LED epitaxial project injection, ST Ganhua unlimited amount of daily limit

ST Ganhua closed this week's third infinite daily limit, reported at 8.99 yuan, closing at 22.1 million shares, 199 million yuan, which shows that the market is eager to pursue. In this group of "seekers", institutions are listed.


According to the transaction returns of the stock in the past three trading days, the two institutions bought a total of 950,000 yuan, which seems to be a negligible amount of funds, but it has accounted for 27% of the total transaction volume, which reflects the organization as " Searching for "chips" can be described as sharpening the head. Drawing on past experience, it is not ruled out that after the stock market has been infinitely large, it will officially usher in a large-scale rush of institutions. At the end of the third quarter of last year, only CIC Securities held 1.02 million shares in the list of the top ten tradable shareholders.


The reason for the agency's favor comes from the restructuring plan disclosed by the stock at the beginning of this week: On February 11, the company announced that the major shareholder changed hands. On February 15, the company announced that it plans to non-publicly issue 12,000 shares at a price of 6.78 yuan per share, and raise 810 million yuan from the new controlling shareholder Delixi Group. According to the announcement, the funds raised will be mainly invested in the LED epitaxial wafer production project and the yeast 28a bioengineering technical transformation and expansion project, with investment funds of 600 million yuan and 190 million yuan respectively. The main purpose of the company's additional is to develop LED optoelectronic industry and bio-industry to achieve business transformation. Among them, the field of LED epitaxial wafers and chips is the middle and upper reaches of the industry, and currently it is mostly a monopoly of foreign companies. The company expects annual operating income to reach 960 million yuan after completion of production, annual net profit can reach 130 million yuan, static investment recovery period is 6.33 years; yeast bioengineering technical transformation and expansion project will reach annual sales income of 330 million yuan after completion. The annual net profit can reach 39.4 million yuan, and the investment recovery period is 7.01 years.


It is worth noting that Delixi Group's shareholding company Shanghai Boen Shitong Optoelectronics Co., Ltd. is also engaged in the production of LED epitaxial wafers and chips. Therefore, the Group promises to hold Shanghai Bo in the 6 months after the company's LED industry has formed capacity. All equity of Enshitong Optoelectronics is transferred to ST Ganhua or unrelated third parties to eliminate possible horizontal competition business relationship.

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