Purple light multi-channel layout intelligent manufacturing: transfer to the technology

On the evening of February 16, Kunming Machine Tool (600806, closing price of 12.32 yuan) announced the news, the company received information on the morning of February 15, Shenyang Machine Tool (Group) Co., Ltd. (hereinafter referred to as Shenji Group) and Tibet Ziguang Zhuoyuan equity Investment Co., Ltd. (hereinafter referred to as Ziguang Zhuoyuan) regarding the company's equity transfer, due to the completion of the approval of the State-owned Assets Supervision and Administration Commission of the State Council within the agreed time limit of February 8, 2016, the conditions for the entry into force of the equity transfer agreement have not been fulfilled, and the contract has not been effective, so the agreement is automatically lifted. And the two parties no longer postpone and the project is terminated.

Kunming Machine Tool Co., Ltd. stated that due to the termination of the equity transfer, the company has been informed of the potential holdings of Dong Ziguang Zhuoyuan, and the “non-public offering plan” proposed to the listed company will also be terminated, including the potential controlling shareholder related party Qidi Kefu Investment Management ( Beijing) Co., Ltd. has also informed the listed company that it will no longer subscribe for the shares of this non-public offering. Although the purple light is in the main Kunming machine tool, but before the above equity transfer expires, the purple light system has quietly laid out Zhongfa Technology (600520, closing price of 22.93 yuan).

Quiet layout of smart manufacturing

In recent years, the Violet system has launched several astounding large-scale mergers and acquisitions in the integrated circuit industry.

At the same time as the frequent acquisition of integrated circuits, the purple light system has quietly laid out the field of intelligent manufacturing. Shenyang Machine Tool (000410, closing price of 16.50 yuan) announced in April last year that it intends to invest in Shenji Group, Shenwan Hongyuan Baoding Zhongying No. 2 Collective Asset Management Plan, Tibet Ziguang Intelligent Investment and Tibet Ziguang Four-point Investment At a price of 13.9 yuan / share, 237 million shares were issued in private. After the completion of the increase, Ziguang holds 21.52% of the shares of Shenyang Machine Tool and will become the company's second largest shareholder.

When Ziguang Zhuoyuan intends to enter Kunming Machine Tool Co., Ltd., he said that the transfer of 25.08% of Kunming Machine Tool is mainly optimistic about the future development prospects of China's high-end intelligent CNC machine tool industry and the company.

It is worth noting that Nitto Technology (00365, HK) recently announced that Ziguang Group's strategic investment in Ziguang Technology has subscribed for 730 million shares of the company at 0.4 yuan per share and subscribed for 148 million yuan of convertible bonds. Upon completion of the new share subscription, Ziguang Group will hold 50.17% of the company's share capital.

For the purple light system, Nitto Technology stated that Ziguang Technology intends to assist the Group to upgrade its technology, products and production facilities, and further expand its intelligent production line and semiconductor equipment business in China.

Purple Light or Phase Zhongfa Technology

On January 27 this year, Ziguang Group bought 8.85 million shares of Zhongfa Technology through the securities trading system of the Shanghai Stock Exchange, accounting for 5.08% of the total number of issued shares issued by Zhongfa Technology, and before this equity change, Ziguang Group and its concerted actions did not hold shares in Zhongfa Technology.

It is understood that the traditional business of Zhongfa Technology is the sales revenue of integrated circuit plastic molds and chemical building materials extrusion molds. These two products are the key production technology equipments in the integrated circuit and chemical building materials industry, but due to the slow development of downstream industries in recent years, the company The income was affected to a large extent, and the profit fell seriously.


In June last year, Zhongfa Technology announced that the original actual controller Ge Zhifeng transferred 100% of its shares in Shanghai Hongwang Asset Management Co., Ltd. to Anhui Guobo Robot Industry Holdings Co., Ltd., and the state-owned robot thus indirectly held 2077.33. Ten thousand shares, the shareholding ratio is 17.09%. In this regard, Minsheng Securities pointed out that the actual controller of Zhongfa Science and Technology, the state-owned robot, relied on the China University of Science and Technology to carry out a comprehensive layout of service robots. In the future, as the main business is biased toward service robots, it is expected that the traditional main business will gradually be divested.

"Kunming machine tool equity transfer has been going on for a long time, and there are a lot of uncertainties due to asset restructuring or shareholder changes. It may start to talk very well, but it is possible to get things down to the most critical time." The person told reporters that it is not ruled out that Ziguang will give up Kunming machine tools and will be more likely to invest in Zhongfa Technology in the future.

It is worth noting that both Kunming Machine Tool and Zhongfa Technology have been losing money for consecutive years, and this year they will be subject to delisting risk warnings. This seems to indicate that Ziguang prefers ST stocks. "Because both of them are shell resources, and Zhongfa Technology is a small shareholder, it is easy to control." The above-mentioned person explained to reporters. In addition, from the perspective of market capitalization, Zhongfa Technology currently has a total market capitalization of 3.633 billion yuan, while the total market value of Kunming machine tools is 6.543 billion yuan.