Refinancing giant GigaDevice launches this 4.3 billion private placement!

The shareholder lineup is very strong!

GigaDevice announced the results of the private placement this time, raising a total of 4.324 billion yuan.

Among them, Singapore Investment Co., Ltd. (GIC) received an allotment amount of 1.994 billion yuan, and will become the ninth largest shareholder after registration is completed, with a shareholding ratio of 2.17%; Ge Weidong was allocated 7.3609 million shares, with an allotment amount of 1.5 billion yuan, and the shareholding ratio will be

Increased to 4.48%, becoming the fifth largest shareholder.

So let’s now take a look at the current distribution of the top ten shareholders. GigaDevice has received a fixed increase of 4.3 billion yuan, Singapore Investment Co., Ltd. has been allocated 2 billion yuan, becoming the ninth largest shareholder; Ge Weidong has been allocated an amount of 1.5 billion yuan (previously the sixth largest shareholder).

Large circulating shareholder), becoming the fifth largest shareholder!

The National Integrated Circuit Fund is the second shareholder. It was acquired in 2017. Therefore, judging from the position of the large fund as the second largest shareholder, how can other funds not be moved by the state's support for technology companies like GigaDevice?

Woolen cloth?

Ge Weidong was once a futures tycoon, but later moved to A-shares.

According to statistics, the market value of his positions is as high as 11.3 billion, and the overall floating profit exceeds 6 billion. He has appeared in UFIDA, GigaDevice, iFlytek, etc., and Wanhua Chemical also spent billions. He was very patient and gained.

Generous returns can be called a model of value investment!

This also reminds me of Yao Zhenhua. When everyone said he was a madman, little did they know that he made a lot of money in A-shares. In fact, this is the pattern!

Recently, many demon stocks have increased their holdings and reduced their holdings, all of which are playing tricks; in fact, if more big names enter the market through fixed-term increase, there is no need to worry about the market not rising, you think so!

The fixed increase price this time is 203.78 yuan, which is only a 1% discount from yesterday's closing price of 205.66 yuan. It seems that these institutions are full of confidence!

As one of the leading chips, the news of GigaDevice has brought a certain stimulus to the technology stocks held by large funds!

As mentioned before, we should not play with companies that often increase their growth, but we must also look at the nature of the company and see what it does?

GigaDevice is the leader in chip storage, and the net funds raised by GigaDevice this time are 4.282 billion yuan, which will be used for DRAM chip research and development and industrialization projects, as well as supplementing working capital. Therefore, with such a good prospect, such a fixed increase

, those institutions are eager to get more!

In fact, this time, 42 institutions participated in the private placement, but in the end 5 companies were selected. Therefore, GigaDevice’s private placement is a real hit!

As a leader in memory chips, GigaDevice has been established for fifteen years and has gradually formed a "storage + control + sensor" layout.

It has been listed for 4 years, and its stock price has increased 30 times. It is a good company analyzed in Dongge’s technology column, so we might as well talk about the past and present of this company!

The company was founded in 2005 and initially entered the market with Nor Flash flash memory. In 2011, it established an MCU (micro control unit) division to get involved in the MCU industry. In 2017, it joined forces with Hefei Changxin to get involved in the DRAM industry. In 2019, it acquired Sili Micro to enter the sensor field.

After fifteen years of development, the storage business has covered three major types of memory chips (Nor Flash, NAND Flash and DRAM). The main business model is Fabless. It has also entered the MCU and sensor fields, and diversified industrial operations have begun to bear fruit.

Let’s elaborate on the more important process in the middle: the acquisition of GigaDevice and its listing on the Shanghai Stock Exchange on August 18, 2016.

The company's main business is memory chips and microcontroller MCU chips.

However, just 20 trading days after GigaDevice was listed, the company was suspended due to major asset restructuring matters and embarked on a one-year private placement acquisition journey, which unfortunately ended in failure.

The target of the acquisition at that time was Silicon Semiconductor. This company has a strong background and was spotted by several companies. Finally, it was acquired by Beijing Ingenic (a "powerhouse" in the domestic chip industry) (it obtained the approval from the China Securities Regulatory Commission on January 1 this year.

approval document).

Less than three months after the first acquisition failed, GigaDevice was suspended due to major asset restructuring matters. The target of this acquisition was Shanghai Siliwe.