“Science and Technology Innovation Board Daily”, July 11 (Reporter Guo Hui) Today (July 11), the “Science and Technology Innovation Board Daily” reporter learned from the Shenzhen Joint Stock Exchange that Wei Weiping, an individual shareholder of Northway, plans to list and transfer 4.7672% of the company's shares at a listing price of 76.23 million yuan.

According to the Shenzhen Joint Property Exchange website, the asset listing start date is July 11. The listing expires on August 21 this year.

Wei Weiping is currently the eighth largest shareholder of Northview, with a shareholding ratio of 4.7672%. This means that all of the Northwee equity assets held will be cleared after the transfer.

According to the “Science and Technology Innovation Board Daily” reporter, Wei Weiping previously participated in public events as an investor. Currently, he holds positions such as Chairman of Zhongke Weishi (Beijing) Technology Co., Ltd., Chairman of Zhongke Jinjing (Beijing) Technology Co., Ltd., and General Manager of the General Administration of Shenzhen Sunflower Investment Co., Ltd.

On July 3 of this year, Northway issued a statement on its official website stating that it had reached a settlement with Anhuagao on all disputes. However, Anhuagao did not confirm or disclose details of the above settlement.

After Northway's so-called settlement announcement was issued, an anonymous person claiming to be Northwee's long-term strategic investor was immediately interviewed by the investment agency, saying that Northway now has some merger and acquisition value, and that the listed company Jingwei Huikai will also become the winner of the settlement between the two parties based on its previous shareholding.

According to information, Jingwei Huikai's current shareholding ratio in Northview is 9.188%, and it is also the second shareholder of this filter company. From July 2 to July 11, Jingweihui's closing price increased by more than 61%.

However, regarding whether Jingwei Huikai intends to participate in the Norse WeChat equity acquisition, the “Science and Technology Innovation Board Daily” reporter called Jingwei Huikai Securities Department today (July 11). Its staff said, “We have not received any relevant information.” The source said that at present, the company has no business dealings with Northway, and the two parties only have a shareholding relationship.

According to information, both Jingwei Huikai and Norsiwei companies are registered in Tianjin. Jingwei Huikai currently has a total market value of about 4.6 billion yuan. Its main business is R&D, production and sales of liquid crystal displays and touch display modules and electromagnetic wires. The main products include LCD screens, liquid crystal display modules, capacitive touch screens, touch display modules (fully compatible products), protective screen cover glass, etc. The products are mainly used in vehicle displays, household electronics, medical devices, industrial control and electricity.

According to JingweiHuiKai's 2023 financial report, as of the end of 2023, the total assets of shares held by JingweiHuiKai in Northway were 0.136 billion yuan.

Furthermore, Jingwei's annual report also shows that in 2021, Northway “went to court” with Jingwei Huikai and its chairman and general manager Chen Jianbo on the grounds that they allegedly infringed on technical secrets. In 2022, China Resources Wei was also added as a co-defendant in this lawsuit.

According to information, the total amount of money involved in the above cases is 0.3 billion yuan, but the first instance verdict has rejected all of Northwei's lawsuits, and the second instance verdict has not yet been issued. On April 10 of this year, Northway withdrew its appeal against Jingwei Huikai and others in the Supreme Court.

Based on the rough calculation of the current transfer of 4.7672% of Northway's shares at a listing price of 76.23 million yuan, Northway's current ideal valuation in the eyes of this individual shareholder is around 1.6 billion yuan.