“Science and Technology Innovation Board Daily”, March 25 (Editor Song Ziqiao) This evening, Hi-Tech Development revealed its 2023 results. In 2023, it achieved operating income of 8.08 billion yuan, an increase of 21.88% year on year; net profit of 366 million yuan, up 83.82% year on year; basic earnings per share of 1.039 yuan. Based on this calculation, Hi-Tech Development achieved net profit of 112 million yuan in the fourth quarter, a decrease of 30% over the previous quarter.

Currently, the main source of revenue for Hi-Tech Development is the construction business, which accounts for more than 90% of revenue. Previously, it entered the power semiconductor IGBT circuit through the acquisition of Senwei Technology.

Hi-Tech Development said that in 2023, the company will focus on the new main business of power semiconductors, build a power semiconductor business group with a market-based operation mechanism with Senwei Technology and Xinwei Semiconductor as the main players, and establish a power semiconductor research institute to strengthen R&D collaboration. In 2023, Hi-Tech's power semiconductor business achieved revenue of 148 million yuan, an increase of 139.47% over the previous year.

Additionally, the company plans to distribute a cash dividend of 1.52 yuan (tax included) for every 10 shares to all shareholders.

Established in 1992, Hi-Tech Development is the only state-owned listed company under the High-tech Zone Management Committee. The High-tech Zone Finance and Finance Bureau is the actual controller, and Chengdu Hi-Tech Investment Group Co., Ltd. is the largest shareholder.

Today, high-tech development plans replicate the layout path of the power semiconductor business and join the AI wave. By entering the core circle of Huawei's computing power concept, Hi-Tech Development has quickly become a “monster”. Since October 19, 2023, the company's stock price has risen by 426.64%.

Looking back on this journey —

On the evening of September 26, 2023, Hi-Tech Development announced that it plans to acquire control of the computing power industry enterprise Sichuan Huakun Zhenyu Intelligent Technology Co., Ltd. (“Huakun Zhenyu” for short). According to information, Huakun Zhenyu is an enterprise in the Huawei Kunpeng ecosystem, ranked first in the “Kunpeng + Shengteng” ecosystem sales scale and first in capacity assessment. It is the only partner among Huawei ecosystem partners to obtain the “Kunpeng + Shengteng” dual leading level certification. It achieved revenue of 1,086 billion yuan, 3.424 billion yuan, and 3,949 million yuan respectively in 2021, 2022, and January to September 2023, respectively, and realized net profit of 11 million yuan, 43 million yuan, and 47 million yuan (unaudited).

Following the announcement, on the first trading day of the resumption of trading (October 19, 2023), the word Hi-Tech Development went up and down. In the early morning of the same day, the company also announced a specific acquisition method — it plans to purchase a total of 70% of Huakun Zhenyu's shares by issuing shares and paying cash. Subsequently (October 20 to November 2, 2023), high-tech development achieved ten consecutive gains.

It is worth noting that compared to the end of the third quarter of 2023, the top ten tradable shareholders of Gaoxin Development made a big change of blood. Niu San Zhang Jianping added 3.1812 million shares, making him the fifth largest tradable shareholder and the seventh largest shareholder, holding 0.9% of the total share capital.

Zhang Jianping is one of the legends of the Chinese stock market. He has many titles such as “First Slayer” and “Master Zhang”. He is famous for his unique investment style and strategy. He is good at exploring small to medium capitalization stocks with growth potential, and investing in medium- to long-term investments at the right time.

According to online public information, in the 1990s, by chance, Zhang Jianping, who was not a financial professional, joined the stock market with 50,000 yuan. After decades of ups and downs, his capital volume had reached 10 billion dollars, and his name also appeared on the list of the top ten shareholders of A-share listed companies many times.