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紫光集团重组战略投资者确定 智路建广联合体最终入围

Ziguang Group reorganized strategic investors confirmed that Zhilu Jianguang consortium was finally shortlisted.

證券時報 ·  Dec 11, 2021 11:10
On the evening of December 10, Ziguang Group's main listed platform Ziguang shares, Ziguang Guowei issued a notice, indirect controlling shareholder Ziguang Group notice, through multiple rounds of restructuring investment plan selection The consortium composed of Beijing Zhilu Asset Management Co., Ltd. (hereinafter referred to as "Zhilu Capital") and Beijing Jianguang Asset Management Co., Ltd. (hereinafter referred to as "Jianguang assets") was finally identified as a strategic investor in the substantive merger and restructuring of seven enterprises such as Ziguang Group.
On the same day, Ziguang Guowei and Ziguang also disclosed that Tsinghua University intends to transfer all the shares of Tsinghua Holdings held by Tsinghua University to Sichuan Energy Investment Group Co., Ltd. The transfer is subject to the approval of the Ministry of Education and the State-owned assets Supervision and Administration Commission of Sichuan Province. At present, Tsinghua Holdings holds a 51% stake in Ziguang Group. Affected by the restructuring of seven enterprises, including Ziguang Group, and this transfer, there is uncertainty about the changes in Ziguang shares, Ziguangguo's shareholding structure and the actual controller.
On October 18 this year, the first creditors' meeting of the substantive merger and reorganization of seven enterprises, including Ziguang Group, disclosed for the first time that a total of seven intended investors had signed up to participate in the restructuring strategic investment, but the specific list was not disclosed. Finally, Zhilu Capital and Jianguang assets, as professional investment institutions, have a long-term and in-depth investment layout in the semiconductor field, and have rich experience in operation and integration in the upper and lower reaches of the integration industry chain.
According to the official websites of the two companies, Zhilu Capital is a global professional equity investment institution focusing on semiconductor core technology and other emerging high-end technology investment opportunities. Jianguang assets was established in January 2014. It is a private equity management company focusing on investment and mergers and acquisitions in the integrated circuit industry and strategic emerging industries.
According to incomplete statistics, since 2015, Zhilu Capital and Jianguang assets have led many major investments in the field of 10 billion-class semiconductors, accounting for more than half of the important mergers and acquisitions in related fields such as semiconductors of more than 1 billion yuan. these include the largest semiconductor merger in China, that is, the acquisition of Anshi Semiconductor of NXP at a cost of about US $2.8 billion, and finally Anshi Semiconductor was taken over by Wentai Technology, and its performance improved significantly after integration.
In recent years, Zhilu Capital operates frequently. On December 1, Zhilu Capital also spent about 9.3 billion yuan to acquire four Chinese mainland packaging plants owned by Nikko, the world's largest semiconductor closed test manufacturer. In November this year, Zhilu Capital announced the acquisition of ePAK, the world's top four semiconductor vehicle supplier, to make up for domestic vehicle deficiencies. Last July, Zhilu formed a $200m joint venture with ASM PACIFIC, the world's largest supplier of back-end packaging equipment, which is controlled by Zhilu Capital and focuses on providing lead frames for memory, analog chips, microcontrollers and automotive chips.
According to the schedule disclosed by the debt Committee, starting from the court's acceptance of the merger and reorganization of seven Ziguang companies on August 27, the formulation of the strategic restructuring plan of Ziguang Group will be completed within six months, that is, a repayment plan will be given and voted on by creditors before February 27, 2022. With the current round of strategic investors clear, the restructuring plan is expected to speed up the formulation.
According to previous disclosures and reports, as of October 18, the creditor's rights manager had examined and determined the claims of Ziguang Group of 108.181 billion yuan, and suspended the determination of claims of 50.299 billion yuan; as of November 19, it had confirmed that the scale of claims was about 142.6 billion yuan. According to the manager's carding, the business of the seven restructuring enterprises is mainly chip business and cloud network business, supplemented by energy, finance, education and other businesses. its core asset business is mainly distributed in the operating entity enterprises of the subordinate chip plate, cloud network plate and other business sectors.
At present, the main market players of Ziguang Group are doing well, and the business level shows that it is not affected by the group debt restructuring. As the cloud platform listed company of Ziguang Group, in the first three quarters of this year, Ziguang shares achieved a net profit of 1.6 billion yuan, an increase of nearly 30% over the same period last year, of which contract liabilities increased by nearly 50% over the same period last year. Ziguang disclosed that thanks to strong downstream demand and full orders, the company's business income from special integrated circuits and intelligent security chips grew rapidly, with a net profit of 1.457 billion yuan in the first three quarters of this year, double that of the same period last year.

The translation is provided by third-party software.


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