the "2021 Annual Equity Division Implementation Plan", the total number of equity registration dates in the future implementation of the profit distribution plan is based on the total number of equity registration days. Transfer to stocks, do not send stocks. Is the fixed increase expire? In essence, the above -mentioned fixed increase in the Shennan Circuit, in addition to attracting the participation of many luxury institutions, also attracted the "mysterious" individuals. Among them, one of the individuals named Lin Xiuhao subscribed for about 660,000 shares, with a amount of 71 million yuan. At the same time, among the top ten shareholders of the Shennan circuit, personal investor Li Xuehong also attracted attention. In the third quarter of 2020, Li Xuehong was newly entered as the top ten shareholders of the Shennan circuit, with a number of positions holding 960,900 shares. Since then, Li Xuehong has increased its positions for four consecutive quarters, with 519,100 shares, 293,900 shares, 53,400 shares, and 580,000 shares. In the first quarter of 2022, she added 526,000 shares. As of June 30, Li Xuehong's position was 2.885 million. Chen Yinghui said that the floating loss is not a condition for the manager to decide whether to sell. Only when the logic of the holding company deteriorates, the product will be sold when the product has the pressure of liquidity. In addition, the fundamentals of individual stocks are excellent, and the increase has been sold or exceeded the manager's expectations. It is necessary to consider comprehensive factors waiting for the right time to buy and sell. "For the long -term and more rational fixed -increase managers and institutions, before choosing a company, the target that is in line with the logic of stock selection has been distinguished. Secondly, within the lock -up period, the manager will judge whether the fundamentals worsen to changing the shareholding holding holdings to change the shareholding. Logic, whether the ups and downs is in line with valuation expectations, etc. "A person in China Merchants Securities told reporters. The Shennan Circuit's half -year report showed that the company's total revenue was 6.972 billion yuan, an increase of 18.55%year -on -year; net profit was 752 million yuan, a year -on -year increase of 34.10%. Among them, PCB business revenue was 4.432 billion yuan, accounting for 63.57%of total revenue and 27.34%of the gross profit margin; the packaging substrate business revenue was 1.366 billion yuan, accounting for 19.60%of total revenue, 30.27%of the gross profit margin; 100 million yuan, accounting for 10.14%of total revenue and 17.64%gross profit margin. At the same time, the Shennan Circuit disclosed in the semi -annual report that the company's fixed increase in high -end inverted chips for the IC board product manufacturing project is currently 58.25%of the project, and the accumulated actual investment amount is 1.174 billion yuan.

Anxin Securities believes that with the continuous upgrading and continuous expansion of technologies such as 5G communication, artificial intelligence, intelligent wearing, automotive electronics, etc., at the same time, the PCB industry has shown a growth trend.The three businesses of substrates and electronics and installation are successively expanded in various fields to efficiently coordinate, forming a "three -in -one" business model.

Picture | Site Cool Hero Bao Map Network review | Editor of Jianyue | Qiao Chuanchuan Final Audit | Peng Chunlai

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